How to Find The Best Commercial Space For Your Business

By Lahle Wolfe

Job Vacancy Indonesia, Employee, Vacancy

Things to Know Before You Start Looking For Commercial Space for Your Business

There are many types of commercial spaces that you can rent and many things to consider before signing a lease. The type of space you rent can affect the type of lease, the price per square foot, and the wrong location can hurt your business, while the right type of space and location can help your business to grow.

• What Types of Commercial Properties Can Businesses Lease? Should you rent space in a business park, industrial park, or retail location? Different types of commercial real estate properties all have pros and cons. Learn how to determine what type of space is makes the most sense for your business.
• Commercial Industrial Spaces - Things to Consider When Leasing: Commercial industrial space can also be used in place of traditional commercial office space, usually at substantially cheaper prices. There are pros and cons, advantages and disadvantages to leasing commercial industrial space.
• Pros and Cons of Subleasing Commercial Spaces: Commercial subleases offer pros and cons to business owners. Before you sign a sublease, be sure to weigh the advantages and disadvantages of subleasing commercial space.
• How to Find Available Commercial Spaces for Lease

Do Some Homework Before You Look at Space

Before looking at business space make a checklist that details and ranks your needs and priorities before you see any space. It is easy to get excited about how a space looks and overlook drawbacks. An experienced landlord or realtor will pick up on your enthusiasm for a particular space and may hard-sell you to make a quick decision, or be less flexible in negotiating lease terms.

Having a checklist of questions to ask about the lease is also important because commercial leases can be very complicated. A checklist of leasing questions will help you remember what to ask so that you will have enough information about the terms to research more about the type of lease being offered to you.

• Checklist for Leasing Commercial Office, Retail, and Industrial Properties: When it comes to selecting a location for your business you need to think things through. Make a checklist before looking at commercial spaces of all the things that your business needs to succeed and take it with you. If you have not already written a technical feasibility study, consider doing so. A technical feasibility study can help you think about, plan, and address all the needs of your business that need to be considered when leasing commercial business space.
• Glossary of Leasing Terms and Definitions: Before you start tackling commercial leases, take time to become familiar with basic leasing terminology. For example, it is important to know the difference between “usable square footage” and “rentable square footage.” In most commercial leases, you pay for more square footage than you actually occupy.
• How to Write a Technical Feasibility Study: Writing a technical feasibility study can help you thoroughly consider and plan for all you present and future business needs when it comes to the space you need.

Types of Commercial Leases and Common Leasing Terms

• Types of Commercial Leases: Compare the types of commercial leases commonly used in commercial real estate in an easy-to-read chart.
• The two most common ways to lease office and other commercial spaces include:
  • Lease: In a standard tenant-landlord lease you are the main business (or individual) named on a lease with the landlord.
  • Sublease: A sublease is when an individual or other business already has a lease with a landlord, but subleases (rents out) a portion of the space their space to you. Sublessors cannot transfer rights to sublessees that are not in the original lease or if the original lease prohibits subleases.

What Types of Commercial Properties Can Businesses Lease?

By Lahle Wolfe

Job Vacancy Indonesia, Employee, Vacancy

What is Commercial Property (or Commercial Real Estate)?

Commercial real estate is land, property, or facilities that are either zoned for, or used exclusively for, business purposes. In most cases, people cannot live in a building zoned for commercial business purposes.

Types of Commercial Properties Most Business Owners Lease

Commercial property does not just refer to stand-alone office buildings, but also includes commercial parks, business parks, and retail malls and outlets.
In addition to traditional low-rise and high-rise commercial office buildings, businesses (and individuals) lease in:

• Business Parks: A business park is a group of buildings designed for general and light-industrial use business purposes. Business park rents are often cheaper than retail properties and comparable to industrial park rents. Many doctors and other service professionals lease space in business parks.
• Industrial Parks: This type of commercial property consists of buildings divided into units or spaces that are often warehouses or other large, unfinished spaces. Industrial parks are usually zoned for heavy-industrial purposes but are often also used for other types of businesses.
  Industrial park spaces can be used for manufacturing and other heavy industrial purposes, as warehouses, can be converted into more traditional office spaces, or serve a combination of business uses.
  
  Industrial spaces that have store-front window exposure, are now also used by many small retail businesses just getting started. Some industrial parks have become so attractive that on the surface they are hard to distinguish from business parks except they typically have large, garage-style doors for access.
  A determined business owner can usually find industrial spaces that have been renovated or built-out by previous tenants into office or retail space. These semi-upscale spaces still often cost far less to lease than other types of commercial properties.
• Commercial Retail Property: This type of property includes malls, strip malls, and other facilities suitable for store-front types of businesses. In addition to facilities designed either specifically or exclusively for retail businesses, many retail business owners also lease units in industrial parks and business parks.

As long as local and other zoning ordinances permit business use, any public or private facility can be used for most general types of businesses. Because home-based businesses are operated in properties zoned for residential use and not commercial use, they are often subject to many restrictions on the type of business that can be operated, as well as subject to severe limitations and restrictions on conducting face-to-face business from a home-based office.

What Type of Commercial Property is Right for Your Business?

Two main considerations to focus on when deciding on the right type of space to lease for your business are the location and the type of lease being offered.
A mall might offer a great location for a retail business but you will likely have to share a portion of your profits with your landlord in addition to paying a base rent. Leasing industrial or business park space is an alternative worth considering for retail businesses because the rents are cheaper and it is unlikely you will have to share your profits.

Job Interviews- Common Interview Questions and Answers

By Karen Schweitzer

Job Vacancy Indonesia, Employee, Vacancy

While it is impossible to guess exactly what you will be asked during an interview, you can prepare yourself by developing answers to the most common job interview questions. This kind of preparation will not only help you remain calm during the interview, it will help you control the results.

Common Job Interview Questions

Regardless of your field, there are five things that almost every interviewer asks:

1. Can you tell me about yourself?
   This is the most hated and most common question in interview history. Typically asked at the beginning of the job interview, this question gives the interviewer an opportunity to gain knowledge about you and your capabilities.
   
   When you answer, offer a summary of your personality, skills, experience, and work history. Do not mention your knitting hobby or your pet iguana. Try to stick with facts that will demonstrate why you are the person for the job.
   
   
2. Why do you want to work here?
   Even if it is true, do not answer with: Because I really need a job and you were hiring. If you did any research prior to the interview, you can answer this question. Utilize what you know about the company. Tell the interviewer why you admire the company, their practices, or their product.
   
   If all else fails, make a connection between the job description and your abilities. Tell the interviewer why you are compatible with their company.
   
   
3. Why should we hire you?
   This is one of the most important questions that you will be asked, and you need to make sure that you have a very good answer. Try to be as specific as possible. Explain in detail: why you would make a good employee, why you are the right fit for the job, and what sets you apart from other applicants. Point out your achievements, accomplishments, and applicable experience.
   
   
4. Why did you leave your last job?
   This is actually more of a test than a question. The interviewer wants to see what pushes your buttons. Your answer should be as honest as possible, but whatever you do, try not to sound bitter, angry, or violent. And most importantly, do not badmouth your former company, boss, or co-workers.
   
   
5. Where do you see yourself in five years?
   Why do interviewers continue to ask this question? Because- it shows them how motivated you are and it offers insight into your professional intentions. Instead of telling the interviewer that you would like to be sailing in the Bahamas, try offering information about your professional goals as the relate to your job or industry.

Finding a Job for ESL Learners : Interview Basics

By Kenneth Beare

Job Vacancy Indonesia, Employee, Vacancy

The Interview

Congratulations! Your cover letter and resume have made a good impression and the employer has called you in for an interview. Now it's time to make sure that you also have the right type of English for that job interview.

There are some very important game rules to consider when taking a job interview. The job interview in English requires a very specific kind of vocabulary. It also requires good tense usage as you need to make a clear distinction between past and present responsibilities. Here is a quick overview of the appropriate tenses to use:

Tense

Present Simple

I collect data from all of our branches and analyze the information on a weekly basis.

Explanation

Use the present simple to describe your daily responsibilities. This is the most common tense to use when speaking about your current position.

Tense

Past Simple

Example Sentence

I developed an in-house database for the personnel department.

Explanation

Use the past simple to describe your daily responsibilities in a former position. This is the most common tense to use when speaking about past jobs.

Tense

Present Continuous

Example Sentence

Currently, we are expanding our sales division to include South America.

Explanation

Use the past continuous to speak about current projects that are happening at that moment in time. These projects are limited in time and should not be confused with daily responsibilities.

Example: Currently, I am designing a new layout for our local branch. I am usually responsible for staff organization, but they asked me to help out with design this time.

Tense

Present Perfect

Example Sentence

I've researched over 300 cases until now.

Explanation

Use the present perfect to generally describe projects or accomplishments that you have made up to the present moment in time. Remember not to include specific past time references which should be used with the past simple.

Example: I've developed a number of databases using Microsoft Access. Just last week I finished a database for our warehouse.

Tense

Future Simple

Example Sentence

I will be the manager of a medium sized retail outlet.

Explanation

Use the future simple to discuss your plans for the future. This tense is only used when the interviewer asks you what you plan to do in the future.

There are a number of other tenses that you can use to speak about experience that you have had. However, if you do not feel comfortable using more advanced tenses, these tenses should serve you well in the interview.

What is Most Important?: General Guidelines

Work Experience

Work experience is by far the most important part of any job interview in an English speaking country. It is true that education is also important, however, most employers are more impressed by extensive work experience than by university degrees. Employers want to know exactly what you did and how well you accomplished your tasks. This is the part of the interview during which you can make the best impression. It's important to give full, detailed answers. Be confident, and emphasize your accomplishments in past positions.

Qualifications

Qualifications include any education from high school through university, as well as any special training you may have had (such as computer courses). Make sure to mention your English studies. This is very important as English is not your first language and the employer may be concerned about this fact. Assure the employer that you are continuing to improve your English skills by any courses you may be taking, or by saying that you study a certain number of hours a week to improve your skills.

Talking about Responsibilities

Most importantly, you will need to demonstrate your qualifications and skills which are directly applicable to the job you are applying for. If past job skills were not exactly the same as what you will need on the new job, make sure to detail how they are similar to job skills you will need for the new position.