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At Your Service October 2007

October 2007

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To Lease or Purchase

A key decision for retail businesses

by Michael G. Gatlin, Esq.

I spoke with a friend recently who was trying to start his own business. He told me about his idea for the business, who his customers were likely to be, how he was going to price his product and when he thought he’d be able to start making a profit. But then he made a most telling statement; he said “Running the business is the easy part. It’s the side issues, like location and start-up financing, that are taking up all of my time.” He makes a good point. For most businesses, however, location is a key element, not a “side issue”. You need to be accessible to your clients/customers, you want your surroundings to be attractive so that you convey an image of success, and you don’t want to pay any more for those qualities than you have to.

For the full story, click here.

Mike Gatlin is a shareholder of Ruberto, Israel & Weiner and a member of the firm's Retail, Food & Hospitality Group.

About Our Group

Ruberto, Israel & Weiner believes attorneys should have comprehensive knowledge and expertise in the areas of law in which they practice and the industries served. Attorneys in RIW’s Retail, Food & Hospitality Group have provided legal services to industry clients for over 20 years. Additionally, our attorneys organize seminars, lecture, write articles, participate in trade associations, and serve on Boards of Advisors for retail, food and hospitality industry companies.

For a full description of our Retail, Food & Hospitality Group, including a list of representative clients, click here.

Industry Group Attorneys

Kelly Caralis, Mergers & Acquisitions and Leasing