128: Commercial Workspace and Business Owners in 2023 with Dr. J
“Commercial real estate is tough for smaller businesses…”
Before we get started… As mentioned in episode 127 of Real Estate with Soul the podcast, the previous episode on profit and loss can be found here!
Today we had the pleasure of having Dr. J and oh boy was it a great conversation!
It’s ALL about LOCATION these days right that makes a small business and their commercial workspace successful? but… Has it improved since C o v i d ??
Well… it depends,
-> Depends on the type of business really.
-> Location , location. Location
—Used to be-> that meant that it was about visibility. Can people see your business, Is there parking available? Now -> all about if you can find the right commercial real estate that won’t charge a larger amount of fees or isn’t conducive to your business. THAT IS THE TOUGH PART!
Commercial real estate is tough for smaller businesses.
So, Are people coming back into the office? ?
What we see right now”
-> Businesses trying to bring in older generations
-> Not everyone can work at the office/ or at home.. so where does that leave them?
—>Not sure what to do right now with your commercial workspace??
—— Keep it! but open up your scope of clients. Ex: A dispensary, music studio etc. NOT just your traditional insurance office space.
Tune into the episode to hear MORE!
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See You next week for a new episode!
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Pierre and his book “The Psychology of Me” also available on amazon.com