Rent assessment has long been a difficult area for many in the trade
Despite knowing the trade levels that the pub can realistically operate on and the costs of running that business, the fair and maintainable trade, the numbers are often manipulated and in many cases the rent levels are very high.
As explained in this section of our five-part series, Business Development Managers (BDMs) will always try to protect the rent at the highest level possible as they do not always know what trading levels will be.
We also see less of an ability for BDM’s to work with the publican to set a realistic level of rent and reach a compromise deal.
It’s an area of your business that you need to be aware of because, as it is said in the film, having the knowledge, knowing how to be heard and who to speak to is key information that every publican should know. The Forum of British Pubs can help you with this.
Please watch the series and join the Forum of British Pubs in our support of the people who run pubs and bars. Become a member today and get essential business advice and guidance or you can sign up to support our campaigns for free. We need YOUR voice to make real, meaningful changes.
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Rent assessment has long been a difficult area for many in the trade
Despite knowing the trade levels that the pub can realistically operate on and the costs of running that business, the fair and maintainable trade, the numbers are often manipulated and in many cases the rent levels are very high.
As explained in this section of our five-part series, Business Development Managers (BDMs) will always try to protect the rent at the highest level possible as they do not always know what trading levels will be.
We also see less of an ability for BDM’s to work with the publican to set a realistic level of rent and reach a compromise deal.
It’s an area of your business that you need to be aware of because, as it is said in the film, having the knowledge, knowing how to be heard and who to speak to is key information that every publican should know. The Forum of British Pubs can help you with this.
Please watch the series and join the Forum of British Pubs in our support of the people who run pubs and bars. Become a member today and get essential business advice and guidance or you can sign up to support our campaigns for free. We need YOUR voice to make real, meaningful changes.
