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Which of the following questions should a new business owner examine when considering leases

a. who is responsible for maintenance and improvements?
b. is there an ability to renew the lease?
c. what exactly is the new business owner leasing?
d. all of the answers are correct

User Longsight
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Final answer:

When considering leases, a new business owner should examine maintenance responsibilities, renewal options, and the specifics of what is being leased, as these factors affect financial planning, operations, and growth potential.

Step-by-step explanation:

A new business owner, when considering leases, should indeed examine all the aspects mentioned in the options:

Responsibility for maintenance and improvements: Understanding who will handle the maintenance and upgrades of the leased space is crucial, as this can influence the business's operational costs.

Ability to renew the lease: Knowledge of the lease renewal terms is essential for long-term business planning and stability.

What exactly is being leased: Clarity on what is included in the lease ensures that the business owner fully understands the extent of the usable space and amenities.

Each of these considerations impact the business's financial planning, daily operations, and future growth potential, so it's vital for a business owner to review lease agreements closely.

User JeroenEijkhof
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