173: Bad Lease Review with Craig Melby
The How of Business - How to start, run, grow and exit a small business.
Henry Lopez, Levante Business Group
4.7 • 522 Ratings
🗓️ 22 January 2018
⏱️ 52 minutes
🧾️ Download transcript
Summary
Review of a bad business commercial lease with Craig Melby. What did we miss with site selection? What should we have negotiated into the lease?
Show Notes page: https://www.thehowofbusiness.com/episode-173-craig-melby-2/
Before you sign a commercial lease for your small business, listen to this episode to learn what to avoid with leases.
Craig Melby was a small business owner and experienced commercial real estate investor and agent.
He specialized in helping other small business owners find and negotiate the best commercial space agreement possible. He was also the host of the LeaseSmart Commercial Real Estate Podcast and the author of "Site Rite: Practical ways to boost profits with the right site and best terms!" Craig was previously a guest on our show back on episode 43.
This episode is hosted by Henry Lopez. The How of Business podcast focuses on helping you start, run, grow and exit your small business. The How of Business is a top-rated podcast for small business owners and entrepreneurs. Find the best podcast, small business coaching, resources and trusted service partners for small business owners and entrepreneurs at our website https://TheHowOfBusiness.com
Transcript
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| 0:00.0 | Welcome to the How of Business with your host, Henry Lopez, the podcast that helps you start, run, and grow your small business. And now, here is your host. |
| 0:16.7 | Welcome to this episode of The How of Business. This is Henry Lopez. And my guest today is Craig Melby Craig. |
| 0:22.8 | Welcome back to the show. |
| 0:24.5 | Hey, I am really excited to be here. |
| 0:27.0 | I'm excited to have you back. |
| 0:28.3 | You're one of just one or two people who we've had on more than once. |
| 0:33.0 | So that should tell our listener something. |
| 0:35.8 | The first episode that you and I recorded, Craig, |
| 0:38.2 | was back in episode 43 of the How of Business, a great episode, lots of takeaways. You and I |
| 0:44.4 | have stayed in touch and have done business together since. But for our listeners who didn't |
| 0:49.8 | listen to that episode, let me give you a background on Craig. Craig is an entrepreneur, an author, |
| 0:55.4 | a podcaster, and a commercial real estate expert. He's been negotiating commercial real estate |
| 1:01.5 | leases and purchases since 1980. He founded Lease Smart after hearing from too many of his clients |
| 1:09.2 | who contacted him after they had negotiated their deal |
| 1:13.2 | terms and then asked him to look over the lease before signing it. |
| 1:17.4 | And of course, always he found that things could have been done much better, many times |
| 1:22.4 | important things. |
| 1:24.3 | So finally, after experiencing the same need again and again, he formed lease smart |
| 1:29.0 | to assist those small business people in need. Craig holds real estate licenses in Florida, |
| 1:36.4 | North Carolina, and South Carolina. And then he's got a network of people that he works with |
| 1:41.5 | all around the country. He's a certified commercial investment |
| 1:45.1 | member and a former member of the Society of Office and Industrial Realtors. And so again, |
... |
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