Why Buy LseMod?

Do you spend more time
on financial analysis than negotiations?

Do any of these apply to you?

1. Are you frustrated with your current software not being able to accommodate all the variables?
2. Do you dread the thought of a client pointing out a mistake?
3. Are you angry at losing business to competitors with a more professional presentation?
4. Are you tired of wasting time creating spreadsheets?
5. Do you need to create analyses that include GAAP?

Using your own Excel spreadsheets – do 2 or 4 apply?

Using a competitor – does 1 apply?

True Story

October 2007 – The developer of LseMod met with a broker. On the way to breakfast the broker beat him up saying there was a competitor (not Excel based) that was cheaper.

The response: The broker was a golfer so the analogy was – you can buy all kinds of drivers for all different prices, but if the BEST driver for him costs more, we’d bet he would buy the BEST driver even if it were more expensive. FYI – we offered him several for free that are in our garage.

That’s what a broker does – negotiate, he then admitted that the competitor to LseMod had issues: "Can't customize it; Not flexible; Canned so everything looks the same; Reports are atrocious.” (atrocious was not the first word he used).

If we needed brain surgery, we would be looking for the most effective and experienced doctor, not the one that was the cheapest. This is not your physical life, but it is your professional life.

What’s your biggest fear?

Do you dread the thought of going back to a client or management and telling them you made a SIGNIFICANT mistake? Could it be career limiting? LseMod is not bullet-proof. In our view, nothing is. However, with LseMod, since there are no user created Excel formulas, your chances of making a significant mistake are minimized.

Does your template require users to create custom formulas for partial years or atypical analyses? We recently audited a nationally known company's analysis and found over 25 errors. Some were small, but some were over $1,000,000. On the NPV, there was one error over $6.2 million on a $30 million calculation! Few people are on their "A" game 100% of the time and the audited analysis was a complex scenario with different start dates, an expansion, prorated rent, etc.

With LseMod, you bring your "A" game to the table every time, all the time!

Other reasons include:

Missing out on business you could be getting?

Could it be your image? yes

Are you upset about . . .

1. Too much detail? Not enough detail? yes

2. Wasting too much time doing (and redoing) lease analyses & what-if analyses? yes

3. Spending hours evaluating occupancy scenarios & consolidations your current tools were not designed to accommodate? yes

Are you being challenged . . .

4. To create an "Occupancy Cost" analysis vs. a "Rent" analysis? yes

5. To show your "value added"? yes

6. To demonstrate a competitive advantage? yes

Are you frustrated . . .

7. Customizing your current tools for "unique" analyses? yes

8. By a lack of consistency from different markets / countries / consultants? yes

9. Doing international analyses in sq. meters with changing exchange rates? yes

Are you being pressured by management about . . .

10. Creating budgets before a project and then comparing your plan to budget? yes

11. Including capital and depreciation in your analyses? yes

12. Showing P&L (profit & loss) by fiscal year in addition to Cash Flow? yes

Are you concerned about . . .

13. Emailing reports and graphs? yes

14. Spending hours learning a new program? yes

LseMod saves your company significant money and saves you significant time. Don't take a chance on spending too much money on your leases. Ensure the right decision at the right cost. And do it quickly and easily. Plus, create professional output to share with management that reinforces the importance of a detailed analysis by a professional with the right tools.

Isn't it time to take your team to the next level? Are your lease analyses as good as you are?

Next Steps: LseMod is the answer. ACT NOW!

• Give us a call (toll free 1-866-757-3663) and let's talk about your needs, or
• Send us an email (contact us), or
• Schedule an interactive demo over the Internet (Web Demo), or
• Download some sample reports (Downloads Sample Reports)

"The magic of LseMod is the reports.

The information is presented in such a logical, intuitive, familiar manner . Am planning to use it for the UK (2 projects), Munich, Shanghai and Seoul, just for next week!"

Walt Spevak, Sr. Director, Corporate Real Estate
Autodesk, Inc. (the makers of AutoCad)

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1. Are you upset about too much detail, not enough detail?

LseMod allows you to do as much (or as little) as you want. The only required data entry is rent, square footage and the term. Or, you can do a comprehensive analysis including (or not including) selected items such as moving, construction, furniture, voice, data, after hours HVAC, restoration, security monitoring, reserved & unreserved parking, security deposits, etc.

The easiest way to evaluate LseMod is to judge for yourself. Schedule a demo over the Internet, you can even drive! Web Demo.

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2. Are you upset about wasting too much time doing (and redoing) lease analyses & what-if analyses?

• Would you characterize your current lease analysis tools as "Best Practices" or "Best of Class"?
• Are you frustrated with your current tools? Can you customize reports? Graphs?
• Do you wish you could include other metrics such as cost/headcount or cost/workstation?
• Would it be nice to compare the "intangibles" such as Class of Building, Renewals, Expansions, Cancellation options?
• On the Industrial side, is it important to compare factors such as Clear Height, # of Dock High Doors, Column Spacing, etc.?

LseMod provides multiple ways do an analysis from our Basic Analysis commands (a "quick & dirty" analysis), to the Lease Wizard, to our Experienced User's option. A first time user can, in less than 5 minutes, create an analysis for a transaction and email reports & graphs to customers. LseMod is that quick and easy to use!

Once one property has been analyzed, additional properties/alternatives can be analyzed by just changing a few assumptions and giving the file a new name.

Comparisons and a management summary with graphs can be created with the click of a button and since the analyses are dynamically linked, the comparison is updated whenever an analysis is changed. There is no need to re-link the analyses!

The easiest way to evaluate LseMod is to judge for yourself. Schedule a demo over the Internet, you can even drive! Web Demo.

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3. Are you upset about spending hours evaluating occupancy scenarios & consolidations your current tools were not designed to accommodate?

LseMod was designed to make evaluating scenarios easy. Multiple LseMod analyses can be linked into one management summary report and then added (or subtracted) together to determine the costs. Adding and subtracting analyses is easily done using our 1-step Calculate Totals command.

The different analyses are dynamically linked so that a change in one analysis will automatically change the scenario; there is no need to re-link the analyses. Expansions and subleases can be included and we even have a special date adjustment feature so the NPV's will be meaningful if analyses start on different dates.

A key benefit with LseMod is the ability to create a scenario report that can be easily explained and understood by a third party. To see some sample reports go to Downloads/examples and download the file LseMod_Scenarios_Examples.

The biggest challenge in scenario & consolidation analysis is figuring out what to do, the planning part. We can help you with creating a plan for your analyses and we are also a resource for you. You can hire us to do complex analyses for you. Support/outsource

Contact us and schedule an interactive demo over the Internet, you'll be amazed how easily you can create a scenario. Web Demo.

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4. Are you being challenged to create an "Occupancy Cost" analysis vs. a "Rent" analysis?

Do you need to identify all the costs associated with signing a lease? It is not just the rent, Occupancy Costs includes things such as moving, construction, furniture, voice, data, after hours HVAC, restoration, security monitoring, reserved & unreserved parking, security deposits, etc. With LseMod you can easily create a comprehensive Occupancy Cost analysis, or just keep it simple and settle for the rent.

The easiest way to evaluate LseMod is to judge for yourself. Schedule a demo over the Internet, you can even drive! Web Demo.

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5. Are you being challenged to show your "value added"?

• Are you being pressured by management to quantify budgets, costs and savings in more detail than ever before?
• When was the last time a customer/manager read one of your analyses and said, "WOW" or "Good Job"?

Develop analyses that include All Costs, including fit-up costs, so valid comparisons (or budgets) can be made. It's not just the rent! LseMod generates a very comprehensive analysis; however, line items can be easily removed and assumptions excluded from the printouts.

Overwhelmed? It's a case of - do as much or as little as you want! The only required data entry is the lease term, square footage, and the base rent.

LseMod reports will help you present yourself to others in a very professional manner. Download some sample reports and decide for yourself (Downloads Sample Reports) or contact us and schedule an interactive demo over the Internet, you can even drive! Web Demo.

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6. Are you being challenged to demonstrate a competitive advantage?

• Are you concerned about producing reports that look truly professional (and flashy) and can be easily understood by a CFO, or anyone else? or

LseMod can help you! Compare our reports, we constantly receive compliments about the quality and professionalism of our reports, AND, they all can be easily customized by the user. For instance, your logo can be included on all reports.

Real estate is frequently described as a relationship business, but how do you build a relationship? Brokers, in presentations you can distinguish yourself with CFO quality reports and graphs, it's part of the game of impressions. You may not meet the decision maker directly and your marketing materials are what get passed up the line.

LseMod's reports will let you leave the kind of impression you want to make! LseMod reports will help you present yourself to others in a very professional manner. Download some sample reports and decide for yourself (Downloads Sample Reports) or contact us and schedule an interactive demo over the Internet, you can even drive! Web Demo.

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7. Are you frustrated customizing your current tools for "unique" analyses?

First, and foremost, LseMod is written in Microsoft Excel! AND, we have incorporated a great deal of flexibility into LseMod; after all, it's been in use since 1989. We think we have covered 99% of the possible lease scenarios. LseMod includes a "tweak sheet" so costs can be tweaked for any month during the term.

However, no program (at least in our opinion) can account for every possible scenario and every possible need! We've got you covered! Although LseMod is protected (cells are locked) to prevent errors, the program can be unprotected and user's familiar with Excel can tweak it to their heart's content.

Additionally, for those not familiar with Excel, we have created commands so you can easily customize reports and graphs, line items can be easily removed and assumptions excluded from the printouts. There are over 19,000 lines of Visual Basic code; LseMod is much more than just a bunch of formulas.

The corporate lease analysis of LseMod Pro gives you the option of including, in the same analysis, expansions and subleases. There is no need to mess with multiple analyses to evaluate a complex scenario.

Tired of always re-inventing the wheel? Isn't it time to Just say No to those "back of the envelope" calculations?

Would you like to learn more? Download some sample reports (Downloads Sample Reports) or contact us and schedule an interactive demo over the Internet. Web Demo.

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8. Are you frustrated by a lack of consistency from different markets / countries / consultants?

How much time are you wasting trying to understand, decipher & check analyses done by others? Consistency is a challenge for all of us. Customers and management like seeing the same format all the time so they don't need to decipher (or check) different analyses.

LseMod can help you create standard reports when using multiple outside resources . . . or when submitting a variety of projects for management approval. International transactions are in the local currency . . . summaries are in U.S. $ and local currency . . . use the same format for domestic and international reports.

A problem with in-house programs is you can't get someone else to do the analysis for you. With LseMod that problem is solved! You can even create your own customized version of LseMod so that licensed users of LseMod can do the analysis for you in your format and email you the reports. If you outsource your analyses to a third party, insist they standardize on LseMod for the most consistent professional reports, domestically or internationally.

Note: LseMod began its life as a corporate program; so, the reports are in a corporate format and easily understood by CFO's.

Would you like to learn more? Download some sample reports (Downloads Sample Reports) or contact us and schedule an interactive demo over the Internet. Web Demo.

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9. Are you frustrated doing international analyses in square meters with changing exchange rates?

The LseMod programs that include international (LseMod Pro, LseMod Purchase) allow user's to easily enter data in the local currency and measurement (square meters, tsubos, etc.) and provide financial summaries in local currency as well as a financial summary in U.S. $ and square feet. Key assumptions are shown in U.S. dollars and sf. Any country can be used; in fact, the training for international uses the country Timbuktoo and Buckeroos as the currency.

When properties are compared or scenarios evaluated, the costs can be in local currency or in U.S. dollars. There is also a comparison report that compares costs by year and by line item, based on U.S. dollars and square feet.

The foreign exchange rate is user defined and fixed until changed. The logic of fixing the exchange rate is to "fix" the numbers based on U.S. dollars. If the exchange rate were dynamic and always changing, the U.S. dollar conversion would always be changing. U.S. based management typically does not appreciate having the numbers change on a daily or hourly basis. Additionally, many large corporations will fix the exchange rate at the Corporate level on a quarterly basis. However, the user can change the exchange rate at any time with one entry and all reports will immediately be updated for the new exchange rate!

Would you like to learn more? Download some sample reports (Downloads Sample Reports) or contact us and schedule an interactive demo over the Internet. Web Demo.

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10. Are you under pressure by management about creating budgets before a project and then comparing your plan to budget?

• Are you worried about being blindsided and missing your budget?
• Are you being pressured to include construction, furniture, voice & data costs in your analyses?

LseMod Pro and Purchase include a Project Budget report that can be used to compare a plan to a budget. Costs and the Budget are grouped by line item for Expense and Capital categories during the first year of the term and over the term of the lease.

Note: LseMod was originally written in 1989 to develop Capital budgets for field office moves. After budgeting, when a property was selected, LseMod was used to compare the budget to the plan and the Project Budget Report was included in the write-up that went to senior management prior to executing the lease document.

LseMod Pro also includes a customizable Funding Approval Form with signature blocks that summarizes costs and can be used for internal approval prior to executing a lease.

Would you like to learn more? Download some sample reports (Downloads Sample Reports) or contact us and schedule an interactive demo over the Internet. Web Demo.

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11. Are you under pressure by management about including capital and depreciation in your analyses?

LseMod Pro plus LseMod Buy and LseMod Purchase all include the ability to categorize costs as Expense and Capital. The depreciation term for Capital line items has default values and is user defined so user's can set different terms for Construction, Furniture, Voice, Data, and an All Other category. You can even include depreciation write-offs and depreciation carryover costs in an analysis.

Note: LseMod was originally written in 1989 to develop Capital budgets for field office moves.

Would you like to learn more? Download some sample reports (Downloads Sample Reports) or contact us and schedule an interactive demo over the Internet. Web Demo.

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12. Are you under pressure by management about showing P&L (profit & loss) by fiscal year in addition to Cash Flow?

LseMod Pro plus LseMod Buy and LseMod Purchase all include a P&L (profit & loss) analysis as well as a Cash Flow analysis. The P&L is important because that is the cost that is reported to Wall Street as a part of the Income Statement and the PreTax P&L is the cost charged to most corporate manager's budgets.

Financial reports can be formatted to show costs based on a Lease Year (i.e. Yr. 1, Yr. 2, etc.), a Calendar Year (2003, 2004, etc.) or on a Fiscal Year. For instance, if the fiscal year starts in October (like the Federal Government) and the lease starts in January, only costs for the first 9 months of the lease will be shown in the first fiscal year.

Additionally, LseMod Pro includes the ability to show the rent charged to the P&L on a Cash Flow, Effective Rent, or on a GAAP Rent basis. The programs also include an optional Capital vs. Operating lease test.

Would you like to learn more? Download some sample reports (Downloads Sample Reports) or contact us and schedule an interactive demo over the Internet. Web Demo.

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13. Are you concerned about emailing reports and graphs?

All LseMod programs include an easy to use email program. The email program creates a new Excel file with reports and graphs that can be emailed as an attachment to customers and management. All the recipient needs is Excel. They do not need LseMod, just Excel!

Files from multiple LseMod files can be combined into one email file (virtually unlimited reports & graphs). Additionally, user created reports and graphs can be included in the email file.

The email file includes a Table of Contents and shortcuts for printing and accessing the different reports. LseMod includes commands to password protect the email file so no changes can be made. All pages are locked from changes except the Table of Contents which a user can customize using the normal Excel commands and functions.

Would you like to learn more? Download some sample reports, they were all created using our proprietary email command, (Downloads Sample Reports) or contact us and schedule an interactive demo over the Internet. Web Demo.

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14. Are you concerned about spending hours learning a new program?

LseMod has been described as extremely user friendly. Written in Excel, data entry cells are color-coded, pop-up notes provide help, Wizards and other instructions are conveniently located adjacent to data entry sections, and there is also an on-line help file that includes the ability to sort by key word.

LseMod provides multiple ways to do an analysis, from our Basic Analysis which let's you complete an analysis is less than 10 entries, to our Lease Wizard which walks you through an analysis step-by-step (it starts with save the file with a new name), to our Experienced User's option, you will be up and running in seconds and can produce your first comparative analysis in minutes.

Our Link Wizard lets you link over 300 variables from different files to create a one-page side-by-side Comparative Management Summary, all with the click of one button. Customizable, our commands let you modify the report and even create your own comparison graph.

The easiest way to evaluate ease of use is to judge for yourself. Schedule a demo over the Internet, you can even drive ! Web Demo.

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