What is a concession in a lease agreement? Good question. One-time rent concessions are usually offered to attract new commercial tenants or entice current tenants to renew their lease. Concessions can come in many forms from offering decreased rent for a period to reducing service fees. In commercial real estate’s current landscape, concessions on rent … Read more Can Rent Concessions Help You During COVID-19?
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 How Tenants & Landlords Can Try to Navigate COVID-19
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 to Apply for a Small Business Loan
Multiple national restaurant concepts have their top producing stores in Branson. The top 10 Branson restaurants average over $4 million in 2016. The top 10 Branson fast food concepts average over $2.2 million in sales last year. This community of just 12,000 population supports 5 successful McDonalds, several locations produce over $4M+ in Sales. Coming … Read more 9M Visitors Eat Out Twice Per Day