3 ms·
Don’t sign that lease yet
- dpifke 18y agoWhile I agree with most of this article, one consideration not mentioned is the time and trouble involved with an office search/build-out/move. Having been through this countless times, it always seems to be a bigger than expected drain on the entire company. Depending on the amount of space being leased and cost, sometimes it's just not worth spending weeks haggling or ending up in a short-term lease or sublease that means you're going to have to do it again in a year. Especially if that time and energy could be spent on improving your business instead.
- jwb119 18y agoGood points, but I wonder how many early stage startups actually sign the long term class A office space leases that so irk the author.
- merrick33 18y agoEvery time we have looked at a class A lease, the leasing agent has pushed for a minimum term of 3 years. When we looked at executive offices the lease term was really short but the cost/sqft was really high.