How to rent a business

According to some analysts, the concept of "rental business" has no right to exist. After all, it is easy to assume that it is better to develop a profitable business, and not to give it to the wrong hands, content with only small percentage deductions. However, the number of proposals for renting out a finished business on the real estate market is constantly increasing.

Instruction manual

1

Choose the field of activity in which you wanted to develop your business. Most often they rent hotels, cafes, saunas, beauty salons, etc.

2

Read carefully the offers in your city. You can do this on business forums, message boards, city portals. Calculate whether the rental price is adequate.

3

Ask the landlord to submit a financial report for the past period of work to determine the profitability of the business.

4

Check out the lease. In particular, how the rights and obligations are distributed in the event of fire, flooding or other circumstances beyond the control of the tenant.

5

Discuss staffing issues with the landlord. Often an existing business is transferred with staff. However, depending on the terms of the contract, you can leave it or dismiss it by recruiting specialists at your discretion.

6

Sign the contract with the list of property transferred to you for use. The document must be in duplicate, one of which is subsequently stored with you.

7

If you plan to buy additional equipment, such as a solarium for a beauty salon or a mini-wash for a tire center, try to choose mobile models. Since the landlord will not compensate for such costs. In the future, you can either open your own business or sell equipment in the secondary market.

note

The rent at the conclusion of such an agreement is usually charged for two months: the first and the last.

It is worth renting a business only if it involves the use of expensive equipment, for the purchase of which you currently do not have the means. Otherwise, it will not be profitable for you.

This type of entrepreneurial activity should be considered as a temporary transshipment period during which you will develop managerial skills, gain work experience and accumulate an amount sufficient to open your own company. Therefore, it is advisable to conclude a contract for 1 year with the possibility of extension.

Useful advice

The cost of renting a business includes payment for the use of the occupied space, depreciation of equipment, the presence of an accumulated client base, the technical condition of the premises, territorial location, and others. To determine the adequacy of the amount of the future transaction, compare these parameters with market prices.