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Test The sublease
Agenda
QUESTION 1: WHAT ALTERNATIVES FOR RUNNING YOUR BUSINESS WERE DISCUSSED IN THIS TOPIC?
Work from home and rent a virtual office
Sublease to another business or share space with another business as leasing partners and explore business incubators
Renting a commercial space and working from home
Lease a commercial site and sublease to another company
QUESTION 2: WHAT CHARACTERISTICS ARE ESSENTIAL TO CONSIDER WHEN LOOKING FOR A PLACE TO SUBLEASE?
The image of professionalism
Privacy for actions to be performed
The means necessary to do the job
Written legal agreement with the co-tenant
QUESTION 3: WHAT IS AN ADVANTAGE OF SUBLEASING?
Facilitates brand recognition
Allows businesses to have a larger space
Provides a cost-effective solution for businesses that are just starting out
Provides an inflexible and rigid environment
QUESTION 4: WHAT IS THE MAIN ADVANTAGE OF A BUSINESS INCUBATION PROGRAM COMPARED TO A VIRTUAL OFFICE?
Business incubation programs are administered by non-profit organizations
Business incubation programs are managed by for-profit companies
Business incubation programs offer only space and answering machine services
Business incubation programs do not offer seminars and classes on business development topics
QUESTION 5: WHAT LEASE OPTION WOULD BE BEST FOR A START-UP ACUPUNCTURE AND MASSAGE BUSINESS?
Subletting a room in a law office for use a few times a week
Buying a permanent premises
Renting an office for midweek use only
Subletting a premises for weekend use only
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