Why GIS Mapping Is Key to Site Selection
The right location can make or break your business. You could offer the best products or services around, but if your store can’t capitalize on demand (or there’s not enough of it in the trade...
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Tango
The Next-Generation Real Estate & Facilities Platform
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9 Keys to Effective Move Management
Every workplace goes through changes that affect where and how employees work. Usually, these changes are small, like when a new employee joins the team, or someone gets let go. But sometimes,...
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What Is Lease Transactions? Tango’s Solution for Managing Existing Leases
For years, Tango has provided enterprises with best-in-class solutions for predictive analytics, space management, lease accounting and administration, and other business processes. We’re pleased...
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10 Predictions for Site Selection in 2023
The broad principles of site selection tend to remain static. You’ll always want to prioritize locations with the greatest access to demand from the highest concentrations of your target...
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How Stack Planning Helps You Manage Your Office Space
Stack planning is a data visualization process business leaders use to optimize office space around goals relating to growth, downsizing, or synergy between departments. It provides a big-picture...
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How White Space Analysis Helps Retailers Find New Locations
Sometimes growth opportunities are obvious. Perhaps your customers regularly ask whether you provide a service or carry a product you don’t have yet. Or maybe there’s a real estate opportunity...
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Retail Void Analysis: Find the Gaps Everyone Else Is Missing
As retailers seek out growth opportunities, void analysis often plays a key role in identifying prime trade areas. You don’t want to make a multi-million dollar investment in a new location only...
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7 Keys to Restaurant Market Analysis
As your restaurant business expands, market analysis is critical to ensuring you select the best possible sites for your new locations and optimize your real estate portfolio. While it might be...
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How to Conduct Tourism Analysis
Some trade areas have relatively consistent patterns of commerce activity year-round. Others fluctuate with annual events and seasonal demand. In popular tourist destinations, a trade area’s...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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