Commercial Lease Lengths: How Long Should Your Term Be?

Exterior image of a new strip mall with empty shops waiting for tenants to sign commercial lease agreements.

Most landlords prefer signing long-term leases because it’s challenging to find tenants. Landlords would like to keep a good tenant for as long as possible. As a business owner, you may not be ready to sign a 10-year lease. How long of a lease should you sign? Should you ask for a shorter agreement or … Read more

All About Occupancy: Tips for Estimating Restaurant Rent Costs

Empty cafe interior with modern chairs and tables.

Owning a restaurant is expensive. It doesn’t matter if you’re a fine dining establishment or a fast-food franchise. With labor and food costs, point of sale systems and marketing efforts, you won’t have a lot of wiggle room in your budget.  Rent is one of your largest fixed expenses as a restaurant owner. Rent plays … Read more

5 Reasons to Bring Your Business to Branson

View from above of Branson, MO street traffic at night.

Branson, Missouri has earned several monikers since it’s establishment in 1912. It’s been called “The New Nashville” because of its bluegrass and country music roots. While Branson is indeed the “live music capital of the entire universe,” it’s got more than a selection of live shows to draw tourists. Branson is bustling with retailers, restaurants, … Read more

How to Calculate Percentage Rent for Retail

A young couple window shops together at a retail shopping center.

Shopping centers rely on a unique mix of tenants to draw customers. Who doesn’t enjoy grabbing a bite to eat after purchasing a pair of tennis shoes? Malls and other multi-tenant spaces allow visitors to dine, browse and receive services in one location. With multiple restaurants and retailers, these spaces expect to see more foot … Read more

How to Open a Restaurant: 10 Considerations

Cheerful business owners standing with open blackboard.

Opening a restaurant is no easy feat. It takes time, commitment and capital. As the owner, you will work long hours planning deliveries, reviewing finances and payroll, and forming relationships with customers. Restaurant owners have faced even more responsibilities and challenges due to COVID-19. Though it’s hard work, owning a restaurant can be incredibly rewarding. … Read more

Can Rent Concessions Help You During COVID-19?

Portrait of young small business man owner with face mask at checkout.

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