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Rpcon masterclass s205-making-money-for-your-company - julie ricci
Rpcon masterclass s205-making-money-for-your-company - julie ricci
Rpcon masterclass s205-making-money-for-your-company - julie ricci
Rpcon masterclass s205-making-money-for-your-company - julie ricci
Rpcon masterclass s205-making-money-for-your-company - julie ricci
Rpcon masterclass s205-making-money-for-your-company - julie ricci
Rpcon masterclass s205-making-money-for-your-company - julie ricci
Rpcon masterclass s205-making-money-for-your-company - julie ricci
Rpcon masterclass s205-making-money-for-your-company - julie ricci
Rpcon masterclass s205-making-money-for-your-company - julie ricci
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Rpcon masterclass s205-making-money-for-your-company - julie ricci

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  • 1. Making Money for Your Company Presented by: Julie RicciLease Administration Masterclass Friday, 23rd March 2012
  • 2. Making Money for Your Company Session Overview • Really, how much money can be made? • Common Errors & Omissions • Recouping Incentives & Contributions • Avoiding Critical Date “Stuff-ups” • Systems and Tools • Using Refunds to Advantage • How Does Management View You? • How Should Management View You?Lease Administration Masterclass Friday, 23rd March 2012
  • 3. Making Money for Your Company Really, how much money can be made? Could be in the vicinity of $1,000 - $100,000 plus.Lease Administration Masterclass Friday, 23rd March 2012
  • 4. Making Money for Your Company Common Errors & Omissions • Mis-Calculation of Charges based on area of premises • Percentage Rent Thresholds • CPI Index or Quarter applied • Outgoings • Incorrect Accounting Period • Miscalculation of mid-month reviewLease Administration Masterclass Friday, 23rd March 2012
  • 5. Making Money for Your Company Recouping Incentives & Contributions • Rent Free Periods • Rebates • Concessions • Fitout Contributions / Tenant AllowancesLease Administration Masterclass Friday, 23rd March 2012
  • 6. Making Money for Your Company Avoiding Critical Date “Stuff-ups” • Missing an Option – Outcome – higher rent, fitout of new location or worse being sued by a Franchisee! • Missing a Kick Out Period – outcome – over Budget due to costs associated with poor performing Store. • Have you recorded all your Refurbishment / Repainting Dates?Lease Administration Masterclass Friday, 23rd March 2012
  • 7. Making Money for Your Company Systems and Tools • Database • Excel • OutlookLease Administration Masterclass Friday, 23rd March 2012
  • 8. Making Money for Your Company Using Refunds to Advantage Ensure you keep a record of the “Refunds” that you have collected from Lessors and the next time you are sitting in front of your boss for your annual review mention the 5 top ones!Lease Administration Masterclass Friday, 23rd March 2012
  • 9. Making Money for Your Company How Does Management View You? Expense – Lease Administrator Salary – Software Leasing Expense – Fringe Benefits – HardwareLease Administration Masterclass Friday, 23rd March 2012
  • 10. Making Money for Your Company How Should Management View You? Profit Centre – Collector of Refunds – Information Resource for Management – Benchmarking Resource – Stakeholder Co-ordinator – Rent Reductions at Lease Renewal – Valuable Resource for Deal Makers – Lease Administrator Salary!Lease Administration Masterclass Friday, 23rd March 2012

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