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Session 10: Location and leasing

Session Quiz

  1. During the formulative years of Denny's Restaurants, they passed up many good locations because their primary criterion was to be located on freeways. If it was not on a freeway offramp, they passed. Was this a good policy?
    2.

  2. If you start a business that does not depend on "location," where you start is of secondary importance.

  3. Why is it that the most astute start-up entrepreneurs rent their premises rather than own the real estate where they conduct their businesses?

  4. You are planning to open a single retail store (or to start a chain of retail stores). The WORST way to scout for a location is to:

  5. It is better to make a deal for your first retail location where:

  6. The most important player on your team to check out a lease for your first location is:

  7. One of the following answers is NOT a good reason to sign a short-term lease with options:

  8. When you lease a space for an office, retail store or warehouse, how do you protect yourself from being tied into a lease even if you have outgrown the space?

  9. A Net, Net, Net lease means that the tenant pays their share of:

  10. Zoning requirements can be obtained from:

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spacer Deciding on a business | The business plan | Home based businesses | Financing the business | Business organization | Licenses and permits | Business insurance | Communication tools | Buying a business or franchise | Location and leasing | Accounting and cash flow | E-Commerce | Opening and marketing | Managing employees | Expanding and handling problems

Getting financial controls in place | Getting your team in place | Customer feedback | Achieving lowest expenses | Develop negotiating skills | Alternatives for capital allocation | E-commerce | Growth by duplication | Vertical integration | Franchising your business | Global expansion | Buying businesses | Public ownership | Selling your business | Considerations for family succession

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