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| Thinking
about Lease Renegotiation? |
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Real estate is taking a beating
and the market is saturated with
vacant retail space. This is good
news for new businesses shopping
for space or existing businesses
opening additional sites or
upgrading size or location.
This also presents an opportunity
to renegotiate your existing lease
if your business is struggling or
you are nearing the end of your
existing lease.
You may have nothing to lose by
asking your landlord for
concessions.
It is important to prepare before
approaching your landlord about
changes to your lease or renewal.
1) Review your existing lease to
make sure you both are complying
with the leases obligations.
2) Do your homework re: vacancy,
market rates, etc. 3) Propose
immediate rent reduction in return
for extended term or higher
rent later. 4) Be creative about
reducing costs - consider reducing
landlord's services even if it
moves the obligation to you. You
likely save some money here. 5)
Open books to the landlord. He
may be more flexible if he
understands your motivation.
6) Demonstrate comparable sites in
support of the concession
requested. 7) Consider offering
to divert rent savings to
marketing. 8) Be cautious of
hiring a 3rd party to negotiate
for you as this may alienate the
landlord if you previously had a
good working relationship.
It is a lot easier for your
landlord to renew your lease than
find a new tenant. Be open and
friendly in your negotiations and
remember, the ultimate solution
has to work for everyone involved.
Contributed by:
Ryan Cunningham
Javelin Solutions
|
 Free Cost
of Goods Sold Webinar |
Please
join us for a complimentary
cost of goods sold webinar on
Friday, July 17th at 8:30a mountain
time. To attend the webinar,
all you need is internet access and
phone.
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 eNewsletter |
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Relating
to Generation Next
First we had Baby Boomers and then
Generation Xers. "Generation
Next" is here and businesses
will be adapting in many ways to
capture the Nexters. You've
probably heard about using
"Social Media" for your
business. Don't scoff.
Twitter, Youtube, RSS feeds and messaging
is here to stay. If you
plan to hire a Nexter or to sell
stuff to a Nexter, you have to
get on board.
Twitter
Local businesses are
tweeting limited time offers,
today's specials or movements of
their mobile location.
National businesses are tweeting
contests, promotions and give-aways.
News in 140 characters or less makes
tomorrows paper old news. All this  valuable
traffic far exceeds the lame WAYN
(aka Where are you now?), celebrity
follows and personal chatter.
I have to admit that I love Twitter,
especially the lunch specials and
deals. So do Nexters.
YouTube
Want to expose a Nexter to your
product? Shoot a video and load it
on YouTube. YouTube is the
2nd most widely used search engine
after Google. Next time you
are looking on the internet for
something, give YouTube a try.
Nexters are already there.
 Want
to train a Nexter employee?
Video or similar simulation rather
than live hands-on training
might get more results with the
Nexter employee.
Texting
A recent survery
indicated half of Nexters say they
sent or received a text message in
the past day. Texting may be
shortlived with the increase of
phones with email capabilities,
but the lexicon and shorthands
will survive. In our
fast-paced worlds, using shorthand
could come in handy for informal
communications. Ditch
texting but keep the shortcuts.
iPhone
I thought I had a lots
of apps on my Palm. The
app development for iPhone is
staggering. You can find
an app for just about anything.
I recently evaluated an app
before buying watching video of
the app in use.
Screenshots are so yesterday.
All these technologies have a
few things in common.
Immediacy. Instant
gratification. Hip.
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Going Green
on Payday
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A
few simple changes in your payroll,
can save a tree, slow global
warming and further insure the
confidentiality of your payroll data. Clients
are going green with their payroll.
All it takes is thinking about
paperless options and reducing
the fossil fuels it takes to get paychecks
into employee's bank accounts.
Did
you know ... that
you can encourage your employees to
use direct deposit or the Visa payroll
debit cards. This saves trees
and has the added benefit of
eliminating lost checks.
...
that you could use on-site check
printing where the paychecks are
securely downloaded and printed at
your office. This saves fossil
fuels used to get the paychecks to
your desk and has the added benefit of
reducing the lag time between
submitting paydata and pay day.
...
that you could go online to view
your payroll reports. This
also saves more trees and has the
additional benefit of automatically
limiting access to confidential
reports to authorized persons.
If you receive paper payroll reports,
you'll need to store them in locking
cabinet to prevent unauthorized prying
eyes.
 ...
that you could grant your
employees online access to view their paystubs
and w-2s. This saves more
trees and has the additional benefit
of automatic storage for employees to
retrieve paystubs at their
convenience. Forget having to
reprint copies when paystubs or w-2s
are misplaced by employees.
Going green is just a phone call or
email away.
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Easy
Pay as an Alternative to Positive
Pay for Preventing Check Fraud
According to Ernst & Young
more than 500 million checks are
forged annually, with losses
totaling more than $10 billion.
Check fraud includes criminal
reproduction of checks just be
mimicing your routing & account
number. Positive Pay service is the
best way to detect check fraud and
forged checks where the bank accepts
only checks that matches an electronically
shared check register of all issued
checks. Any non-matching
checks are rejected.
Instead of investing in Positive
Pay, we recommend that you subscribe
to OnePoint's Easy Pay check writing
for both accounts payable checks and
payroll checks and thereby eliminate
your exposure to check fraud.
With OnePoint's Easy Pay system, all
checks are drawn on accounts where
Positive Pay is already in place.
There is no cost for accounts
payable checks and the cost is
nominal for payroll checks.
Your exposure to check fraud shifts
to OnePoint who is prepared to
detect and prevent check fraud.
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Sincerely,
Michelle Denton, Corporate
Contact
OnePoint BPO
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