planning and lease

Due tomorrow at 10:00 AM

Please answer the questions cite your work if you use sources from the internet.

2-3 paragraphs for each question.

You have been hired to work with a client who wants to open a boutique that will sell interesting antique furnishings as well as designer clothing lines. While the rent seems to be in line with the sales and location, you have some concerns about the space. You believe that some improvements will be required in the building, and, in a few years, the growth of the town may warrant relocation because it has grown in a different direction than where your store currently is located.

How would you advise the client with respect to lease negotiations? Identify all the elements in the given scenario that need to be considered regarding the lease and identify ways to overcome these obstacles.

Your client, Michael, wants to open his own boutique and sell his designs. His collection is for upper-class young, contemporary women, 25 to 40 years old. He also wants to sell accessories imported from France and Italy. Michael has identified a

downtown retail location

where he would like to open his boutique.

Would you advise Michael to lease this retail location? Why or why not? Discuss the factors that Michael should consider before leasing the place. List the top five lease clauses that in your opinion are important for Michael. Justify your answer based on the information learned in the online lecture and the chapters assigned this week.