What Financials are Needed for a Commercial Lease (and how to print them in Xero)

By |2022-07-11T14:07:21+00:00May 24th, 2022|Accounting, Business|

Before signing a commercial lease, you must understand what financials are needed. You should also question whether the landlord has a right to ask for them. The financials needed to run a business are similar to the ones needed to run an individual's home. This means you should have enough income during the year to cover all of your expenses as well as any other monetary obligations that come up throughout the year.  It’s important for you to make sure taking on a lease isn’t going to put a financial burden on your business. Depending on mortgage rates and other specifics, [...]