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Mark Rauch's Tenant Rep Times      December 27, 2012                 
 
Southern California Tenant Representation     
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MARK DAVID RAUCH
Greetings!
 
Welcome to the "Tenant Rep Times".  You are receiving this edition of my eNewsletter because you  rent or own commercial office space and are either my client or a potential client.  I trust you will enjoy this issue and get a "gem" or two out of it.   
 
Your email address will only be used to communicate with you and will NEVER be sold, shared, rented or otherwise provided to other entities.
IN THIS ISSUE
9 RESOLUTIONS FOR BUSINESS SUCCESS IN THE NEW YEAR
THIS WEEKS RESOURCE
MARK'S' POINT OF VIEW
9 Resolutions For Business Success In The New Year 
Presented By Mark Rauch
 

"Yesterday"s home runs don't win today's games"   -Babe Ruth-                            

Resolutions       

Now is a great time to contemplate your company 's growth or lack thereof and determine how you want to proceed in 2013.  Are you looking for increased revenue or more time to enjoy the fruits of your labor? These 9 ideas are intended to help you reach improved stability so you can realize genuinely fulfilling success in the coming year.

1) Establish practical goals.

Establishing valuable goals is an important practice.  Go ahead and reach for the sky and pick several "pie in the sky" fantasy goals that you spend ten percent of your time on but the majority of the goals you set should be goals that are achievable, rather than unreachable dreams that only lead to frustration.

2) Business planning needs to be a weekly event.

If you want a healthy, growing business, planning is imperative. Planning and reflection enables you take inventory of what did  and did not work and forces you set a new course and rethink prior goals.  Put time aside every week to review and amend.  this will get you in a focused and relaxed frame of mind.  

 

3) Delegate Delegate Delegate.

Running a small business is not an easy job.  It's easy to trick ourselves into believing that we need to do every task.  This may be why we so often feel so tired and frustrated.  Decide to let someone else do some of the tasks for a change. Delegation is the answer to a balanced work life.

4) Networking groups are worth joining.

Talking to other business owners inspires new ideas, puts you in touch with new contacts and creates potential business opportunities.  It could be a mixed group of professionals and business owners designed for networking or an organization dedicated to a specific industry for more focused interaction.  Making an effort to be a part of a group(s) will invigorate you and your company.

 

5) Give back.

Decide to find a cause that matters to you, and give what you can.  Be a mentor, serve on a committee, make regular donations or volunteer.  Be a part of making the place you live a more worthwhile place.  Nothing will seed and grow goodwill for you and your business better.  Giving is much more fulfilling than getting.

6) Relentless self promotion.

Promotion needs to be a priority.  The job of promoting a small business and attracting new clients or customers usually takes the lowest position in the list of tasks.  Hire a marketing expert or take the time to learn how to create a marketing plan on your own.  

 

7) If it's not working get rid of it.

Not everything works.  If a technique or a product or a business relationship isn't working for you, drop it.  Move on and invest your time and energy on other things.  Amazing results will happen with consistency.  Remember weekly planning and charting.

8) Take time for yourself.

You must take the time to recharge.  All work and no play is a formula for mental calamity. Schedule time regularly into your calendar for yourself.  Commit to this and you will be a much better business person in the long run.

9) Keep on learning. 

Learning new skills both personal and professional will add a new element of interest to your life and contribute to a healthy balance in work and life.  Delegate, remember?  This is how you will find the time to learn.

Achieving a healthy work-life balance is like maintaining a good relationship; you have to keep working on it. But if you apply these New Year's resolutions throughout the year, your success is certain!

Would love to hear from you.

Nothing contained herein is to be considered legal advice. Always seek legal advice when evaluating any legal document.

This Weeks Resource

 

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Mark's Point Of View


Question: Mark, Won't the Landlord tell me everything I need to know?

 

Answer: Every lease is different and is comprised of numerous negotiable components. The landlord (or his broker) is out to get the best deal for himself. Most believe in the old adage, "Don't ask, don't tell" when it comes to the lease negotiation process. For instance, they are hoping that you will be enticed by the initial low rental rate and not notice the expense reimbursement clause that can end up adding a premium to that rental rate. Do you know the rental rates and lease options for other tenants in the building? Landlords are not obligated to disclose details such as what rates or options they offered to other tenants in the building; information that can help you strike a better deal.

 

I also want to reiterate that we are requesting meetings with Professional and Corporate Office Tenants

 

We are looking to represent a handful of Tenants, each occupying 5,000 rentable square feet to 500,000 rentable square feet.

 

Please call or email us to schedule a time to discuss how we can help.
 
The only way to help you is to hear from you.

Please don't keep me a secret.  Other than representing you, a referral is the greatest compliment I can receive. 
My focused specialty is solely driven to advocate the office space interests of Southern California-based corporations and professional services firms in leasing and purchasing negotiations of all types-renewals, relocations, renegotiations, recasting, subleasing, terminations and investments on a local, regional, national and international basis through a network of offices in 200+ markets around the world.
 
Assignments range from single office lease transactions to national and multi-national real estate portfolios.
 
It is my sincere desire to develop meaningful, long term relationships as your trusted
Tenant Rep Consultant and friend.
 
Regards, 
 
Mark
MARK DAVID RAUCH 


Thank you for taking the time to spend a few minutes with me.

Sincerely, 
 
Mark D. Rauch
Senior Vice President
Travers Realty Corporation
Direct: 213-430-2469
Mobile: 818-943-2959

mrauch@traversrealty.com
License # 01019455 
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