Re-Negotiate Your Lease & Save Your Business

Cash Strapped Business Owners Negotiate Improved Lease Terms with Landlords

Riverside, CA – January 28, 2009 - According to Pablo Fonseca, landlords in the Inland Empire understand the current business environment their tenants face and they are ready to help share the economic burden knowing that a fraction of some rent is better then no rent at all.

Mr. Fonseca, a principle at Spectrum Business Advisors and LeaseDr.com, believes that landlords in today’s economic environment are more then willing to grant rent relief especially if a tenant takes prompt action and keeps the following actions in mind:

1. Just as you had to apply for your lease initially, you will need to “apply” for rent relief. This “application” will clearly explain your situation and a well thought-out plan for executing your turnaround.

2. Approach your landlord with a complete plan ASAP. The earlier you involve him/her, the more seriously he/she will take your commitment to succeed.

3. Involve a professional. A very clear signal to your landlord that you are serious about surviving (an not leaving) is involving another party to help orchestrate your lease modification.

The web site, LeaseDr.com helps guide entrepreneurs through the rent relief process. A well thought out plan, and the desire to weather this rough economy and emerge as a stronger business are key components to gaining favor with your landlord. Ultimately landlords want tenants that are in business for the long term and with the right approach they are willing to temporarily lower or even forgive rent.

Mr. Fonseca concluded by stating that, “During these tough times no one wants to lose a customer, especially one paying thousands of dollars a month. You just have to be prepared, sincere, and well organized before you present your plan to the landlord.”

Pablo Fonseca has been dealing with leases and landlords for over eight years. As a business broker with Spectrum Business Advisors, he negotiates and re-drafts leases with just about every closed sale. You can reach him at 951-235-4078 or through the web site at www.LeaseDr.com