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Small Business Center

Small Business Owners Face Rent Crunch

August 30, 2022

While rental prices are easing nationwide, a growing number of small business owners are struggling to make full rent payments, according to a survey from Alignable. CNBC reported that the combined rise in labor, transportation, energy and raw materials prices put a particular strain on small businesses, which also have to contend with rising rents for their retail spaces. Landlords actively are seeking full payments but also want to avoid empty storefronts, which allows small business owners to negotiate with their landlords.

Small Business Center

ICSC champions small and emerging businesses in getting from business plan to brick-and-mortar.

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