Why You Need Date Reminder Software
It's true - having or not having date reminder software could seriously impact your business. There are all kinds of dates to remember, from domain name and lease renewals to option periods, and they're easy to forget.
After all, as busy as most people's days are, missing a date is easy, but it could spell disaster. Let's have a look at what happened when some real businesses that didn't use date reminder software forgot about their important dates.
For instance, a national retailer with multiple sites had a long term lease for a store of about a hundred sixty square meters in a suburban shopping complex. The tenant had been leasing this shop for almost five years, and had a five tear option period.
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.
This retailer had the ability to keep a lease in a popular shopping area with many improvements and no increase in rent. However, they missed their option and had to pay a much higher rate for the same space.
In another case, an airline that worked internationally missed their option period and lost more than six hundred and fifty square meters of office space with favorable lease terms, costing them an enormous amount to move their offices.
Their ten year lease had a five year option, and was negotiated in a market where tenants had a much more favorable chance. The rent was never to be subject to open market review, and low rates with minimal increases were locked in. However, failing to exercise their option caused the airline to have to move in under three months, in a less favorable market and at a huge cost.
These two examples are just a small fraction of the problems that happen every day to established businesses that miss their important deadlines. There are plenty of dates to remember, and when they're far in the future, forgetting them is all too easy.
That's where date reminder software can help you. This inexpensive type of program is easy to use and incredibly helpful. Just put the dates into it - as far ahead as you need to - and you'll be reminded of important information when it's needed.
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.
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.
After all, as busy as most people's days are, missing a date is easy, but it could spell disaster. Let's have a look at what happened when some real businesses that didn't use date reminder software forgot about their important dates.
For instance, a national retailer with multiple sites had a long term lease for a store of about a hundred sixty square meters in a suburban shopping complex. The tenant had been leasing this shop for almost five years, and had a five tear option period.
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.
This retailer had the ability to keep a lease in a popular shopping area with many improvements and no increase in rent. However, they missed their option and had to pay a much higher rate for the same space.
In another case, an airline that worked internationally missed their option period and lost more than six hundred and fifty square meters of office space with favorable lease terms, costing them an enormous amount to move their offices.
Their ten year lease had a five year option, and was negotiated in a market where tenants had a much more favorable chance. The rent was never to be subject to open market review, and low rates with minimal increases were locked in. However, failing to exercise their option caused the airline to have to move in under three months, in a less favorable market and at a huge cost.
These two examples are just a small fraction of the problems that happen every day to established businesses that miss their important deadlines. There are plenty of dates to remember, and when they're far in the future, forgetting them is all too easy.
That's where date reminder software can help you. This inexpensive type of program is easy to use and incredibly helpful. Just put the dates into it - as far ahead as you need to - and you'll be reminded of important information when it's needed.
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.
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.
About the Author:
Looking for help with lease administration and phone alerts? Tis Time help many companies Australia wide stay on time.
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