Why this matters
Every week between lease signing and opening day is rent with zero revenue. Founders who sign first and call contractors second can lose weeks because good contractors may be booked out. The cheapest construction accelerator is calendar discipline on signing day.
What "done" looks like
- Contractor start and completion dates locked in a signed agreement, same week as the lease
- Permit applications filed (or drawings with the architect) immediately
- Long-lead items, HVAC, kitchen equipment, signage, on order
- A written schedule with milestone dates
How to do it
- Line up the contractor before signing, convert their walk-through estimate into a contract with dates the day you sign the lease.
- File for permits immediately, permitting can be a major schedule killer.
- Order long-lead equipment now; items with multi-week lead times define your critical path.
- Pay on completed milestones, not calendar dates, in the contract.
- Book inspections early, final inspections and the certificate of occupancy have their own queues.
Common mistakes
- Signing the lease first and starting the contractor search second, burning free-rent weeks
- Paying large deposits up front instead of milestone-based payments
- Forgetting that the certificate of occupancy, not construction completion, lets you open
Real-world examples
- Permitting delays can cause commercial build-out overruns. Filing at or before lease signing may reduce that risk.
- Post-2020 supply chain disruptions made long-lead equipment such as HVAC units and commercial kitchen gear a scheduling risk. Ordering at signing rather than at framing may help avoid delays.
From a founder's point of view
Rent starts on a date; revenue starts when the space is done. Everything between is a race won or lost on signing day. The contractor's calendar, the permit queue, and the equipment lead times start ticking the moment ink hits paper, or they don't.
Rule of thumb
If the lease is signed and no contractor date, permit filing, or equipment order happened that same week, you're paying rent on a construction site by choice.
