Location, Location, Location

Location is one of the most important factors to consider when opening a retail store. A store's location can make or break its success, as it directly affects its foot traffic, accessibility, and visibility to potential customers. Therefore, choosing the right location for your retail store is crucial for its long-term profitability and sustainability. When it comes to setting up a retail business, it's important to consider the location carefully. Here are some factors to keep in mind. Demographics The first thing to consider when choosing a retail location is the demographics of the area. [...]

New Retail Space FAQs

Opening a retail location is a big step for any business owner. Whether you’re renting space for your business for the first time or expanding and relocating, you probably have a lot of questions. At Tomarchio Enterprises, we’ve helped a lot of businesses in Maryland, small, medium, and large. We get asked many questions and wanted to go over some frequently asked questions for opening a new retail space. How Do I Choose the Right Location for My Retail Space? We’ve all heard it: location, location, location. Choosing the right location for your retail space [...]

Retail Lease Basics for Startups

Starting a retail business can be one of the most exciting times in an entrepreneur's life. However, finding the perfect location, negotiating the lease terms, and ensuring that the lease protects your business interests can be overwhelming. At Tomarchio Enterprises, we've been helping startups get into their retail spaces for years, and we wanted to talk about some of the basics of retail leases. What Exactly is a Retail Lease? Retail leases are legally binding contracts entered into between a tenant and a landlord. They include terms and conditions like the rent, length of the [...]

New Retail Space Checklist 

In the world of leasing commercial space, it pays to be prepared. Taking the time to conduct research, do your due diligence, and prepare for the unexpected expenses will help you secure the best possible commercial real estate for rent. While every business is different, and that means different needs, it helps to have a simple checklist when looking for a new retail space. Take a look at this simple yet helpful checklist for renting a new retail space.      Budget for the Expected and Unexpected Nothing is guaranteed, and no matter how much [...]

How Much Space Do I Need for My Store?

Opening up a new business, or a new location for your business can be an exciting time, but it can also be an extremely challenging time. You’ve got a lot on your plate, and a lot to worry about. One of your primary concerns is probably just exactly where this next location will be. You may have an area in mind, but you still need to find a space that will perfectly accommodate you and your business. At Tomarchio Enterprises, we have many commercial locations available for lease, and have been working to place entrepreneurs [...]

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