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5 Common Mistakes Businesses Make When Leasing Retail Space

Leasing retail space is a big move for any business. It often means more growth, new customers, and fresh opportunities. Choosing the right lease can help ensure long-term success, while the wrong one can cause problems that last for years. At Tomarchio Enterprises, we’ve noticed that many business owners face the same problems repeatedly. The good news? Most of these issues can be avoided with proper planning and support. Here are five common mistakes to avoid when leasing retail space. 1. Choosing a Space Only Because the Rent Is Low It's simple to be [...]

5 Tips to Help Boost Traffic at Your Business

Whether you’ve been experiencing a lull or are just looking to boost business, trying to figure out how to do so can be difficult. There are lots of other businesses out there, all of them vying for the consumer’s attention and the contents of their wallets. Trying to stand out amongst the plethora of other businesses out there can be tough. At Tomarchio Enterprises, we’ve been helping business owners, large and small, with all of their real estate needs, and we wanted to talk today about five tips to help you boost traffic to your [...]

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 [...]

How Much Space Do I Need for My Store?

When planning to open a retail store, the amount of selling space is one of the most important factors in selecting a location. If you choose a space that is too small, you won't be able to maximize your sales. If you choose a space that is too big, you’re overspending on square footage. Here’s what you should consider when determining the perfect amount of space for your store. Square Footage The obvious thing you need to consider is the optimal amount of square footage. How much square footage can you afford without taking on [...]

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 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 [...]

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 [...]