Did you know that having or not having date reminder software could have an enormous impact on your business? From lease and domain name renewal dates to option periods, there are all sorts of important times and dates that you need to remember.
With everything that goes on in the average day, it can be pretty easy to accidentally miss some of those dates, and missing them could spell disaster. Let's have a look at some things that really happened to companies that missed important calendar dates of their own.
A national retailer with a number of sites had a long term lease on a store of around a hundred sixty square meters in a suburban shopping complex that had recently been sold and improved. This tenant had leased their shop for nearly five years, and had a five year option period on their lease.
That option period, common in lease situations for retailers, said that the tenant could choose to extend the lease for five more years during a given window of opportunity - starting three months before the lease expired and ending one month before.
The retailer could have kept their low lease rate in an improved building if they'd paid attention. However, they missed their option and had to pay a much higher rate on the next lease. The only other option was to get out.
An international airline had a similar problem, though their office was around six hundred and fifty square meters and they had entered their lease on extremely favorable terms. Losing out cost them a huge amount.
Their ten year lease with five year option was negotiated when tenants had a favorable market, with the clause that the rent would never be subject to an open market review, locking in low rent rates. However, by failing to exercise the option, they had to move in just three months, in a much less favorable market and at an incredible cost.
Of course, those are just two examples of the problems you could deal with, even if you're a well established business. Missing an important deadline could spell disaster, and all kinds of dates have to be remembered, even if they're far in the future.
This is why date reminder software could be an incredible help. It's an inexpensive program that's easy to use. Just put your dates in to be reminded when you need to act.
That could save your business's office space, your website domain, and many other important business features. You'll save a lot of money and be able to rest easy, since you don't have to worry. All you need is a high quality package to move on to more immediately pressing matters.
If you run a business, you could be negatively affected by missing an important date, no matter how large or small you are. Don't take that risk. Choose software that'll help you and make sure you've taken care of important times and dates.
With everything that goes on in the average day, it can be pretty easy to accidentally miss some of those dates, and missing them could spell disaster. Let's have a look at some things that really happened to companies that missed important calendar dates of their own.
A national retailer with a number of sites had a long term lease on a store of around a hundred sixty square meters in a suburban shopping complex that had recently been sold and improved. This tenant had leased their shop for nearly five years, and had a five year option period on their lease.
That option period, common in lease situations for retailers, said that the tenant could choose to extend the lease for five more years during a given window of opportunity - starting three months before the lease expired and ending one month before.
The retailer could have kept their low lease rate in an improved building if they'd paid attention. However, they missed their option and had to pay a much higher rate on the next lease. The only other option was to get out.
An international airline had a similar problem, though their office was around six hundred and fifty square meters and they had entered their lease on extremely favorable terms. Losing out cost them a huge amount.
Their ten year lease with five year option was negotiated when tenants had a favorable market, with the clause that the rent would never be subject to an open market review, locking in low rent rates. However, by failing to exercise the option, they had to move in just three months, in a much less favorable market and at an incredible cost.
Of course, those are just two examples of the problems you could deal with, even if you're a well established business. Missing an important deadline could spell disaster, and all kinds of dates have to be remembered, even if they're far in the future.
This is why date reminder software could be an incredible help. It's an inexpensive program that's easy to use. Just put your dates in to be reminded when you need to act.
That could save your business's office space, your website domain, and many other important business features. You'll save a lot of money and be able to rest easy, since you don't have to worry. All you need is a high quality package to move on to more immediately pressing matters.
If you run a business, you could be negatively affected by missing an important date, no matter how large or small you are. Don't take that risk. Choose software that'll help you and make sure you've taken care of important times and dates.
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Looking to secure contract manager software and reliable reminders? Contact Tis Time for all your reminder needs.
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