financial | Tomarchio Enterprises

Is a Pad Site Right for Your Business?

In the dynamic realm of commercial real estate, enterprises are actively exploring innovative avenues to establish a robust presence. One increasingly popular option is the incorporation of pad sites, presenting unique opportunities for businesses to thrive independently. Today we will discuss the concept of pad sites and assess whether they align with the strategic objectives of your enterprise. Decoding the Essence of Pad Sites A pad site stands as an autonomous commercial property typically situated within a shopping center or retail development. These sites, characterized by their standalone nature, often accommodate a single business or [...]

How Long Should My Lease Be for My Store?

Lease duration is a critical decision that can significantly impact your store's success. Tomarchio Enterprises, with a deep understanding of this complexity, offers valuable insights to assist in making an informed choice. In this article, we will explore factors to consider when determining the ideal lease duration for your store, taking into account your unique needs and goals. Aligning with Your Business Strategy Consider how well the lease duration aligns with your business strategy. Tomarchio Enterprises advises evaluating long-term goals. For businesses planning expansion, a shorter lease may be fitting. Conversely, established businesses might benefit [...]

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 [...]