As the pandemic continues, and financial aid starts running dry, small businesses are struggling. The hardest hit are those that rely on brick-and-mortar spaces – gyms, restaurants, hotels, shops and the like. How can you keep paying rent when you literally have no...
Small Business
Small Business
More favorable lease terms for struggling small businesses
With the pandemic showing no signs of slowing down, small businesses across the Northeast are gearing up for the double whammy of COVID and influenza season. Although measures such as PPP (Paycheck Protection Program) and Economic Injury Disaster Loans (EIDL) have...
How small businesses can navigate commercial lease renegotiation
If your small business has been suffering since COVID, you're not alone. According to a recent survey by the U.S. Census Bureau, more than 50 percent of small businesses nationwide have been negatively impacted by the pandemic. Businesses that depend on physical...
3 tips for small businesses struggling to make rent
The still-unfolding COVID pandemic has taken a toll on all segments of the economy. Small businesses in brick-and-mortar industries – retail, restaurants, fitness and hospitality, to name a few – are among those hit hardest. Without revenues flowing in, it can be...