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One thing I teach my salon suite owners is to understand the agreement you’re using with your tenants. 💯 A lease and a license agreement are NOT the same thing. Depending on your state and how your business is structured, a properly drafted license agreement may give you more flexibility when dealing with non-payment or removing an occupant. Don’t just copy something off the internet. Have a local attorney make sure your agreement actually protects you. 🏢🔥
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One thing I teach my salon suite owners is to understand the agreement you’re using with your tenants. 💯 A lease and a license agreement are NOT the same thing. Depending on your state and how your business is structured, a properly drafted license agreement may give you more flexibility when dealing with non-payment or removing an occupant. Don’t just copy something off the internet. Have a local attorney make sure your agreement actually protects you. 🏢🔥
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