What things do I REALLY need to know if I'm thinking of start a new retail business with my friend? - business retail insurance
A friend and I are thinking about selling our own business, football products from all NFL teams and also play the computer as a bonus. We thought it would be a good idea because there's no better place than that, you know, in the north of England, at least, and as we started to play the sport, and it was difficult, high-quality equipment at affordable prices get. We'd all products are available, know as well as online, but not really, as we have on the implementation, space, insurance, equipment, staff and everything else. Any help you can offer much appreciate it. Thank you in advance.
Saturday, January 16, 2010
Business Retail Insurance What Things Do I REALLY Need To Know If I'm Thinking Of Start A New Retail Business With My Friend?
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I am a licensed real estate agent specializing in commercial real estate. Here are my recommendations:
1: Clean your credit. The owners and wholesalers, so that a copy of your credit report run. Try the debt to the high balance on their credit cards and accounts payable turnover than useless. Your deposit for the rental space will be based on your credit report. Most landlords demand rent in advance of the first month and two months rent as security deposit. Be ready.
2: Presentation of a company and get a sales tax ID. You can check out who most deserves the title "president" in his company is due to sign a lease for space in the retail and the President to sign the contract. In addition, strikes with its name and identification of local sales tax in a conversation with the owner and distributor he is serious and ready to go.
3: Consider your space requirements. A classic in store Comf adjustmentortably square feet at 900-1200. This will allow enough room to have the devices in the wall space and display racks for clothes. If you have screens larger premises, will consider up to 1400 square meters. Remember that the largest square footage, more money for the rent.
4: A typical shopping center lease consists of two elements: base rent and CAM. CAM is the maintenance of public areas, including property tax, insurance and maintenance can be evaluated and passed to the tenants of the shopping center. A lease, the base rent and CAM is called Net (NNN Triple covers) lease. A lease, which only consists of a flat fee per month, which means there is a gross lease. Always ask what type of contract will be before engaging in serious negotiations.
5: Before signing anything, you always ask for a letter of intent. A Memorandum of Understanding or Letter of Intent, the basic conditions of your lease, the date of deposit of the rent. This document can negotiate on the number of basic incomeAs housing costs.
6: Do not be afraid to ask questions or consult an attorney before signing a lease. A few sentences in a lease term can be important in hell. It makes sense to consult a qualified attorney for advice or trusted real estate company, real estate agents.
In terms of creating a front, with your own style sheet www.avehost.com Web. They offer all types of packaging for a former company of e-commerce. They are very friendly and give a good deal get a domain name, and the establishment of the store.
Hopefully everything works for you! E-mail if you have real estate questions.
I hope you know this good friend, if you have a creek without a paddle!
hummmmmm ... How many years now ?..... and who already have a GIS. others?
You need to know that you will not be able to sleep for a year to set up these companies
So U should go to LA WWW.SBA.GOV information. YOU ARE ON THE RIGHT TRACK WITH UR BUSINESS and have a lot of info, SO CHECK IT OUT AND GOOD LUCK
Ask your friend, otherwise it might a battle of
It seems that you are selling licensed material to check with the NFL is probably the place to start. Retailing is a commercial failure amounted to the first question is: "Who will buy my things. Thus, as many be willing to pay for it.
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