Plat Commercial

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First-time prospective brick and mortar business owners, you’re going to want to read this!

Officially having a commercial space is a monumental feat and it’s perfectly normal to have a mixture of emotions. To help make the process a more seamless experience, we have four helpful tips for you.

📌Solidify your business plan before you look for a space to figure out how much rent you can afford.

📌Engage a broker early on to allow ample time to find the space. The process can easily take 6 months to a year so we highly recommend having those conversations early.

📌Have a buyer and a sample of your business plan available to show landlords. Sharing this information with the landlord will show this as a viable option.

📌Be ready to provide and approve your financials (personal statement) in order to guarantee the lease as most landlords will want this.

Want to learn more about this process? Send us a DM and we’ll be happy to chat.