The Need to Settle End of Tenancy Issues Before Leaving

Published on: 07 December 2018 Last Updated on: 22 February 2020
Leaving

Small businesses usually rent a small office space given the number of employees who need to work in the same place. If you decided to rent a small office in a popular commercial establishment, you could sign a lease for about a year. Once the contract is over, you can decide to continue it or not.

After a year, if your business has already grown drastically, and you intend to hire more employees to join you, it does not make sense to stay in the same place. You need to find a bigger office where you can successfully conduct all your operations.

Before you leave the current office, you need to deal with the end of tenancy issues. You don’t want to have problems with the owner of the space and not get your deposit back.

Read the contract:

You need to go through the agreement again to determine what you need to do as your tenancy is about to end. You might have to inform the landlord a month or so in advance that you don’t intend to continue your lease. There might also be other stipulations you need to be familiar with before you decide to pursue the next steps.

Deal with repair issues:

A part of the contract is to keep the place in good condition. Some contracts might have clauses about damage due to wear and tear, which is perfectly fine. However, there might be other severe damage that you need to repair before you leave. Otherwise, the landlord could charge the amount to your deposit, and you won’t get it back in full.

Clean the office:

If you intend to leave soon, you need to start looking for a new place at least three months in advance. You will then have enough time to ask your employees to pack their stuff and move to the new office. If they will be busy packing their things, you can’t expect them to deal with general cleaning too. Besides, they are also doing their regular job while moving.

You need professional cleaners like the ones at www.twinkleclean.co to do the job. They will make sure that the place will look as good as new. When the landlord checks the site, it will feel like no one rented and used it. If you feel satisfied with the services provided by the cleaning company you choose, you can partner with them again when you move to your new office.

Pay any outstanding bills:

you won’t leave, you need to settle all your bills. You might still have packing them to pay. Tell your employees to do the same if they borrowed something from nearby establishments. You don’t want to start in a new office elsewhere with issues still unresolved in your old office. Once you finish doing all these things, you will be ready for a fresh start. Keep in mind everything that you do when you leave the old office since you might go through the same process again in the future when your new lease expires.

Read Also:

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Small Businesses

Tips for Small Businesses To Raise Funds for Their Projects

Are you planning to start your own business? If your answer is yes, then what is stopping you from going ahead with your plan? Well, most of the people who want to run their own business, fail to take even the first step towards it just because they do not have sufficient funds. Money remains the first and most important thing that you need to start your business. Though people say that if you have a strong idea, you can surely take your business to the next level, however that can’t happen without taking the first step. Whether you talk about hiring an office on rent or paying salaries to your employees, you need funds for all that. If you believe that you have a strong idea, but no money to implement it in the right way, then you can take the support of crowdfunding platforms to fulfill your monetary requirement. Crowdfunding platforms are extremely popular among startups and small business because they help them in raising funds for their projects in the form of small donations from unknown people. If you are in a dire need of some money for your project, then you can find a good crowdfunding website to achieve your goal. And here are some important tips on how to raise maximum money with the help of a crowdfunding platform. Your Idea Should Be Your USP If you want unknown people to support your project, then the idea behind it has to be strong which can easily convince people. If you think that you really have a great idea, then try to present it in front of the target audience in the best way possible. Choose An Ideal Platform There are several crowdfunding websites which help people in achieving their fundraising goal, and you have to find a good one for launching your project. When it comes to finding a perfect crowdfunding platform for your project you have to research and try to make a list of at least ten good crowdfunding website and then read effectively about them. Read all the information that is given on the websites so that you can figure out whether they are a good fit for your project or not. Make sure that you research effectively about all the ten websites so that you can get comprehensive information. Once you are done with your research then try to find out the best five among them. This will help in identifying the best of the best websites. As now you are left with only 5 crowdfunding websites, make sure that you read their reviews to clear your doubts further. Reviews are the most important ways of identifying the authenticity and reachability of websites in question. Set A Goal That Can Be Achieved Once you are done with picking a perfect crowdfunding website to raise funds for your project, your next step should be setting a realistic goal. When it comes to launching a fundraising campaign, you try to be practical about setting your goal. If you have launched a fundraising campaign earlier as well, then you must be aware of the fact that the money that is donated initially for your project actually comes from the people in your network. But if you have not done anything like this earlier, then make sure that you set a goal based on the potential of your own network, because that’s what helps in taking your fundraising goals to a next level. Create An Attractive Video For Your Campaign If you want more people to associate with your project then it’s better to create an effective video for it. Videos are very powerful as they easily catch the attention of the people. For example, if you want to send your message to the masses, you can do that easily with the help of a stunning video. You should also use powerful images for drawing the attention of the audience. Promote Your Campaign It’s very important for you to promote your campaign so that more people can donate to your cause. You can promote your campaign on Facebook, Twitter, and LinkedIn, etc., as everyone uses them nowadays. Meet As Many People As You Can Before you launch your fundraising campaign, make sure that you meet the people in your group personally so that you can talk to them about your project. In fact, you can ask the people in your group to promote your campaign. In addition to that, once you launch your campaign, make sure that you make a constant effort to thank the people who have donated for your project.

READ MOREDetails
Help Your Business

6 Tips to Help Your Business Stay Ahead of the Competition

With the ever-growing technological advancements, the business landscape has been changing rapidly. Without a competitive advantage, it’s difficult to make meaningful profits that can fuel your business. It is therefore important to concentrate on your competitors and come up with easy to offer better products and services to the customers. If you intend to outperform the competition, you must be willing to create a competitive advantage for your business. It’s one of the reasons why some ideas that seem average achieve outstanding success. Here, you’ll learn a few tips to give your business a boost and become better than the competition. Balance your strengths and weaknesses : Just because your competitors have developed a superior product that is offered at a lower market price doesn’t imply that you’ve lost the fight. The truth is that every company has a few weak points that you can exploit. Your main goal is to find the weaknesses and ensure that your brand is performing better.  For instance, you can focus on offering extended guarantees or a better customer service to your clients. During your marketing campaigns and presentations, you should make sure that all your target audience understands the unique selling points and how they can benefit them. Look for bigger clients : When you win a bigger client, you can be sure that you’ll have better revenues as a result of increased business. This implies that you’ll have enough resources to run your marketing campaigns as well as recruiting top talent. At times, it can be easier to deal with a big client since they have established systems. On the contrary, small clients tend to have more service problems and you need to dedicate more attention to them. Most importantly, working with a huge client will give you some leverage in terms of social proof when you intend to look for even bigger customers. Focus on the fundamentals : When your competitor introduces a brand new product in the market or develops an extravagant marketing strategy, it’s easy to panic. But when you take a closer look at the fundamental principles behind the offering, you’ll realize that most of the add-ons are just for showoff. Unless your competitors are focusing on creating a customer base built on their burn rates, they aren’t doing anything that should scare you. Therefore, the hype they may have generated doesn’t reflect the true picture on the ground. As such, the most important aspect is to consider what is adding value to the business as well as grow the bottom line. Plan less and conduct lots of tests : When you are running a small business, your main advantage is the mobility and flexibility. Instead of attempting to be perfect, focus on accomplishing more tasks that allow you to innovate. On the other hand, a bigger organization has a tendency to be sluggish when completing tasks. This can be attributed to the lengthy planning process that requires several authorizations. Basically, numerous plans and forecasts are not always useful. At the end of the day, you end up testing few ideas since you’ll have invested lots of time in pre-action tasks. Successful business people understand that competitive markets are not easy to predict especially when you want to introduce a new service or product. As such, your best option is to take action and test the idea in the market. When you invest in tests, you are bound to gain insight and improve your products. Most importantly, you’ll be able to focus on satisfying the market needs and compete more efficiently. Outside advice is critical : While it’s important to listen to the people working in your business, the truth is that they have dedicated most of their attention to executing the ideas. This means that it’s easy to be oblivious to market changes happening outside the organization. More often than not, prompt execution of planned tasks seems to be the most appropriate thing to do when you want to make progress. Nevertheless, getting some insight from an outsider can be quite instrumental in getting an idea of what the clients expect. This input can guide you in adjusting your services and products as well as gain a unique competitive advantage. Seek innovative ways to disrupt the market : When you stick to the status quo, it’s likely that you won’t be able to come up with new things. Instead, be on the lookout for different methods of doing things by testing various approaches. In the long run, this makes your business prepared to take advantage of new and lucrative opportunities. However, being innovative also means that you will need more funds to keep your business going. Unfortunately, cash flow problems are one of the issues plaguing the small business sector. But this doesn’t have to stop you. The truth is that you can take advantage of small business loans from justrightloans.com and keep your finances in order. With financial products like business lines of credit, you can have access to funds whenever the need arises. In the end, you will be more prepared to compete with your rivals. Conclusion : In business, even the smallest competitive advantage can have a huge impact on the outcome. Therefore, your main responsibility is to find ways of becoming better than your competition. At least, this is a sure way of ensuring you stay in business for a long time. Read Also : Why Your Business Needs Call Center Tracking Protecting Your Business From Retail Theft Cloud Hosting: Top Five Reasons To Take Your Business To The Cloud

READ MOREDetails
mobile soy software

What Does Business Law State about Monitoring Employees?

Occasionally, we come across many individuals that are conflicted about the role monitoring applications have to play in the day to day office routines and activities. The most common question asked deals with the boundaries and limits that are “bendable” with the installment of monitoring applications. And the answer is simple; monitoring applications and software programs are legal and frequently advised to be installed in any firm or company. Here is why. Legal but… Monitoring or spy applications are legal in any court of law across the world. However, there are some regulations that need to be upheld by the employers’ side before installing monitoring software around the company premises. These guidelines include: Informing Employees Beforehand When it comes to employee monitoring applications, every court of law strictly states that the employees should be clearly notified about being monitored. The best way to accomplish this is via policies and guidelines that should be always kept on display within office premises. These guidelines should clearly explain every element of the employee monitoring intervention put forth by the company. Moreover, even when the firm decides to take on new employees, they should adjust a clause in the contract which makes it mandatory for every person being hired to sign a nondisclosure stating that they are alright with being monitored on company-related matters. Only Limited to Company Owned Gadgets Monitoring software programs tend to give employers an unwarranted power over the employees. And to protect the employee's interests, legal guidelines regarding monitoring apps clearly state that the spying should be only limited to company-owned gadgets. This means that every information coming in and going out through the company-owned gadgets are company property. The guidelines placed around the office premises should also clearly pinpoint this clause so that it poses as a reminder at all times. Furthermore, it is also recommended that the employers get their employees to sign a nondisclosure agreement that clearly states that all information on the company owned gadgets is company property. This means it can be used by the company in court if need be as well. Using Reliable Technological Sources When another’s a source of income and image in the business world is on the line, it is always best to be careful and use reliable technological sources and software programs rather than the usual cheap ones. The expensive yet well-reputed ones can be easily programmed and altered according to the specific needs of the company, hence always used for easy access and usage. Balancing is key Putting so many restrictions and highlighting many stingy clauses regarding monitoring applications like TheOneSpy mobile spy software around the office can definitely scare an employee and hence hinder their overall productivity. This is primarily due to the lack of rapport that should be there between the employee and employer to help increase profits as employee motivation grows. Therefore, it is always recommended by experts to use a system that is similar to a token economy where the employees are given some leeway and flexibility in some areas while at the same time restricted in some too. For example, allowing them access to specific social media sites during a few designated hours of the day. Never Resort to Open Slander It is never healthy to insult or accuse an employee openly among their peers. And with monitoring applications installed, there will be many times that the system may show you red flags which in reality are nothing but some mishap with the coding of the monitoring application itself. Therefore, rather than losing your cool and openly slandering a perfectly loyal employee, it is always best to take them aside or discreetly conduct a further investigation either with their knowledge of it or without it. This is because an employee can otherwise sue you for slandering their image followed by wrongful termination which would prove bad for your company’s image. The law about monitoring applications is specifically made to protect both the employees as well as the employers in case of any mishap or misunderstanding between the two parties. While it may look like the employers have all the power with monitoring applications installed, but in reality, analysis has shown that monitoring applications have been found to be more useful to employees. For example, if an employee faces discrimination at the hands of another employee or employer, they can use the backup made by monitoring applications to highlight the wrongful act in court.  

READ MOREDetails