Lease Term.

Should I sign a long or short-term lease? A longer-term lease allows you to lock in a known rental rate for a 5-10 year period. If you have a stable business locking in a long-term lease could work to your benefit. If you are a growing business the last thing you want to do is lock in a 5-10 year lease that limits your options. A better alternative is a shorter-term lease with renewal options.