Small Business Resources, Business Advice and Forms from AllBusiness.com

How Can I Reduce the Rent on My Office Space?

* From  Date: Friday, February 9 2007

Office space is one of the largest expenses a growing company incurs. It's rare to have a fixed rent over a long-term lease. Sometimes, landlords insist on annual increases based on the percentage increases in the Consumer Price Index (CPI).

If your landlord insists on rent escalations:

  1. Try to arrange that a CPI rent increase does not kick in for at least two years.
  2. Then, try to get a cap on the amount of each year's increase.
Keep Your Overhead Costs Low
Host Hattie Bryant of Small Business School interviews Don Dzekciorius of E-Poxy, a construction company in Albany, New York.