42 – Is Your Deal too Small for Help? How to Get an Expert to Assist With Your Small Space Need

`Hello, and welcome to Episode 42 of The LeaseSmart Commercial Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

Today Craig gives an answer to a question he’s been hearing quite often lately and that is “How can you get professional help if your deal is very small?” If you’re looking for a small space, most commercial leasing agents won’t be able to help you out because small deals take just as much work as big deals and their commission ends up being way less than fair compensation. Of course, commercial leasing agents want to be as helpful as they can be, so Craig has some ideas to bridge the gap.

One idea that might help you get the expert help you need for your small deal is to do some or most of the legwork for your agent. If you work out a system so that you are taking a look at the properties and possibly even talking with the landlord’s agent yourself you can leave the trickier stuff for your commercial leasing agent to handle.

Craig has also seen clients pay the minimum fee amount even though it is slightly higher than the percentage commission fee would have been so that they can have the expert help they need.

Another idea is to head up most of the work in site selection and negotiation yourself and simply paying a commercial real estate agent for their advice. Under this kind of arrangement you could call on them anytime you needed their guidance and they’d be happy to be compensated at an hourly rate.

May the force be with all of you seekers of small spaces! Thanks for tuning in!

Helpful Links:

For more information, be sure to visit LeaseSmart.com

41 – Thinking About Opening a Location in India? Here is the Latest

Hello, and welcome to Episode 41 of The LeaseSmart Commercial Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

Today Craig welcomes special guest Abhijith Shashidhar, a partner with the D&A Corporation to discuss the growing manufacturing market in India. India has a good, long-held reputation as a great site for the service industry. Now they are ramping up a huge campaign to be a great manufacturing option as well.

Listen in to learn about the global market and how to strategize a move to India. Thanks for tuning in!

Helpful Links:

Learn more about D&A Corporation by typing “da-corp.in” into your browser.

Abhijith Shashidhar may be reached by e-mail at: abhijith@da-corp.in or by calling:
M: +91 9663988966
P: +91 80 4120 2347

For more information, be sure to visit LeaseSmart.com

40 – Franchisees Beware! Don’t Fall Into the DIY Trap! Critical Advice From the National Franchise Institute

Hello, and welcome to Episode 40 of The LeaseSmart Commercial Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

Today Craig welcomes special guest Carolyn Miller, Founder and Principal with National Franchise Institute. Carolyn has worked in the franchise industry for many years. She specializes in development and knowing how to make financially smart site selections. She has enacted site selection deals for franchises like McDonalds, Chipotle and Red Robin. There are so many informative tips in our episode today.

First, we talk about the top mistakes we see tenants making in picking out a space and negotiating a lease. These are things that don’t seem like a bad idea at first. Learn from others’ mistakes before you have to make your own!

Then, we discuss how being in a franchise is better and how it is worse than when you are finding sites and negotiating lease yourself.

The National Franchise Institute is a leader in educating franchisees and guiding them through the leasing process. Thanks for listening and we sure hope this helpful for you today!

Helpful Links:

Click here to visit the National Franchise Institute.

They can also be reached by calling (303) LEADERS.

For more information, be sure to visit LeaseSmart.com