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April 2016 Archives

Shopping mall businesses turning to new plans

Is the day of the shopping mall over? Trends seem to indicate that shopping malls aren't dead, but they are definitely changing. While A grade malls -- the top performers in the nation -- still bring in a lot of business and carry anchor stores easily, B, C and D grade malls aren't faring as well in an environment where shoppers can get most of the typical mall-based goods online.

"Common Area Maintenance" Horror Stories

As a new business owner, you are probably excited to finally get started offering your product or service to consumers in your area. You may have even found the perfect location for your new company and talked to the landlord about leasing space in their development.

What are some considerations for your business lease?

You've launched a business, and it's official. You've got the license to prove it. The next step is leasing a space and getting to work with customers or clients, right? While that might be true, it's not quite that simple or easy. When you are leasing business space, there are a number of considerations to pay attention to.

What you should focus on when negotiating a shopping center lease

For business owners, payments on their lease with the shopping center or mall in which their store, restaurant or other enterprise is located are among the highest costs they incur. That's why strategic negotiation of the lease terms is crucial.