Online StoreTime Management - Advantages Of Using Date Reminder Software
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.
Option periods are common in retailer leasing situations, and this one allowed the tenant to extend the lease for another five years at a low rate, as long as this was done in the period three months before the lease ended to one month before the end of the lease agreement.
This retailer could have kept their very low lease rate, despite the improvements the new owner of the building had put in. But guess what? They missed their option during the window of opportunity, and had to pay a much higher rate for their next lease or get out!
Another case involved an international airline that missed its option period and lost more than six hundred fifty square meters of office space on favorable terms. It cost them a lot of money to move their offices and they lost a prime location.
Their ten year lease had a five year option period and had been negotiated in a market that favored tenants, so their rent was never subject to open market review. They had low, locked in rates and few increases, but their failure to exercise their option forced a move in a space of three months, and cost them a lot of money.
These are just a few examples of the problems that can happen to even well established businesses when they miss an important deadline. There are all kinds of dates that need to be remembered, and it can be really easy to forget about them, particularly when they’re very far in the future.
This is why date reminder software can help. It’s an inexpensive kind of program, but it’s helpful and easy to use. All you have to do is put your dates into it and you’ll be reminded when things come due.
That could save your business’s office space, the domain for your website, and many other important features of your business. You’ll save money and can rest easy knowing that you don’t have to worry about it. Just get a high quality date reminder software package and move on to other things.
Anyone who runs a business, no matter how big or small, can be negatively affected by missing important dates. Don’t take this risk. Instead, pick software that’ll help you make sure you have it all taken care of.
