I am looking to expand my barbershop and looking for direction in the real estate industry.
I'm a Retail Real Estate Consultant and Broker. I've run retail stores and continue to operate in retail real estate in multiple states.
I'd be happy to connect with you. I'm reachable via the ACP website, or at 860-928-7660, or firstname.lastname@example.org.
Thanks for writing, and thank you for your service!
For information on expanding your small business, check out the below:
Expanding Your Business - https://www.foxbusiness.com/features/6-tips-for-expanding-your-business-regardless-of-the-economy
10 Ways to Grow Your Business - https://www.entrepreneur.com/slideshow/299772
The Nuts and Bolts of a Great Business Plan - https://www.acp-usa.org/sites/default/files/resources-files/NutsandBolts2014.pdf
SME Toolkit - http://www.smetoolkit.org/en
For more advice, feel free to check out our community page and search for Advisors with expertise in small business and real estate. They will be able to provide more direct, poignant advice on how best to approach your situation. When you find an Advisor with the background you're looking for, you are welcome to message them privately with your question.
I hope this is helpful!
All the best,
Congratulations on the success of your barbershop, Kristy! My best advice is to build your portfolio by branching out into areas that can serve as an additional revenue stream. You mention real estate... as someone from the Bay area, I know that parking is a rare commodity. Consider buying (not renting) a property with a parking lot that can be rented out to a nearby area venue. It's good to work without working! Continued success, my friend!
You should definitely connect with a local commercial real estate broker that specializes in retail to discuss your needs. Their fees are paid by the landlord but the broker representing you should not work for the same company as the landlord if possible and should indicate they do if that is the case due to a potential conflict.
You should contact your local SCORE office. Score is affiliated with the SBA. Score is set up to help small buisness owners with various business issues. The services are free.
Best of luck
Here are some resources:
Office of Veterans Business Development
Small Business Development Centers - Small Business Administration
Service Corps of Retired Executives
Please log in to answer this question.