Quicbooks, State approved drawing and Lease

Well I continued getting training on the quickbooks. The terms is what is difficult. The program itself does all the work for you it is just understanding the accounting part of it that is hard.

I called Bear Creek Coffee today to try and get in touch with someone about my state approved drawings for my contractor.. I have been trying to get them now for a couple of weeks. I cannot start any site work until I have these. I am afraid I will have the building done and the site work wont be done for the building. Anyway I had to call and complain somewhat. I also had to get my purchase agreement wrote over again, because when we purchased the coffee shop we put it in our names, because we didn't have a corporation established yet and for tax purposes my accountant said we should get it switched into our corporate name.

I also had to get a receipt from where I paid the real estate people 5,000 dollars for their service. They were responsible for finding a site, negotiating a the lease, and preparing all the paperwork. I ended up getting a five year lease for a set price not to go up the whole five years with the option to renew for another five years with an increase of 100 dollars. So basically I am set for the next ten years with an increase of only 100 over the last five years so I think they did pretty good. One thing I will caution you on when getting your lease worked out is to make sure your utilities are within a short distance. After my lease was signed I found out the sewer hookup was several hundred yards away unless I wanted to go uphill to one that was about 50 yards away, which required me to put a lift station in. It ended up costing me 6,000 dollars more than anticipated. My lease said the landlord believes that utilities are present at the location and I really didn't question it since it was in the parking lot of a grocery store. Anyway make sure you check this out. Well thats all for today.

Robert