Don’t Forget Contents in Conducting Due Diligence on Your Next Commercial Real Estate Purchase - You know how important it is to conduct due diligence when you invest in an existing property. Due diligence refers to the analysis the purchaser conducts prior to submitting an offer to purchase. Based on the results of this analysis you may decide to purchase … or not. Of course, the ...
Want to Be Profitable? 3 Metrics to Watch - You don’t have to possess a high degree of financial expertise to manage a small business. But there are three critical areas you need to monitor: Input Efficiency The first aspect of business operations to examine is input efficiency. This is commonly measured by knowing how much cost you incur for everything you sell. It goes beyond calculating o...
Some Last-minute Tax Reminders for Investors - With April approaching, many investors find themselves racing to meet tax deadlines. If you’re one of them, there are some important details to remember. Tax Deadline: While the Internal Revenue Service began accepting electronically filed tax returns on January 17, there’s plenty more to remember, as many people will be waiting for the April 1...
- How to Obtain Traditional Financing for Your Commercial Project - Obtaining financing for a commercial property through financial institutions can be challenging, but they may be able to offer better rates than nontraditional options. Here are three tips to help you Obtain Traditional Financing for Your Commercial Project Find a point person. A one-on-one relationship with a lender can pay o...
Net and Gross Leases: What’s the Difference? Commercial tenants can quickly get bogged down in the differences between net and gross leases. There are distinct economic differences between the two lease types and their variations. Understanding those differences can mean a substantial savings when negotiating lease terms. Gross Lease A gross lease is an agreement whereby the tenant pays a ...
- Here’s How to Sell Your Texas Commercial Property - As a commercial real estate investor, you've purchased a property, made improvements and now would like to sell. Selling land, a multi-unit building, or an industrial or retail complex is different from selling a home, and if you haven’t sold a Texas Commercial Property before – or if you’d just like a refresher – here are some ba...
Why You Might Need Ordinance and Law Coverage A little-known but very useful insurance coverage for small- to midsize-business owners is Ordinance and Law coverage. Basically, this is Property coverage available to building owners and landlords of either residential or commercial units. Ordinance and Law coverage fills the gap in your property coverage if you own a building that is 25 years o...
Marketing Return on Investment: 7 Key Metrics to Track By measuring and tracking key metrics, you can determine your marketing return on investment and link your efforts to bottom-line goals such as income and revenue. Following are some key marketing metrics that matter: Leads Generated: Keeping track of the number of leads generated and the source of those leads helps you allocate marketing re...
How to Keep Your Business Safe from Costly Lawsuits - For better or worse,America is a litigious society, which is why owners of SMEs should pay special attention to liability insurance. Protecting your company from lawsuits takes many forms, including reducing or minimizing the risk from the following categories: General Liability: General liability is the risk associated with normal busines...
- Smart Business Owners Focusing on New Tax Issues - New tax initiatives are grabbing the attention of business owners in 2013. Addressing tax areas that demand renewed focus is a leading trend among small businesses. Last year, the IRS concluded a three-year project on employment tax compliance, which revealed that companies are not correctly reporting employee use of business vehicles. Alert ...