In our last issue of Independent Joe, we discussed some of the critical lease provisions contained in a franchisee’s lease which, if not identified and properly negotiated, could have a material impact on the viability of a business. The provisions addressed in that issue – exclusive use protection, landlord’s consent to assignment and continuing liability…
After enduring weeks of holiday messages and late-night comedians’ jokes about New Year’s resolutions, now is the time people decide just what they will accomplish in 2016. Jokes about losing weight, getting in shape or giving up bad habits can yield some laughs, but they often don’t result in action. Still, it’s important to look…
Negotiating a retail lease is one of the most critical stages in the life of a quick service restaurant. Each lease presents is own distinct issues and challenges; failing to have significant attention to detail can inadvertently result in an unsuccessful business or impede your growth; one oversight can destroy your succession plan or exit…
From time to time DDIFO is pleased to present Guest Commentary from valued contributors. Guest commentaries feature the views and opinions of the contributor and are not necessarily the opinions of DDIFO and it’s Board of Directors. The following is an article written and submitted by Paul Kinney, Paul is the Executive Director of the National Retail Tenants Association, responsible for the day-to-day management of the association and Co-Chair of the Curriculum Committee. He is co-founder of the NRTA and has served as President.
David Farkas of Chain Leader reports the recession has turned the tables on landlords, who are now offering restaurant chains attractive rents and more.
The National Retail Tenants Association (NRTA) presentation at the DDIFO Members Meeting in Chicagoland on December 3rd, 2009 will include how to identify opportunities that occur after a lease is executed, recognizing potential needs that can be leveraged to obtain concessions that can benefit both the Landlord and Tenant. NRTA will also discuss how to evaluate the relative position of Landlords and Tenants when considering post commencement lease restructuring.
Small Regular - No Sugar Newsletter is weekly email with news and updates - it is like a virtual cup of coffee with DDIFO Executive Director Ed Shanahan