Lease renewal is the process where tenants and landlords negotiate extending an existing lease under new terms. It involves reviewing rent, duration, improvements, and clauses. A successful renewal balances tenant needs with market rates and fosters long‑term occupancy.
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Although it may not be easy, every small business that wants to succeed in the long run should have a strategy that strictly keeps its operational costs to only what is necessary
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This guide will provide a complete overview on all the costs related to leasing an office space and provide cost saving advice.
