Lease Negotiation Options for Small Business Owners
While some Covid restrictions have eased, small businesses are trying to stay open with vaccine mandates, under safe distancing orders, and other restrictions that cause hundreds of thousands of businesses big and small to struggle to remain afloat. Small business owners have been hit the worst, serving their customers while dealing with increased costs in taxes, payroll, procurement and rent & lease payments. There are potential options for small businesses including lease restructuring options for business owners during Covid-19, including “Rent Abatement”, “Rent Deferral” and “The Blend and Extend Method”.
Blox
Business articles, Information & Resources