When signing up new business we should always avoid $ amount or set amount (flat rate) fees (Example. $450+gst).
$ or set amount fees once in your system will not automatically increase as rent does, therefore requiring someone to manually check fees every year and ensure they are updated as rent goes up, or a new tenancy commences at a higher rate. It is inevitable that fees (requiring an increase) get missed and the business loses valuable revenue over time.
We have created these handy tables to make it easy for businesses to transition, download the PDF below.