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QUESTION

i want rented property for play school. looking at the long term nature of this business what are all the important things which i must mention in final deal. what is the usual market terms and condition for the same? Im looking in Bangalore

If any property is available for this let me know
By Ranjith   2 weeks ago  7 views
 
 
 
 
 
 
 
ANSWERS (1)
 
 
 
 
Vishal V Parwani a week ago
First of all, do a proper due diligence of the business proposal, play school is a very tricky business, the revenue that u require is calculated on a yearly basis, even a slight reduction in no of students shall leave a dent in the overall operation aspect,
On terms of property on rent , you need to choose a right owner who does not have any need to sell the property in the near future, also any disturbing neighborhood or objecting neighbours would be always a diterent for over all operations,
You need to o take it for a long lease tenure , and make a point to always keep the exit clauses close to end of sessions ,
It's always better to make the owners as one of the partners or come out with a revenue sharing module.
These are the best long running ways.
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