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24 Nov I have a small fashion boutique store and after being at my current location for 3 years, my landlord has raised my rent and I simply cannot afford to stay here any longer. I have looked around for a new home for my store but the asked rent is too high for me. I would love to be able to negotiate with my existing landlord but need help with the strategy. What can I say to him so he will agree to reduce the rent?

Posted at 15:39h in by Emadvisory Corp 0 Comments
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First of all, keep in mind that real estate works in cycles. By agreeing to a longer-term lease with your landlord, you might put yourself at a slight disadvantage in the future, let that idea alone for now. Remind him that it won't be easy...

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24 Nov I’m considering offering teleclasses to my employees so they can learn new things. Is there an advantage to doing it this way rather than holding a company retreat or similar and doing it in person?

Posted at 15:39h in by Emadvisory Corp 0 Comments
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There are several advantages to a teleclass if your company is large enough to support it. You can reach a wider audience for less cost. It's more environmentally sound to not have people traveling all over the place. People can review later if they want....

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24 Nov Membership at my gym is falling. I’ve been in business 2 years and have state of the art equipment. I’m actively advertising and have established a presence in a local community, but don’t seem to attract enough of the new members and in addition our rate of renewal from the existing clients has started to decline. How can I turn this around?

Posted at 15:39h in by Emadvisory Corp 0 Comments
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While it sounds like you're doing the right things to run a gym if you want to draw new people in, you need to do something unique. What kind of group fitness classes do you offer? Talk to your existing members or set up a...

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24 Nov My wife and I have a well-established dry cleaning business. Due to increasing operating costs we are in a real need to raise our prices but are concerned that a lot of people will complain and that potentially we can lose some of our customers. Anything we can do to make this a smoother transition?

Posted at 15:39h in by Emadvisory Corp 0 Comments
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Honestly, you may be worrying too much about this. A common problem that small business owners have is that they underestimate their own product and its worth. A reasonable price increase is unlikely to drive away most of your key customers and might even draw...

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