6. Why the exit is the first thing you should negotiate in a management agreement
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6. Why the exit is the first thing you should negotiate in a management agreement
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概要
The most important part of a management agreement is the exit, and most building owners don't figure that out until they're stuck. In this episode of Flex in Five, Mike Kriel breaks down the four exit rights every landlord needs before signing a management agreement:
- Termination for cause
- Termination without cause
- Free will termination
- Sale of the building
If you want to learn more about how management agreements work and what to look for as a building owner, download our Commercial Landlord's Guide to Flexible Office Space. It's 50+ pages built for landlords exploring flex:
https://launchworkplaces.com/landlords/
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Connect with Mike
https://launchworkplaces.com/
https://www.linkedin.com/in/mike-kriel-a43994/
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About Flex in Five with Mike Kriel
How do you make money in the flexible workspace industry? Mike Kriel, CEO of Launch Workplaces, breaks down the opportunities, trends, and strategies that are working right now, in five minutes or less.
Honest and unfiltered, each episode tackles one focused topic, from what's working in coworking to emerging opportunities for commercial landlords, brokers, developers, and operators.
Drawing from real-world experience and conversations across the industry, Mike delivers actionable insights designed to help you grow your piece of the pie in this ever-evolving market.
🔔 Hit subscribe to make sure you don't miss an episode.
Want to learn more about how to add a profitable coworking operation to your building? Download our free eBook: https://launchworkplaces.com/landlords/