startupnation business beat

WJR Business Beat with Jeff Sloan: Real Estate Expert Renee Acho on Paying Rent During COVID-19 (Episode 24)

What do you do if you’re a small business and you can’t pay rent this month due to COVID-19? What do you do if you’re a landlord and you need those rents coming in?

On this morning’s WJR Business Beat, Jeff offers advice to any small business owner struggling to pay his or her rent this month:

  • Apply for the various disaster relief programs available to you. If you’re unsure how to do this, check out Automation Alley’s webinar for tips
  • Apply for an economic injury disaster loan, also known as an EIDL, at sba.gov
  • Communicate directly with your landlord

Business owners are not alone; if you’re a landlord, you’re also likely struggling.

Let’s take a listen to how top real estate broker, Renee Acho, is handling this with her tenants:

“If you as a small business owner or a landlord of a commercial building and you have just been provided release to your company, you then can offer that to your tenant. That’s what we’re doing. We are actually providing free rents for the next month to our associates because our landlord was able to provide that to us as a result of what he’s being offered from the SBA loans.”

– Renee Acho


StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here

Tune in to News/Talk 760 AM WJR weekday mornings at 7:11 a.m. for the WJR Business Beat. Listeners outside of the Detroit area can listen live HERE.

Total
0
Shares
Previous Article
e-commerce

How Your Brand Can Adapt to Rapidly Changing Consumer Needs with E-Commerce

Next Article
startupnation business beat

WJR Business Beat with Jeff Sloan: SBA Paycheck Protection Program (Episode 25)

Related Posts
Read More

Ned Staebler of TechTown and Wayne State University on Challenges to Equitable Economic Growth

The president and CEO of TechTown Detroit and vice president for economic development at Wayne State University, Ned Staebler, talks with Jeff Sloan about the group’s pursuit of equitable growth, funding and access to opportunity for entrepreneurs. He shares success stories, but also explains the significant changes to communities that have to occur to draw...
Read More

Howard Handler of 313 Presents on the Business of Entertainment

Howard Handler, president of 313 Presents, talks with Jeff Sloan about live events in Detroit and how the pandemic forced venues to get creative. Learn why artists consider Detroit a go-to destination and how the area is poised for growth. And just wait until you hear where Howard’s career has taken him. Tune in below:...
Read More

WJR Business Beat: The Great Story Behind Better Made (Episode 407)

On today's Business Beat, Jeff Sloan and Paul W. Smith preview a new episode of Business Biography on Better Made Snack Foods, an example of the business diversity and entrepreneurial spirit in Detroit. Tune in to today’s Business Beat to learn what set Better Made apart from its competitors:     Tune in to News/Talk...