What is a Commercial Lease?

Commercial Lease Negotiation

If you choose to rent office space for your medical practice, the terms of your rental agreement will be outlined in a commercial lease. Much like a residential lease, a commercial lease is an agreement between a tenant and a landlord. The main difference is that with a commercial lease, you have permission to conduct […]

The Pros And Cons Of Leasing Vs. Buying

Popular wisdom would have you believe it’s better to own than rent. But does that rule still apply when deciding whether to lease or buy your medical office space? The pros and cons of leasing vs. buying are similar for medical entrepreneurs as they are for the general population, with a few important distinctions: Just […]

What Is A Commercial Condo?

A commercial condo allows medical professionals to buy a fixed amount of office space in an industrial or sometimes residential condominium building. Commercial condos offer the benefits of ownership for smaller practices that aren’t yet ready to obtain an entire commercial building or to rent larger office space. While the commercial condo owner is somewhat […]

Leasing Medical Equipment Vs Buying

Should your medical practice buy or lease the medical equipment you need to serve your patients and stay ahead of the competition? Both leasing and buying offer benefits and drawbacks to a new or growing practice. Buying your own medical equipment is the more affordable choice over the long-term in the same way that buying […]