How Tenants & Landlords Can Try to Navigate COVID-19

Restaurant owner wearing a face mask stands behind counter.

As the COVID-19 pandemic continues, numerous businesses have shut their doors for good. Yelp’s Local Economic Impact Report from June 25, 2020, states that there have been nearly 140,000 business closures recorded on Yelp since March 1, 2020. Unfortunately, 41 percent of those businesses have permanently closed. The highest closure rates come from retail, restaurant, … Read more

6 Steps for a Successful Office Relocation

Office staff unpack boxes after a business relocation.

Your business has outgrown its current office space, or you want something smaller. It’s time to move. Whether you’re cutting back, rolling out new services, hiring additional employees, or want to be closer to your talent pool, moving to a new location is a chance to solve operational challenges and signal success to your customers. … Read more

Extending One-Year Leases: What Are My Options?

Person hands over pen and commercial real estate lease to another to sign.

A one-year lease could be an option for your startup. You’ll have the flexibility to scale the business up or down depending on its success.  If it doesn’t work out, you won’t be stuck with a long lease or left trying to find someone to sublet the space. Although the option for a sublet in … Read more

Commercial Lease Agreements 101

With great property comes great responsibility. Commercial lease agreements spell out the responsibilities of both the tenant and landlord. Whether your lease agreement is one page or thirteen, you’ll want to understand the terms before you sign. While there’s no standard commercial lease agreement, most commercial leases address similar items. Read more about what you … Read more

How to Apply for a Small Business Loan

A small business owner stands smiling at the entrance of her establishment.

You may be considering a loan if you’re ready to expand your business, but you lack the capital to do so. As your small business grows, you may need to purchase inventory, equipment, supplies, or commercial real estate to keep pace with demand. Applying for a small business loan can be overwhelming. From the multitude … Read more

How Much Rent Can I Afford?

For lease sign on a commercial real estate building in Branson, MO.

As you browse locations, one thing may be at the forefront of your mind: rent. How much rent can your business afford? Should you pay more for a nicer location? Could you get away with a location with a lower rent cost?

Most people want to pay as little as they can for rent without scaring away their customers. You want an affordable space that’s accessible and welcoming. Your budget and operating costs, along with the location’s traffic, will affect how much you should spend on rent.

Read more about commercial rent and how to find what rent you can afford.

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Choosing A Location Based on Your Target Market

A young couple looks into a storefront window with shopping bags and drinks in their hands.

You’ve got a great idea. You’ve got a great business plan. Now, all you need is a great location to see it all come to fruition. 

The Small Business Administration cites that more than 30.7 million small businesses open each year. You may think online sales are king, but for restaurants and retail, brick and mortar stores are vital for success. 

Some retail companies closed stores this year in what’s been coined a “retail apocalypse.” Yet, for every company that closed a store, 5.2 companies opened new locations. 

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Branson’s 2019 Small Business of the Year

Bob and Steve of Commercial One Brokers receive the 2019 Small Business of the Year award.

Commercial One Brokers is proud to join the ranks of leading businesses in our area. Last month, we were recognized as the 2019 Small Business of the Year by the Branson/Lakes Area Chamber of Commerce and Convention & Visitors Bureau (CVB). We are overwhelmed with gratitude to receive this honor from our community leaders. 

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Gross And Net Leases: What’s The Difference?

Someone signs a modified gross lease for a commercial real estate property.

Searching for a new business location can be fun. That is until you face the confusing plethora of lease types. Commercial real estate leases will differ depending on the property and the landlord. Gross and net leases are standard property leases that you may encounter as you narrow your search for a location. 

What’s the difference between a gross and net lease? Learn more about these types of commercial leases, so you can decide which is right for you and your business. 

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Before You Sign, Check These 4 Lease Provisions

A commercial lease agreement sits on a wooden table next to a pair of glasses, money, and a pen.

Your business needs a new space, and you’ve found the perfect location. Before you sign on the dotted line, be sure to read your current lease carefully. You may have obligations to fulfill before you can move out of your space and into a new one. 

You should always review your old lease prior to entering a new commercial lease agreement. What provisions, or clauses, are in the lease? What do you have to do to move out? Can your landlord show the property in the meantime? Your lease agreement should provide answers to how you and your landlord will move forward. 

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