It's true - having or not having date reminder software could seriously impact your business. There are all kinds of dates to remember, from domain name and lease renewals to option periods, and they're easy to forget.
With everything that goes on in the average day, it can be pretty easy to accidentally miss some of those dates, and missing them could spell disaster. Let's have a look at some things that really happened to companies that missed important calendar dates of their own.
A national retailer with a number of sites had a long term lease on a store of around a hundred sixty square meters in a suburban shopping complex that had recently been sold and improved. This tenant had leased their shop for nearly five years, and had a five year option period on their lease.
Option periods are common in retailer lease situations, and this one allowed the tenant to choose to extend their lease for an addition five years. However, this could only happen during a particular window of opportunity, three months before the end of the lease to one month before the end of the lease.
This retailer had the ability to keep a lease in a popular shopping area with many improvements and no increase in rent. However, they missed their option and had to pay a much higher rate for the same space.
In another case, an airline that worked internationally missed their option period and lost more than six hundred and fifty square meters of office space with favorable lease terms, costing them an enormous amount to move their offices.
Their ten year lease had a five year option, and was negotiated in a market where tenants had a much more favorable chance. The rent was never to be subject to open market review, and low rates with minimal increases were locked in. However, failing to exercise their option caused the airline to have to move in under three months, in a less favorable market and at a huge cost.
Of course, those are just two examples of the problems you could deal with, even if you're a well established business. Missing an important deadline could spell disaster, and all kinds of dates have to be remembered, even if they're far in the future.
This is why date reminder software could be an incredible help. It's an inexpensive program that's easy to use. Just put your dates in to be reminded when you need to act.
That could save your business's office space, the domain for your website, and many other important features of your business. You'll save money and can rest easy knowing that you don't have to worry about it. Just get a high quality date reminder software package and move on to other things.
If you own a business, you need to make sure you don't miss important dates. No matter how large or small you are, you can't afford it. Pick software that'll help you make sure you don't miss a thing. - 26221
With everything that goes on in the average day, it can be pretty easy to accidentally miss some of those dates, and missing them could spell disaster. Let's have a look at some things that really happened to companies that missed important calendar dates of their own.
A national retailer with a number of sites had a long term lease on a store of around a hundred sixty square meters in a suburban shopping complex that had recently been sold and improved. This tenant had leased their shop for nearly five years, and had a five year option period on their lease.
Option periods are common in retailer lease situations, and this one allowed the tenant to choose to extend their lease for an addition five years. However, this could only happen during a particular window of opportunity, three months before the end of the lease to one month before the end of the lease.
This retailer had the ability to keep a lease in a popular shopping area with many improvements and no increase in rent. However, they missed their option and had to pay a much higher rate for the same space.
In another case, an airline that worked internationally missed their option period and lost more than six hundred and fifty square meters of office space with favorable lease terms, costing them an enormous amount to move their offices.
Their ten year lease had a five year option, and was negotiated in a market where tenants had a much more favorable chance. The rent was never to be subject to open market review, and low rates with minimal increases were locked in. However, failing to exercise their option caused the airline to have to move in under three months, in a less favorable market and at a huge cost.
Of course, those are just two examples of the problems you could deal with, even if you're a well established business. Missing an important deadline could spell disaster, and all kinds of dates have to be remembered, even if they're far in the future.
This is why date reminder software could be an incredible help. It's an inexpensive program that's easy to use. Just put your dates in to be reminded when you need to act.
That could save your business's office space, the domain for your website, and many other important features of your business. You'll save money and can rest easy knowing that you don't have to worry about it. Just get a high quality date reminder software package and move on to other things.
If you own a business, you need to make sure you don't miss important dates. No matter how large or small you are, you can't afford it. Pick software that'll help you make sure you don't miss a thing. - 26221
About the Author:
Tis Time offers date manager and reminder software to keep you aware of looming dates ahead.
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