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
Leave a Reply
Related Posts
field marketing
Read More

Top Startup Leaders Offer Marketing and Branding Secrets

Diving into the world of startup marketing, we've gathered insights from CEOs and founders to unveil one effective strategy that has propelled their businesses forward. From the impact of inbound marketing to the power of...
brand credibility
Read More

Building Trust: Reputation Management for Retail Startups

Customer trust is your startup's most valuable asset. It sets the foundation for long-lasting business relationships, fosters brand loyalty and drives growth. When people trust your business, they are more likely to buy from you...