0246 - Brick & Mortar Reimagined

Course Description

Brick & Mortar is not dead and most small businesses still need some type of physical location. But what they need now may look very different than it did pre-pandemic. This session covers basic and advanced topics for leasing a commercial space and also addresses changes we have seen during the pandemic. 

Course Outline

• Site selection
• Zoning and compliance
• Lease structure and money flow
• Rent Calculator Tool
• Terms and other provisions
• Adapting for the Pandemic and beyond
• Q&A 

Learner Outcomes

• Understand the importance of ingress/egress, visibility, traffic patterns, signage restrictions, tenant mix, parking and exclusivity.
• Understand the difference between zoning compliance and building/business compliance. 
• Understand the different types of leases and how to calculate the actual rent and other expenses. 
• Understand how to determine and negotiate lease terms, other costs and landlord contributions. 
• Understand the legal and personal ramifications of entering into a commercial lease.
• Identify industry trends that may drive space selection.
• Learn how to repurpose space in an existing lease. 
• Learn how to modify business operations for a new space.

Notes

A Public Service and Outreach Unit of the University of Georgia. Funded in part through a Cooperative Agreement with the U.S. Small Business Administration. All programs of the UGA SBDC are open to the public on a non-discriminatory basis. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance.