Some business owners will ask a full year in advance. Others call 2 or 3 months before moving day. For the average business, 6 months notice is sufficient.
A professional space broker should meet with you at your present place of business to discuss your needs and requirements. The broker should ask you important questions such as:
- Why do you want to move?
- When do you need to vacate?
- What do like about your present location?
- What do dislike about your present location?
- How do you need your office space configured?
- Which geographical area would like to be located in and why?
- Do you need to be close to public transportation?
- Will the business require special zoning by the city?
- Does the business generate noise or emit smells?
- How much parking for staff and visitors is required?
- If a manufacturing space, does it have special electrical needs?
- If shipping and receiving, do you require loading docks?
- If warehousing and storage, what are your height requirements?
- What is your budge
The short answer is -- nothing. A professional space broker''s services are normally paid for by the future landlord. However, in some retail space situations the client is responsible for paying the space broker. As in any business dealing, ask!
A professional space broker should always take the time to explain these terms, and all of the leasing process. Never be embarrassed to ask questions. The fact is that many tenants, brokers, agents and landlords may have different variations of these terms. A professional space broker should clarify all terms with the client before continuing with the process of leasing.
No. Our area of expertise is in the industrial and commercial field.