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What To Consider Before Office Sublease Process

By Stacey Burt


Usually when you have your own business, you would want to have your own space where you can operate. Most of the owners would leasing a space of their offices. There are several reasons to this choice but the main one would be the cost of building your own office being too costly especially if you are just starting your own business.

But even when you are just leasing, this can still be a very heavy financial burden to bear. So for you to lessen the payments, you can choose to have office sublease Chicago tenants. This is actually the option that most people or business owners have done to decrease their monthly rents.

Before you can go ahead and look for a tenant, there are several things that you have to establish. Review the contract that you signed with the landlord. Try to see if there are any areas that could be in connection to subleasing agreements and whether or not it is permitted in their space. You need to go through the contract again before you can face the landlord.

There is a chance that it is allowed. Usually if they let a subtenant settle in, the rent will go up but only for a small fraction. But there are also others who do not allow this in their establishments. If it is permitted, you have to talk to the landlord about the new arrangement. And if this is not permitted, you can still talk to the owner and see if they could change their minds.

You also need to check the spare space that you have. This is to be sure that you really have enough to accommodate one more. You need to check if the new office would be blocking some of the path ways and the doors. Because if it will be doing this, you need to think about not proceeding. Another reason why people do not wish to go on with this is when the subtenants are already becoming a nuisance to the business.

Once everything is established, you have to inform your immediate neighbors about the decision you have made. This is so that they will also be prepared for the new occupants. There are times when they might be disturbed and because of this, there might also be arguments that could have been avoided had they known that there are new tenants.

One of the most important thing to note is that you should be picking the perfect tenant. It should be like hiring a personnel for your business. You should scrutinize the people who want to apply for the small space. Aside from they are trustworthy, they should also have an idea on the current arrangements and their boundaries.

Your plans for the future of your business might be able to influence this decision as well. If you are planning to expand the soonest possible time, you should offer them a short term contract only. So that you can utilize the remaining space for the additional staff that you will hire once you have expanded.

One thing that you must include when you both sign the contract are the rules that needs to be followed by all tenants including your staff. This is so that both of you will exist harmoniously in one area. And this is also a way to avoid disputes.




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