This article outlines strategies every business owner should consider before speaking to their landlord to try to reduce rent expense, and how to treat this as a negotiation that takes both sides’ priorities and incentives into account.
The first step in a successful negotiations of rent payments is to understand the point of view of the landlord. While there are many different types of property investors who may own your business space, the most important features for negotiations are their cash position, attitude towards risk, and the ability to bear a rent reduction, as well as their contractual obligations.
Not to change the topic here:
Sinch acquires SAP’s Digital Interconnect messaging business for $250M – TechCrunch
M&A activity has generally slowed down in the weeks since the novel coronavirus took a grip on the world, but there have been some pockets of activity in the tech industry when the price is right or when the divestment/acquisition just makes sense.
The world of messaging brings us the latest development in that theme: SAP , the CRM and enterprise software giant, is selling its Digital Interconnect messaging business to Sinch , a Swedish cloud voice, video and messaging company.
Senate Democrats' attempt to force vote on small business oversight fails after Rubio objects -
(CNN) After returning to Washington, Democrats want to make this week about oversight and attempted to force a vote Tuesday over providing more transparency on one stimulus program to make their point, but the effort failed after running into a Republican objection.
As Pittsburgh-area employers balance health and business, nonprofit develops tool to help |
And here's another article:
Airbnb is cutting 1,900 jobs thanks to the coronavirus pandemic - Business Insider
Airbnb, hit hard by the global coronavirus epidemic, is laying off about 1,900 workers, or 25% of its staff, company CEO Brian Chesky told employees on Tuesday.
The job cuts are intended to help the home-sharing startup weather an economic shock that has frozen worldwide travel and halved the company's revenue. Among the groups affected by Tuesday's restructuring are those focused on transportation and luxury residences, as Airbnb seeks to reduce costs and position itself for a travel market that Chesky said will look much different after the pandemic.
CNA hit with class-action suit for denying business-interruption claims
CNA Financial CEO Dino Robusto just yesterday told analysts the Chicago-based business insurer isn’t required to cover losses due to forced closures to combat COVID-19.
Robusto tried to reassure investors on the earnings call yesterday. “On property policies, whether issued in the U.S. or international, all have exclusions barring coverage for viruses,” he said.
“(Valley Forge) also agreed to ‘pay for the actual loss of business Income’ that plaintiffs sustain ‘and reasonable and necessary Extra Expense’ that plaintiffs incur ‘caused by action of civil authority that prohibits access to’ the covered property when a covered cause of loss causes damage to property other than the covered property,” the complaint stated.
Pasco approves more funds for business grants, food and household expenses
NEW PORT RICHEY — As the economic impacts of the coronavirus emergency continue into another month, Pasco County commissioners on Tuesday expanded their fund for small business grants and offered new help to pay bills and feed hungry residents.
Pasco County has been awarded $96.7 million as part of the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act to help offset the impacts of the pandemic.
Last month, commissioners approved a program to provide grant money to help businesses that had closed and were already seeking government aid. In a day, the county got 1,461 applications. The $2 million set aside for the program was originally estimated to be enough to provide 400 grants. The application period has been closed.
Best Business Credit Card for Average Credit
A business credit card can serve as a great way to help separate your company expenses from your personal ones, as well as another opportunity to earn more sign-up bonus offers . For example, new cardholders of the Capital One® Spark® Cash for Business can earn a one-time $500 bonus once spending $4,500 in the first three months.
But during uncertain times like these when your company may be cash-strapped, a business card can also step in to help you stay afloat .
Happening on Twitter
People struggling on $2k a month have no lessons to learn from someone who has taken so much and contributed so lit… https://t.co/0zasnUvKZE bruceanderson (from Ottawa) Tue May 05 13:37:50 +0000 2020
I'M NOW FULFILL FINANCIALLY BECAUSE OF THE LOAN I GOT FROM LFDS .I would like to bring this to the notice of the public about how i came in contact with LFDS after i lost my job and being denied loan by my bank and other financial institution due to my credit score. I could not pay my children's fees. I was behind on bills, about to be thrown out of the house due to my inability to pay my rent, It was during this period my kids were taken from me by foster care. Then i set out to seek for funds online where i lost $3,670 that i borrowed from friends which i was rip off by two online loan companies. Until i read about:Le_Meridian Funding Service (lfdsloans@outlook.com / lfdsloans@lemeridianfds.com) somewhere on the internet, Still wasn't convince because of what i have been through until a relative of mine who is a clergy also told me about the ongoing loan scheme of LFDS at a very low interest rate of 1.9%% and lovely repayment terms without penalty for default of payment. I have no choice than to also contact them which i did through text +1-989-394-3740 and Mr Benjamin responded back to me That day was the I'M best and greatest day of my life which can never be forgotten when i receive a credit alert of $400,000.00 Usd loan amount i applied for. I utilized the loan effectively to pay up my debts and to start up a business and today i and my kids are so happy and fulfill. You can as well contact them through email: (lfdsloans@outlook.com / lfdsloans@lemeridianfds.com) WhatsApptext helpline: +1-989-394-3740 Why am i doing this? I am doing this to save as many that are in need of a loan not to be victim of scams on the internet. Thanks and God bless you all, I'm Oleksander Artem from Horizon Park BC , Ukrain.
ReplyDelete