Reply to Restaurant owners / Small business what is the survival strategy?

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[quote=Anonymous][quote=Anonymous]TBH there are lots of small businesses in my area that sold over priced goods and food that weren’t going to survive anyways. And I don’t feel bad for them.

There are also just too many of the same type of businesses and if some close it won’t be a big deal either.

Lastly it would be nice if this was a wake up call to some of the local retail landlords to stop pricing out established small businesses with massive rent increases.[/quote]

It'll exacerbate the problem. One common complaint about all these "town center" malls that seem to be popping up these days is all the tenants are national chains -- Chipotle, Uncle Julio's, Panera, etc. No local businesses. The reason is landlords know a national chain has better ability to pay the rent even if that location is not performing well.

This will just make it worse -- the small businesses that are out there will stop paying rent and go under, and landlords will be even less likely to rent to them in the future = customers will complain more about the lack of local businesses.

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