Accounting / July 18, 2018 / Willow Mccoy
The process of signing a commercial lease is usually initiated by the landlord, who will often offer you a "standard" lease. Don't sign this right away - the lease was most likely drafted by the landlord's lawyer and is designed to favor the landlord. If the landlord expresses concern about deviating from a "standard" lease, remind the landlord that the only thing constraining the landlord are promises made to other tenants which you are happy to respect.
This will save your company from paying overdraft fees, help catch improper spending and serious issues such as embezzlement before they get out of control, and keep transactions error-free.
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