Rent paid for office space can be one of the most significant costs of operating a business, yet it is often difficult to determine if you are paying too much or too little. This article provides a few tips to help you determine how much you should pay, as well as some advice on negotiating the rental provisions of your lease. Continue reading
Dentists, like other highly educated, intelligent professionals, often believe they can negotiate important legal documents, such as office leases, without any assistance from an attorney. The reasoning, I think, is that legal documents are written in English, so any smart, well-educated person who reads that document carefully can understand it. Unfortunately, there are many traps for the unwary in this approach. The purpose of this article is not to tell you this, in general terms (since I am sure you have heard it, many times, before), but, instead, to give you a few, real-life examples, to show you just how risky, and costly, this approach can be.