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When a business fails, it impacts more than the owner; it also has a ripple effect on distributors, vendors and, of course, landlords. Landlords, then, can be negotiated with to reduce the rent on a business, because it is cheaper for them to keep an existing tenant, even at a reduced rate, than it is to try to find a new tenant. This white paper, sponsored by Lease Resolutions, discusses four strategies to negotiating a lease reduction, including:
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