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Thinking About Leasing Office Space? July 1998 — Thinking about leasing office space? According to last month's survey participants, long-range planning is key to finding space that will accommodate your business needs as they grow. Seventy-two percent of respondents said they reviewed their business plan to determine short and long-term needs before committing to a lease, and 70 percent negotiated or planned to negotiate a flexible lease that will allow them to expand or reduce the amount of space they need. When seeking potential office space, 35 percent of survey participants reported that a "high-traffic" location most influenced their decision. Twenty percent based their decision on appearance, room for expansion, or a short commute. Who helped them make their decisions? Forty-six percent said they enlisted the help of a business partner or co-worker, while only 17 percent hired a real estate agent or attorney. An additional 17 percent sought counsel from a family member. Do you travel often on business? Check next month's 199 to see how small business owners make the most of their travel time and budget. Click here to view the results of previous surveys.

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