How Long Should My Store Lease Be?

Are you looking for a new location for your business? There are a lot of factors you need to take into consideration when choosing your new location. You need to worry about having enough space, where you’re going to put everything, hire new employees, establish local relationships, and so much more. One additional thing you’re going to have to figure out is how long of a lease you would like to sign. At Tomarchio Enterprises, we’ve helped a lot of business owners in Maryland, and wanted to talk about what you should take into account [...]

Success Factors for Local Retail Stores

Trying to successfully run a small business can be a nearly impossible task, especially if you don’t have the right location. At Tomarchio Enterprises, we work with a lot of small business owners from a variety of industries and wanted to take some time today to talk about a few different factors that can influence the success of local retail stores. Cater To Local Consumers When setting up a shop, you need to consider the community you’re doing it in and should cater to what goods and services you provide to that community. The worst [...]

The Right Retail Location Can Make or Break Your Business

For most kinds of business, your location is very important. At Tomarchio Enterprises, we’ve been helping business owners find their perfect retail spaces in Maryland for a long time, and we can help you too.  We wanted to take some time today to talk about just why choosing the correct location can make or break your business. What Other Businesses Are Nearby? When choosing a location for your business, you need to think about what other businesses surround it. Are there any competitors? Unless your goal is to hurt your competitor’s sales, you likely want [...]

Tomarchio Properties Are at the Center of Their Communities

Shopping is more than just access to goods. It’s about connecting and engaging with the local community who consistently give their loyalty, trust, and support. Our properties are vital to the communities in which they reside. Central Location Our properties are in easily accessible locations near popular and heavily traveled routes. We analyze traffic patterns and select locations where our shopping centers will be a destination. Many of our shopping centers house the only retail stores in the area, filling a need for the community as a whole. Provide Convenience Each of our five properties [...]

Why Open a Business in Seaford, Delaware?

If you’re looking to open a business, then you already know that location is critical. Many business owners believe that they need to open a business in an overcrowded city to be successful. However, that is not the case. If you haven’t thought about opening a business in Seaford, Delaware, here are some reasons why you should.   Loyal Customers Seaford, DE has a population of around 7,700 people. Although it’s not the largest city, it certainly has the potential to develop a loyal customer base. One of the benefits of opening a business in [...]

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 [...]

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