5 Problems You May Encounter When Leasing a Commercial Space

Whether you’re starting a new business or moving your current business into a new building, you’re sure to run into problems when signing a new lease. Don't go through the process not knowing what to expect. Here are five of the most common issues you may encounter when leasing a commercial space: The Space Itself  As a business owner, you need a space that will fit the unique needs of your business. You may encounter retail spaces that aren’t suitable for your business. So, whenever you tour a building, be sure to ask what exact [...]

3 Reasons Why Leasing a Commercial Space is the Right Choice

These days, you have plenty of options when it comes to running a business. Will you run it from your house or will you run your business in a commercial space? If you’ve decided to run your business in a commercial space, there’s the decision of whether you’ll lease or buy a commercial space. Both options come with their pros and cons, however, many business owners are choosing to lease a commercial space. Here are three reasons why: No Down Payment When you purchase any building, you’re usually required to put a down payment of [...]

Where Can I Open my Business in Mt. Airy, MD?

Mount Airy, Maryland is a wonderful place to open a business. Did you know that in 2018, the average median household income for Mt. Airy residents was $117,341? This is higher than the U.S. median household income at that time which was $63,179. There is money to be made in this community, but where your business is located in it makes all the difference.  Things to Consider When looking for a commercial property in Mt. Airy, keep in mind three things:  Location Growth potential  Access routes Where is the property located? Is it a high [...]

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 [...]

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 [...]

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 [...]

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 [...]

Considerations for Leasing Office Space

When you're looking for your next office space, there are a lot of things that you need to consider. This is going to be a big decision, and you want to get it right. After all, you don't want to have to seek out another office space to lease in a couple of months. Here at Tomarchio Enterprises, we've been assisting the good folks of Seaford, DE with office leasing for a while now, and we've learned a good bit. We wanted to take some time today to talk about some of the different things [...]

3 Reasons to Lease a Retail Space

When it comes to finding a retail space for your business, you have the option to either buy or lease real estate. Many business owners love the idea of owning their business location outright, but there are more benefits to leasing than you may realize. Here are a few of the best reasons to lease a retail space for your business. Reason #1: It's Less Expensive Buying a retail space requires much more from you than leasing. Most business owners must take out a loan and finance their purchased property, and typical SBA loans require [...]

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