Today we tackle a hot topic: How to navigate a brewery lease renewal.
There's lots of moving parts and lots of things to consider. In the podcast we break down the most important items so you can negotiate a successful lease renewal.
Key Points
- Use the XYZ negotiating strategy to get what you want ("those who ask for more, get more")
- Think of the lease agreement as a 'disagreement'. Once it's signed you won't look at it again unless there's a problem. Make sure you've addressed foreseeable disagreements.
- Understand a few key terms and conditions of the lease - NNN costs, renewal options, termination and exit clauses
- NNN costs can be huge - we cover simple tactics to keep these costs under control
For more taproom tips, tactics and best practices, join the conversation at TaproomSuccess.com!