Research the local market based on the target audience, and enquire from commercial real estate agents about available properties to find a small shop to rent, states the Entrepreneur. Evaluating the rental property ensures an individual finds space that matches her needs and involving an attorney prior to signing a lease helps to iron out complex issues, according to the Houston Chronicle. Engage like-minded associates or friends who need small rental shops to share space in a large outlet.Continue Reading
Determining the target audience by researching an area where an individual intends to set up shop narrows the choices and lets her choose an ideal spot. Real estate brokers use their insights and knowledge of an area to find a shop that matches an individual’s needs and budget, confers the Houston Chronicle. In case the available storefront is too large, a broker can facilitate negotiations with a landlord for individual leases and space sharing with business associates, explains the Entrepreneur.
Evaluate the landlord prior to renting a property to gauge his interactions with other tenants and negotiate the terms of the lease for issues such as the length of the lease or a reduction in price. Have an attorney review the lease to ensure you understand all aspects of the contract, recommends the Houston Chronicle.Learn more about Real Estate