SMALL PRINT, BIG BUSINESS RISKS READING BETWEEN THE LEASE LINES
Signing a lease for a new business space might seem like just another step before opening the doors, but it’s much more than that. A commercial lease is a binding contract that can affect operations and costs for years. If you don’t fully understand what you’re agreeing to, you might end up stuck with confusing, restrictive, or unexpectedly expensive terms. Unlike residential leases, commercial leases are not standardized. Each is written differently, and the fine print can shift expenses onto the tenant in surprising ways. Rent might rise automatically based on inflation or “market conditions.” You may also be asked to cover building insurance costs, taxes, or repairs without a clear limit on how much those charges can grow. Those hidden costs can be the difference between a healthy budget and constant financial stress, especially for a small business.
Other lease clauses can affect your operations. Some leases limit what type of services or products you offer, while others may block subleasing if your business outgrows the space or moves in a new direction. And if a personal guarantee is buried somewhere in the document, your own assets could be on the line. That’s why a thorough lease review is a must. Having an attorney review your lease before signing allows you to identify potential issues and push back for more favorable terms. An attorney can flag vague language, suggest ways to cap shared expenses, and ensure the document clearly spells out responsibilities for repairs. Depending on the situation, you may even negotiate an early exit option that gives your business flexibility to adapt to changing needs and circumstances.
The worst time to learn about hidden terms is after you’ve moved in and invested in renovations or buildout. It’s much easier and far less costly to catch problems before you sign. Our attorneys at Sul Lee Law Firm can help you evaluate terms, negotiate from a stronger position, and choose agreements that support business growth instead of holding you back. Call us or reach out online for a personalized consultation.
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Apple-Cranberry Salad
INGREDIENTS
Inspired by WanderlustAndWellness.org
• 6 slices of bacon • 1/3 cup balsamic vinaigrette • 1/3 cup olive oil • 2 tbsp raw honey • 8 oz fresh baby spinach, rinsed and dried
• 3/4 cup dried cranberries • 1 Honeycrisp apple, peeled and thinly sliced • 1/4 red onion, thinly sliced • 1/2 cup feta cheese
DIRECTIONS
1. In a large skillet, cook bacon until crispy. Remove it from the pan and set on a paper towel-lined plate to cool. 2. In a small bowl, whisk together balsamic vinaigrette, olive oil, and honey. Set aside. 3. In a large bowl, add spinach, cranberries, apple slices, red onion, and feta. Crumble bacon pieces over the top. Use salad forks to toss ingredients thoroughly. 4. Add dressing to the salad and toss again until well-coated.
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