When you own a business, or run your own company, you know you’ll have to wear a few hats. Running point on maintenance, bookkeeping, collections, marketing, and the general day-to-day work of putting out fires is just what you and your small team do to make things work. But working smarter, not harder, is key to not letting those fires overwhelm you. Learning tried-and-true methods helps you build a better business—and helps your tenants thrive.
Paying attention to trends and being open to change can help any entrepreneur stay ahead of the game. For leasing agents, this means paying attention to the billions of active participants in social media as well as up-and-coming research tools that can save you time and money while targeting retailers. Here are 5 ways to hack the retailer search and find the right fit without a traditional broker.
Residential evictions have once again been stayed by the government as the Biden administration extended the foreclosure and eviction moratorium for pandemic relief. While recent announcements promise more federal government aid is on the way for small business, commercial tenants may not have the same extended reprieve.
Medical marijuana is now legal in 36 states, and recreational use is legal in 15 (plus D.C.). The legal cannabis market is expected to exceed $73 billion by 2027, and the mood across the country has irrevocably shifted in how cannabis is viewed and used. Most notably are the cannabis dispensaries and retailers popping up all over the country.
A certain type of chef has always run with the rich and famous, but food turned entertainment has made way for celebrity chefs to become household names. As they build their empires, celebrity chefs are tapping into trends and pleasing fans with the opening of affordable restaurants. Here are 5 options to consider bringing to your locations in 2021.
Stars—they’re just like us! Flip through any gossip rag at the checkout counter and you’ll see the rich and famous picking up coffee, grabbing groceries, or hitting the gym. You may even get a little zing when you recognize one of your favorite retail locations—in fact, brands are counting on that zing.
Who doesn’t have memories of walking the overstuffed aisles of Toys ‘R’ Us, or the thrill of a Geoffrey Giraffe spotting? When iconic toy emporium Toys ‘R’ Us closed its doors in 2018, the fallout was messy. And recent reports aren’t promising for the toy brand. But how did they get here?
It’s hard to imagine a world without easy access to an Old Navy for a new t-shirt, a Starbucks at every turn, and easy access to fresh ingredients at a grocery store—no matter where you may travel. But 2020 proved that even massive retail chains with national presence weren’t immune to the long-term effects of COVID-19. And some reports predict thousands more closures this year.
COVID-19 has hit California hard—sweeping closures, lockdowns, and high levels of infection are ongoing. But with grit, determination, and the grace of some really good fried chicken, retail continues to find its foothold. While some large scale brands are pressing pause on California, small businesses are staying nimble and looking to fill market demand. Here are 4 brands that have expanded this year, despite the challenges.
The craft beer boom is no secret. Many brewpubs offer the perfect place to have a drink, enjoy a good meal, and—bonus—lingering is totally encouraged! Where there’s craft beer, board games, corn hole, and other low-stakes group activities, a good time is sure to follow. Adding a brewpub to your retail space often means providing a home away from home for the local community.