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Commercial Retail Tenancy Agreements In Australia - NSW Retail Lease Law
Many Australian state governments have expanded their concept of consumer protection to include small business consumers who are bargaining on a playing field that is far from level, against owners of big shopping centres. They seek to provide this protection by making sure that prospective tenants have sufficient information to make a sound business decision about entering into or renewing a Retail Shop Lease Agreement. Recent amendments to the Retail Leases Act of 1994 clearly offer further protection to tenants, the Government regarding them as the less powerful party in most retail leasing transactions. As a result, the Retail Leases Amendment Act 2005 requires greater responsibility and pro-active behavior from Landlord.
The Outdoor Billboard Business - Common Landlord Mistakes to Avoid
In the outdoor billboard business, there is a certain amount of trust that goes into a billboard ground lease. The landowner doesn't really know you that well, and the amount you are offering is not that huge. In addition, there is the unwritten assumption that you will not do anything to displease them. Since most billboard ground leases have some form of termination provision, and will definitely require negotiating a renewal in the future, you would think that most billboard owners would take a little more effort to protect their interests. Sadly, however, many don't.
Retail Tenancy Laws Australia, Queensland (QLD) Retail Lease, Shop Lease,
Many Australian state governments have expanded their concept of consumer protection to include small business consumers who were bargaining on a far from level playing field, where owners of large shopping centres had all the advantages and all the power . They seek to provide this protection by making sure that prospective tenants have sufficient information to make a sound business decision when entering into or renewing a lease. Recent amendments clearly offer further protection to tenants, the Government regarding them as the less powerful party in most retail leasing transactions. As a result, the amendments require greater responsibility and pro-active behaviour from the Landlord.

Ask These Questions Before Becoming A Franchisee
Recently I took a short business trip which required some air travel. My traveling companion on the way back, not getting my subtle hint of isolation that my Ipod Touch and headphones projected asked me about my trip and then my profession. What followed was a series of questions that started out in very familiar terms: "You know, I have always wondered about getting into business for myself but I'm not sure I'm qualified or that it's right for me. " What followed was most of the following questions that are commonplace and typical. So, in only a mild order of importance or, more to the point the way they seem to flow, are my twelve or so typical questions people have burning in their bosoms about franchise business ownership. Check them Out...
Building A New Home - 7 Reasons Why You Should Build A Home
Build a home is the advise that's on the lips of many adults. Young people think differently. They want to have fun. Here are 7 reasons why building a new home, your own home, makes good sense.
Entrepreneurs – Some Changes To Help You Survive The Recession.
Times are hard, business is slower and your profits are squeezed. You love your business and don’t want to go back to being a wage slave again – even if there was any work out there to be had! So how do you survive the recession?
First Impressions Funding
Information on First Impressions Funding
What to consider if you are opening a new retail store
This article gives you a good overview of what to consider when opening your first retail location for your small business.
Time To Sign A Lease Get Your First Born Ready
We’ve been discussing the steps required to open a brick and mortar store. We’ve talked about startup plans and finding a location. This week we look at what comes next in the process: the negotiation and signing of one of the most dreaded legal document any entrepreneur will ever face: the commercial lease (insert scary music here).
With a Lease The Devil Is In The Details
This week we'll discuss the most important aspect of the process: signing a commercial lease (insert dramatic music here). One of the biggest mistakes many entrepreneurs make when leasing commercial space is not reading the lease. Forget reading the fine print. When it comes to a lease its ALL fine print
Its Not All About Location Location Location
Last time we met I brought you the tale of how I scouted for and eventually found what I considered to be the best retail location for my new retail gunshop in my hometown of Madison.
Retail Tenancy Agreements in Australia
Australian Retail Tenancy Laws and Contract Kits Retail tenancy laws through out Australia have been developed to protect the interests of small business consumers and to assist in leveling the playing field for the parties involved.They seek to provide this protection by making sure that prospective tenants have sufficient information to make a sound business decision about entering into or renewing a Retail Shop Lease rental Agreement.
The difference between a "reason" and an "excuse"
There's a million and one reasons for failure in the restaurant, or any other, business. I've heard them all, I just don't believe them all. Find out how taking accountability for your role in preventing problems in your restaurant can create the accountability necessary to compete with the chains, or to create a successful franchise of your own, by reading this article.
Don't give your customers what you want
Here's something that successful franchise concepts know that you may not. You don't get rich in the restaurant game by giving people what you think is great. There's more important things than "your idea of great" to consider if you want to build a business people will stand in line to enter. Read more about them in this article.
Who Has the Upper Hand in a Lease Renewal?
Even if you have a great relationship with your current landlord, always keep in mind your landlord is in the business of maximizing profit on his property by obtaining the highest possible rents.

Why your bank account may not reflect the sales that you have made
If you are just starting out with your small business, it could be that you are not too comfortable with the ins and outs of financial management. You may have been misled into thinking that your bank account is a good way to measure the sales that your business has made in a certain period of time. In order to understand why your bank account is not an accurate reflection of your sales, there are a couple of things that need to be taken into account.

Renter From Hell: What Every Landlord Should Know
Owning a rental property can be a profitable investment. However, there are certain pitfalls which should be avoided when choosing a prospective tenant. Read this article to find out more.

Negotiating Leases
Are you a tenant or a landlord? Do you usually sign a Heads of Agreement or Letter of Offer for Lease that is intended to be subject to a formal lease being executed? If so, beware! You may be about to bind yourself to a valid lease the moment you sign the Heads of Agreement or Letter of Offer for Lease.
Recent Decisions: Retail Leases
There have been recent decisions in the New South Wales Administrative Decisions Tribunal (Tribunal) which are of significance. It is important that you take into consideration the following aspects to avoid disputes between landlords and tenants.

Your Business’s Reputation: An Invisible (yet essential) Asset
Not knowing the kind of reputation your business has can come back to bite you when you decide to sell. Most people interested in buying a small business (or even a large one) will do some investigating into the reputation of your business. Of course they won’t ask you – they’ll ask your employees, your vendors and suppliers, your customers, your competitors, and local community.

Other landlord Related Articles

Tips to successfully buy or sell your next business
Whether you’re buying or selling a business it is never a neither simple nor straightforward process. Not only are there disclosures and laws to follow, but both parties are working with known other parties such as a lender, landlord, franchisor, accountant, financial planner or attorney to name a few and so it’s unknown how each of these parties will respond. The Golden Rule is to put your feet in the shoes of the other party. It won’t solve everything but hopefully it will allow you to understand “their view of the world.”
Eight reasons a business does not sell
Selling a business contains many moving parts. It’s not just the buyer(s) but also the family and friends, employees, landlord, suppliers, lenders and many others that demand attention or require working with.

5 guaranteed ways not to sell your business
Selling a business is rarely a simple and straight forward process. One of the biggest mistakes I’ve found is that the seller doesn’t put themselves in the shoes of the other parties be it the buyer, lender, landlord, employees, franchisor or whoever. This article outlines 5 ways a business will NOT sell their business no matter how hard they try.
5 tips to use when selling your business
Selling a business is rarely a simple and straight forward process. One of the biggest mistakes I’ve found is that the seller doesn’t put themselves in the shoes of the other parties be it the buyer, lender, landlord, employees, franchisor or whoever. This article outlines 5 suggestions for a seller to use when approaching the way to sell their business.

The Power of Seller Finance to sell your business
Selling a business comes with many challenges. The number one reason most transactions don’t close after a buyer and seller have “negotiated” a deal is that the landlord cannot come to terms with the seller and/or buyer. The number two reason is that finance is not available.

Getting to 'Yes' When Negotiating a Lease Renewal
A client called me recently with a dilemma. She has operated a successful retail business in the same location for 16 years. She believes that the location is important for her business and has contributed to her success. However, her new landlord had presented her with a new lease. The lease required annual rent increases - increases which my client knew would immediately hinder the business' financial health, and at a time when she could least afford it. She didn't think her new landlord was open to what she needed to accomplish, so she called me.

What questions should I ask when buying a business?
There are many questions buyers typically ask when thinking of buying a business that include the level of sales, qualifications and motivations of the employees, questions about landlord and suppliers. While these questions are helpful and appropriate, this article offers some more questions that will help in the decision of buying a business.

How To Avoid Stress in Covenants & Conditions in Lease Agreements
When parties enter into a lease agreement there are generally numerous promises flowing from both the landlord and the tenant. For example, the lesser may promise to deliver possession on a certain date while the lessee may promise to pay $150 dollars as a cleaning deposit before the end of the first month of occupancy. There is one simple way to avoid possible conflict later on is discussed by this author.
Who Has the Upper Hand in a Lease Renewal?
Even if you have a great relationship with your current landlord, always keep in mind your landlord is in the business of maximizing profit on his property by obtaining the highest possible rents.

Leasing Office Space – Funding Tenant Improvements
The landlord is usually willing to fund tenant improvement expenditures provided he is confident the tenant has the financial capacity to pay rent for the term of the lease. For large companies with strong balance sheets, landlords will generally spend as much as is requested on tenant improvements.
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