Long-term leases almost guarantee landlords a reliable stream of income. Most brokers and landlords prefer a longer term lease for many reasons. There is often never an issue of re-letting the space or any of those expenses until the expiration, so this gives the stability to both the landlord and the broker. Consider a short-term lease with renewal options if your business is growing, as this will allow for that expansion. A renewal clause...

Okay, you have been down this road once or twice. You have been in business for several years, or maybe you are new to the retail world. The problem is you are stuck in this crazy roller coaster of an economy and sales are not where you had originally thought they would be. Your five year plan is about to implode, so what do you do? You have some options. The first thing is to renegotiate your lease or mortgage to a better suited financial...