Resources

Deferred Rent: What It Is and How It Affects Lease Accounting

Deferred rent is the outcome of making a lease payment that is less than its recognized expense on your financial statements. It typically results from free or reduced-rate rent periods, often...

Leasehold Improvements: What They Are and How They Work

Leasehold improvements are modifications to the interior of a leased building to make it more useful or desirable to the tenant. They are sometimes also referred to as build outs or tenant...

How to Calculate Percentage Rent in Commercial Leases

Percentage rent is a rent in which a commercial tenant pays rent based on a percentage of their gross sales, either in addition to or instead of a minimum base rent. It’s a standard lease payment...

Embedded Leases: What They Are and How to Identify Them

Embedded leases are an important component for accounting compliance. For some organizations, this is the greatest source of failure to comply with the new lease accounting standard leading to...

Checklist: 7 Reservations You Should Be Making in Your Office Hoteling Software

Years ago, businesses with large office buildings could get by with a simple reservation system that allowed employees to book meeting rooms. Some workers needed to interact with it less than once...

How to Simplify Lease Abstracts at Scale

A lease abstract is a concise summary and analysis of a lease agreement, providing the key provisions from lease documents in an easy-to-understand format. Lease documents tend to be extremely...

Scenario Planning the Workplace of the Future

Consumer Shopping Habits Continue to Change

Equipment Lease Management Software: Account for Every Asset

Equipment lease management software, sometimes referred to as asset leasing software, is a digital solution organizations use to identify, organize, track, and administer leased assets. Whether...

As hybrid work shrinks offices, motion sensor use might grow

Lease Incentives: How to Negotiate and Account for Them

Lease incentives are benefits added to encourage tenants to enter into lease agreements. Landlords may advertise lease incentives along with the property in order to attract potential tenants, or...

Franchise Marketing: What Every Franchisee and Franchisor Should Know

Franchise marketing describes the strategies franchisees and franchisors use to promote their brand, attract customers, increase revenue, and expand the franchise. It encompasses two distinct...

Sister Store Cannibalization: The Hidden Variable in Your Site Models

Sister store cannibalization is when different stores owned by the same parent company serve overlapping territories and earn sales that would’ve gone to the other location. Say you have a...

13 Office Space Utilization Metrics You Should be Tracking

Real estate is one of your top operating expenses. So why waste it? If you aren’t measuring and reacting to your space utilization, you’re probably paying for space you don’t need and inhibiting...

Proptech at Mid-Year: VCs and Principals Weigh In