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Business For Lease Agreement

When you lease a business, you can have the best of both worlds: the freedom to work for yourself within the structure of an established business.

Many people relish the idea of going into business for themselves. They love the idea of the freedom of being their own boss and being in control of their own destiny. But of course, nothing in life is guaranteed and starting a new business venture is inherently risky. Leasing an established business can be a prudent first step into the world of business ownership.

If this is the step you are thinking of taking, here is what you need to know:

  • WHAT IS A BUSINESS LEASE AGREEMENT?
    Essentially, it is a rental agreement between you and a business owner. Normally, a Business Lease Agreement means you are leasing a pre-existing business as-is, with all the equipment, real estate space, etc. You are acting as a manager, but instead of earning a salary, you lease the business from the owner and pay a monthly rent for the right to run it.
  • WHAT KIND OF BUSINESS CAN I LEASE?
    Any business you want to.
  • CAN I BUY THE BUSINESS OUTRIGHT?
    Maybe. The option to buy the business can be included in the lease agreement. Depending on the nature of the agreement and the wishes of each party, suitable option clauses may be a part of the Business Lease Agreement.
  • WHAT DO I NEED TO INCLUDE IN THE BUSINESS LEASE AGREEMENT?
    Leasing a business is a lot more complicated than simply renting space for a business. As well as the pre-existing equipment, the lease agreement may contain clauses about properly running the business, the right of the owner to inspect or advise, options to buy, rights to automatic extensions, rights of refusal, etc. An established business needs attention to detail, much more so than a standard lease for real estate.

No matter if you are leasing your business or considering taking on a business lease, you will need to be sure your Business Lease Agreement is sufficiently complete. A well drafted agreement will be the strong foundation on which you can build your business, so be sure to get it right the first time.

Business Lease Agreement Available for Immediate Download More Information Click Here

Business Lease Agreement Available for Immediate Download