I am “restructuring” my business and need a fast and easy short term Las Vegas Executive Suite. How do I get started?
Executive suites are actually designed for the short term user and provide all of the amenities that one would need in a more traditional office space. 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. A good 3 or 4 choices is standard. Once you have reviewed your choices, go take a look at the suites to determine if they are in a good location 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. It’s a good way not to be stuck with a long term solution. They can set you up immediately and you can get your business under way. If you decide that everything is going great and you need to expand, you can take another suite or look into the traditional space option. Just 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!
Chris Johnson, Leasing Manager
What is the best way to handle a problem I might be having at my Las Vegas Executive Suite? I don’t want to move.
The best way to handle a problem is to contact either the Leasing Manager or Facilities Manager and address the situation as soon as possible. Don’t let it fester because you will become miserable and your request may come off as disrespectful and “heated” instead of businesslike. The center is there to assist you with your business needs and most executive suite centers have on-site staff who are prompt in attending 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 call the 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 will not be necessary!
ViewPointe Executive Suites wants your tenancy to be as pleasant as possible and we have made every effort to make your stay worthwhile. Our friendly and helpful on-site staff will provide information and are available for your business needs.
Chris Johnson, Leasing
I want to get a Las Vegas executive suite, but I have heard “horror stories” about centers getting you in and then after the initial lease term, raising or even doubling rents. I don’t want to move from location to location so how can I protect my business interests?
Believe it or not, this does happen with some centers. You see a great ad for a luxury executive suite for say only “$650 per month for a 3 month and no security deposit — move in now!”. Wow! you go visit the center and it looks great and it is what they say it is, everything seems to be in line and before you know it, you have signed a 3 month lease and everything is great and you are doing well, then all of a sudden you get a notice that your rent will increase to $900 per month after the initial 3 month period (sometimes it is even “hidden” in the lease).
You need to make sure you are “protected”. Because of the market, centers are creating ads to get you into the door. While this is a common practice, 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 so, 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 intial term of 3 month or 6 months and sometimes it can be hundreds! 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 is worth doing business there. Also 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, but do so before you sign anything!
Some “corporate or nationally owned” executive suites will think nothing of selling their center and the new Landlord will usually want to make money and 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. Also, don’t be afraid to ask existing tenants if they like the suites and if they are happy with their services. Ask the management pertinent questions about the lease, rents and terms and you will not be disappointed.
ViewPointe Executive Suites has been in business for over 10 years and we know what your needs and expectations are. Take a virtual tour on our website at http://www.viewpointecenter.com or contact us with any questions.
Chris Johnson, Leasing
Are Executive Suites in Las Vegas worth looking into?
Executive Suites are always a good idea for businesses who are either downsizing from large traditional space or upsizing from a home office or virtual service. Executive suites are an affordable solution for many businesses because they have everything provided for you. You do not have to hire a receptionist, purchase a phone system, sign up for internet service, set up utilities or hire a sign company. You are in business immediately for one affordable monthly rental payment. And, you do not have to sign a long term lease and the professional staff is always available to help you with your needs.
Chris Johnson, Leasing
I have a Las Vegas Executive Suite and need to upgrade to a larger space; do I need to wait until my current lease expires?
You don’t have to wait until your current lease expires unless the center does not have the space you need. Most centers will allow you to “move” into the larger suite with the same lease term and expiration; however, others will make you sign a whole new lease agreement, so make sure to ask all the pertinent questions first. Concurrently, if you need to 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 30 day written notice if you wish to terminate your lease all together.
Chris Johnson, Leasing
When I Visit Las Vegas Executive Suite centers they seem to all have some sort of “gimick” to attract attention and get me in the door. Which questions should I ask or what do I need to know so that I am receiving the best deal for my business?
Because of the way the market is right now, all executive suite centers are offering great deals and incentives to get you to sign a lease. Actually, this is the perfect time to take advantage and get the best deal you can. First make a list of what you can and cannot live without for your business and then just start your search. Take good notes and sometimes if an office “just feels right” it usually is and you will have made a good choice.
If something sounds “too good to be true” it usually is and there might be a lot of hidden costs. Don’t feel pressured and don’t look at too many executive suite centers — narrow it down to between 3 and 5 choices. If you look at 10 or 12 offices you will get overwhelmed and you will pick the last one just to make a choice because you are either exhausted, desperate or both and you will not be very happy with yourself. If you are not sure, just make a quick phone call to a center that you like and say something like “I really like your executive suites, but so and so is offering this, can you match it?” If they can and you really do like that location, then take the office deal. Don’t keep negotiating back and forth like a used car salesman. Most executive suite managers will give you their “bottom line” if you ask for it and if you keep pestering them and asking them to “drop the price a little more” or something bold like “if you give me free whatever, I will sign right now! you will aggravate the leasing manager and start off with a strained relationship which is not good for either party. Mutual respect is key in any negotiations.
At ViewPointe Executive Suites, we design a lease that best fits your needs. Our outstanding staff will take care of you and your business needs without the hassle.
Chris Johnson, Leasing
What are the pros/cons of leasing a Las Vegas Executive Suite?
There are a lot more pros than cons. With an executive suite, you don’t have to sign a long term lease, everything is included (phone system, internet service, receptionist, signage, utilities, etc.), you still have 24/7 access, conference rooms and/or day offices are available on an as needed basis if you want to meet with clients, there are business machines you can use and a kitchen. The only real “cons” I can think of 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 absolutely 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 executive suite space and traditional space that you can grow into when your business takes off. Contact us with any questions.
Chris Johnson, Leasing
Virtual offices and address plans are a big trend in Las Vegas
Because of the downturn in the market, businesses are looking to have virtual offices or mail only address plans where they can run their business in a Class “A” office building at a minimum cost until the market takes an upswing. For as little as $75 per month, a business can have a wonderful location, have access to conference rooms and a day office for a small fee, use business machines, have a professional receptionist/secretary to greet them and their clients, hang a business license, receive mail, receive and send UPS and FedEx packages, and so much more!
Contact ViewPointe Executive Suites, we have all of this and more and we know how to take care of your business needs.
Chris Johnson, Leasing
There are so many choices for Las Vegas executive suites and so many price ranges. How do I go about getting the right price/choice for my business?
As with anything you lease or even buy, you have to do your homework. The first step is to set a budget. Depending on the location and “class” of the building, you will pay anywhere from $395 to upwards of $2,000 per month for an office. For example, if you want a receptionist to answer your phone, a furnished office with a balcony and/or view, free internet, etc., you will pay a higher rate. If you just need a small office to hang your hat and don’t need any services or high-end location, then you will pay a whole lot less. Make a list of your needs, what location you want to be in and what amenities you must have for your business. Then start looking around and writing 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. Is it a safe location? Do they have security cameras? Are they convenient to interstates? Do they have maximum exposure?
If an executive suite center does not have a website or they skirt around 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. Las Vegas is a wonderful place to do business and the City’s reputation is changing for the better, but you still always have to make careful choices anywhere you go.
Chris Johnson, Leasing
What happens if I sign a Lease and then find out I’m not making it and have to close my office?
Depending on what kind of lease you sign, each executive suite center handles this situation differently. If you sign a 6 month or 1 year lease and close your business down before the term is up, you will be in default of your lease agreement. Some executive suites will make you pay the entire lease term, others will negotiate and possibly take your security deposit as “damages”, but in either situation you will not have a good credit reference.
Most Landlords understand and will try and work things through with you, but if you know in advance that you are taking a risk, it is best to sign the minimum lease term (normally 3 months). A lot of people are tempted to sign a longer term lease because there are incentives offered to do so, 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 Johnson, Leasing
