Is your office space lease up for renewal? If so, you most likely have a Renewal Deadline to provide your Landlord if you will be renewing your lease. Should you renew your lease? Or relocate your office? Now that is the question. Before you make your decision, avoid these three traps if you want to reduce your financial risk, maximize your monthly rent and providing the most long term flexibility for your company.
Continue reading “Your Map To Avoiding Hidden Traps When Renewing Your Office Space Lease” »
What you need to know – Landlords use the Operating Expense Reconciliation to, well, reconcile the difference between the money they projected you would pay as part of the Common Area Maintenance (CAM) fees and what you actually paid and owe them for that space for the year. Of course, landlords don’t go around waving a sign, reminding you of how much they need from you and what you’ll be paying to help upkeep the building during your lease so it’s crucial that you stay on top of tracking these expenses.
1. Get some fresh air – Whether you are in a shared work space or have an office to yourself, there’s no need to wait until after work hours to smell the fresh blooms and enjoy the gentle breeze rustling through the nearby trees. Pull up those shades and crank open the windows for a delightful springtime moment right from your office chair. Bonus points: Take your laptop or meeting notes outside for an al fresco afternoon.
1. Embrace the unexpected – How to brighten up employee morale? Surprise those who work hard in your company. Cater lunch once in a while. Leave gift cards or coffee on employee’s desks as a welcome “keep up the good work”. Leave caffeinated gift, or little treats in the break room for easy munching during the day. This unexpected action does take some creative planning. It is a simple way to add more value and appreciation all around.