Insurance – Businesses that lease will need property insurance and general liability insurance. Property insurance is sometimes dictated by the mortgage company. General liability is for your protection. Most landlords require that you carry a $1,000,000 to $3,000,000 policy. This generally costs between $500 and $3,000 per year.
Financials – Most landlords require some sort of financials to show the ability of pay rent. This is usually in the form of profit/loss statements, balance sheets, or the last 2-3 years of personal income tax returns. It’s a good idea to have this information readily available for when the landlord requests it.
Other services or products that may be needed – Phone/Internet service, New/Used furniture, movers, printing & copying services, website design, payroll processing, etc