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Key Features to Look for in a Retail Space

If you are in the market for a new retail location for your business, there are so many things to take into consideration. Everything from the geographical location and accessibility to foot traffic and parking need to be taken into account. Location and amenities can make or break a retail business, so choosing a location shouldn’t be taken lightly. Let’s look at some major factors to consider when choosing a retail space. Location While location isn’t the only thing that matters, it does matter a lot! The location of your retail store can have a [...]

How a Shopping Center Location Can Benefit Your Business

Advertising is an important way to drive traffic into your business, but there is another way you can find more customers, just by your location. Shopping center locations are a great option for businesses throughout Carroll County. Whether you are in the retail, medical, food service, or other industry, a great location can make a huge difference for your business. Let’s look at some reasons why a shopping center location can increase your customer base and help your business grow: Foot Traffic While advertising is an essential part of any business, foot traffic in a [...]

Choosing a Location for Your New Business

So, you’re starting a new business venture. Congratulations! But, before you can get started, there are plenty of things that you need to consider to ensure your success. After all, a new business can be risky. Failing to examine all the risk factors could land you in hot water down the line. Picking the right space to conduct your business is vital, especially when you're offering products or services to the public. Let's take a look at some things to consider when you're on the hunt for the perfect Delaware commercial space to lease: Consider [...]

When to Consider a 2nd Location for your Business

Are you looking to build upon the success of your business's original location? Expanding your business by opening a second location can bring additional profits, new customers, and extra prestige. However, these benefits come with additional risks. Take some time to analyze a few key things before considering opening your second location. Are There Better Alternatives? Has your business truly outgrown its first location? There are less expensive alternatives for businesses that haven't truly maxed out their current markets. These include things like: Increasing staff Opening an online store Diversifying inventory Targeting new audiences If [...]

Retail Leasing: Why Work with a Broker?

Are you thinking about leasing commercial space but are unsure if you should do it alone or with a broker? The most common mistake people make is underestimating how much time they need before they can move into a newly leased space. The result of that miscalculation can end up costing you thousands of extra dollars and ensuring plenty of headaches. For that reason, as well as many others, it's best to work with a broker. Check out some of the other ways that working with a broker can help you save time and money. [...]

How to Lease Commercial Real Estate

Looking for your next commercial space in Seaford, DE? Looking for a commercial space can be a tiresome and tricky process. There are a lot of different steps involved and a lot of things that you should consider. To help you with this process we wanted to take some time today to talk about how you can lease your next Seaford, DE property. Review Your Business The first thing you should do is take stock of your business and all of your needs. You'll have to figure out exactly how much space you need, who [...]

What a Good Location Can Do For Your Small Business

“Location, location, location!” You've heard it before, but it bears repeating that your retail store's location will significantly affect how well your business does. In fact, the number one rule in commercial real estate is that location can make or break a business. Let's break down this rule and learn more about how your small business can benefit from the right location. Customers Can Easily Find You Even with the technology of Google Maps and other navigation applications, we still find a way to get lost every once in a while. The right location for [...]

New Year’s Resolutions for Your Retail Store in 2020

With the new year right around the corner, it's time to start thinking about ways to improve your retail store's reputation and grow your business. Here are some things to consider doing for your retail store in 2020. Rearrange Your Store Has your store had the same layout ever since its grand opening? It's time to consider switching things up. There are numerous floor plans that you can use to arrange your merchandise and both pleasantly surprise your customers and increase sales. Something that you need to consider when deciding on a new floor plan [...]

3 Signs It’s Time to Move Your Retail Store

There's a lot that goes into running a retail business, and it can be difficult to keep on top of everything. If you've noticed a downturn in business, then you may be thinking about moving. Here at Tomarchio Enterprises, we've been providing our commercial retail real estate services to Maryland for years, and we wanted to take some time today to talk about a few signs it's time to move your retail store. Sign #1: Decreases in Foot Traffic Any successful company knows the minimum amount of sales they need to make, and the minimum [...]

Are There Special Considerations for a Commercial Lease?

When you're looking for a commercial space, you surely already have a lot to think about. You want to find a place where your business can truly grow and thrive, and you want to feel comfortable with the lease terms so that you can settle in comfortably to your new location. Let's take a look at the most important things to consider when leasing a commercial property. Length of the Lease Your lease terms will establish the length of time you are legally allowed to occupy the commercial property. While residential properties have lease terms [...]

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