The first step is to type Las Vegas Executive Suites into your search engine and review a few of the executive suite centers and what they include with their leases. 3 to 4 choices is standard to start with. Once you have narrowed down your choices, go take a look at the suites to determine if the location is good for you and how they operate. Most centers will offer a 3 month minimum lease term and if you sign a longer lease, like 6 months or one year, some offer a rental discount or even free rent. They can have you set up right away and you can get your business going. If you decide that everything is going great and you need to expand, you can get another suite or look into the traditional space option. Keep in mind that executive suites save you all of that overhead cost because they provide the receptionist, phone system, internet, conference rooms, and much more!
Take a virtual tour of our Las Vegas Executive suites at www.viewpointecenter.com
Our Office Center now offers an Electric Vehicle Charging Station!
Chris – Leasing Manager
If I’m having problems, and don’t want to move my Las Vegas Executive Suite office – how would I handle this?
Contact either the Leasing Manager or Facilities Manager and address the situation quickly. If you let it linger, you will become miserable and your request may come off as disrespectful and “argumentative” instead of businesslike. The center is there to assist you with your business needs and executive suite centers have on-site staff who are there to attend to those needs. So don’t be afraid to ask for help! If it’s an after hours emergency, centers will display an emergency number on the front door, so use this number for assistance. If this gets you nowhere, you can write a letter demanding that any issues be addressed immediately so that you have proof in writing that you asked for help. Hopefully this last step will not be necessary as the center should have assisted you already!
Chris Johnson, Manager
How do I protect my business interests without moving from location to location when leasing a Las Vegas Executive Suite?
You see an ad for a luxury executive suite that maybe says “$650 per month for a 3 month lease and no security deposit — move in today!”. Sounds Great! You go visit the center and it looks great and everything seems to be in line and before you know it, you have signed a 3 month lease and everything is going well, then all of a sudden you get a notice that your rent will increase to $900 per month after the initial lease term (sometimes it is even “hidden” in the lease).
You want to make sure of some things before signing any lease. First, ask them if the rent will increase after the initial term, and if it does by how much. Most centers do an annual increase of say $35 to $50 per month or so, but some centers do an increase after the initial term of 3 month or 6 months. Sometimes it can be hundreds of dollars! You can ask them to put a rental “cap” on your lease agreement (most centers will do this), but if they do not, then you have to ask yourself if it’s worth doing business there. If you feel comfortable enough, do a longer term lease like 6 months or 1 year and you will be locked into that great rate for a longer period. You can always negotiate a renewal, make sure to do so before you sign anything!
Corporate or Nationally owned executive suites will think nothing of selling their center and the new Landlord will want to make money so they will increase the rents. Although this is not a smart business move on their part and they stand to lose tenants, they will expect a certain return for their investment. It actually might be a good idea to look into doing business with a privately owned center. Ask pertinent questions about the lease, rents and terms and you will not be disappointed.
Whether it is for an executive suite space or just a virtual office lease, ViewPointe Executive Suites can help. Visit us a www.viewpointecenter.com and take a virtual tour. ViewPointe Executive Suites now offers an Electric Vehicle Charging Station on the premises. Contact 702-990-8800 for more information.
Chris – Leasing Manager
The pros outweigh the cons in the leasing of an executive suite.
1. No long term lease to sign.
2. Everything is included (phone system, internet service, receptionist, signage, utilities, etc.).
3. You have 24/7 access.
4. Conference rooms and/or day offices are available on an as needed basis if you want to meet with clients.
5. Business center with business machines.
The only real “cons” are when your business grows and you have to expand. Getting more than say 3 executive suites is not going to be very cost effective for you unless you are sure that you do not want to sign a long term lease agreement or have all the overhead costs and you cannot change the executive suite to suit your tastes (i.e. paint, wallpaper, adjoining doors or permanent decor).
ViewPointe Executive Suites has both types of space (executive/traditional) that you can grow into when your business takes off. Contact us with any questions.
Chris Johnson- Leasing
I can’ t stress enough that you must do your homework then decide what type of budget your business is going to have. The location and “class” of the building will decide how much you will pay, anywhere from $395 to $2,000 per month. If you want a receptionist to answer your phone, a furnished office with a balcony and/or view, free internet, etc., you will be paying a higher rate. If you just need a small office don’t need any services or high-end location, then you will pay a whole lot less. Make sure you have a list of your needs, what location you want to be in and what amenities you must have for your business. When you start looking around, write everything down as you go to avoid any confusion – you might be surprised to find out that you can sometimes have luxury, Class “A” space for the same price as a less desirable office and everything is still included! Remember to ask a lot of questions and look at the surrounding area before you sign any agreement.
If an executive suite center does not have a website or they avoid directly answering your questions but have a deal that seems “too good to be true”, then it is probably not the right choice for you. An executive suite center will have a good website to look at and their status will usually be in the top 15 of any search engine list. They will be forthcoming and want your business and should always answer any questions with courtesy and honesty.
Chris – Leasing
Why does an executive suite center need to run my credit if I’m only going to lease an “address plan”?
Centers run their services just like any other rental business (apartments, storage facilities, etc.) and require you to fill out an application with all of your information on it with a copy of your driver’s license or passport and social security number or tax id number. They want to make sure you are who you say you are – they are entrusting you with access to their multi-million dollar facility and don’t want to rent to a company/person that is not forthcoming or seems to be a “fly by night” business.
Make sure that you also do your own homework to find out if the executive suite service you plan to do business with is reputable in Las Vegas. You can do this by contacting either Clark County Business License or City of Henderson Business License departments.
Chris, Leasing Manager
Unless the center doesn’t have the space you need, most centers will allow you to “move” into the larger suite with the same lease terms. Others will have you sign a whole new lease agreement. Make sure to ask all the pertinent questions when inquiring about changing. If you need to go the other way and downsize, make sure you have fulfilled your entire lease term otherwise you could be subject to forfeiting your security deposit and repaying any discounted rents given. Most centers require a written notice if you wish to terminate your lease all together.
Chris – Leasing Manager
Each Executive Suite Center in Las Vegas is different with their own options. Ask the center how customers will be able to find your business. Where are they located in the center and will this affect your business? Do you rely on some walk-in traffic? What kind of signage is provided so that customers will be able to find you in the center?
ViewPointe Executive Suites happens to have an electronic outdoor reader board sign that advertises your company’s name 24/7 and is located on a major arterial in Las Vegas (Eastern Avenue). There is signage provided outside each suite with company name. There is also a touchscreen directory located in the lobby.
Make sure you do your homework first, being thorough because it might mean a world of difference for you and the success of your business.
Chris – Leasing Manager
Each executive suite center will handle this situation differently. Say your lease is for 6 or 12 months, but have to close your business down before the term is up, you will be in default of your lease agreement. With some executive suite centers will make you pay the entire lease term, others will negotiate and possibly take your security deposit as “damages”.
If you already know that you are taking a risk, it is best to sign the minimum lease term (normally 3 months). There are people who are tempted to sign a longer term lease because of the incentives offered, but in the long run you could lose more than what you are initially “saving”. Make sure to think through everything carefully before you sign the lease because it is a binding contract!
Chris – Leasing