The competive characteristic of the sector has made it compulsory for shopping mall administrations and lessees to create a transparent,reliable and objective environment.
The turnover audit practise:
Verfies the true rent amount under the agreed terms.
Causes the lessee to percieve that incorrect rental declariations will be determined at the end of the audit,
Creates monitoring the lessee whether they comply with the items set in the rental contract or not.
Providies a transparent communication enviroment between the mall administration and the shops.
Providing an accurate, correct and flawless feedback flow system
Who Should Benefit from Turnover Audit Practise?
All firms dealing with turnover based rentals like Shopping Malls, companies operating with agents on commision-based producers selling licenced items through dealers, and companies giving franchises.