I have represented many small businesses lately that are moving into a larger space or moving into their first commercial space. Consistently, the leases involved in these transactions are becoming more and more complex and less friendly to tenants. Many, if not most, of these commercial leases require the tenant to sign a guaranty for the fulfillment of the lease. Some of these have very favorable terms to the landlord and could put a business owner's assets at serious risk.
Rent is also steadily increasing in the Austin area right now which puts added pressure on new businesses, and old alike, to make wise business decisions in order to succeed and meet all of the businesses obligations timely. It is becoming ever more important to have an attorney review your lease and explain your rights and obligations with relation to the lease. If you go in to the transaction with all of the tools necessary to succeed, your business is more certain to thrive.