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Presenter outlines steps to negotiate commercial leases; Hennepin County program offers legal help
Summary
A Spanish-language webinar described five evaluations and a multi-option negotiation plan for small businesses facing rent stress, underlined Minnesota's eviction process, and highlighted Elevate Hennepin resources (including 25 hours of consulting and Spanish-speaking attorneys).
The presenter laid out a structured approach for small-business owners to negotiate commercial leases during financial hardship, emphasizing preparation, legal review and written proposals. The talk stressed five evaluations owners should make before negotiating: cash on hand, clientele and location, investments in equipment and premises, outstanding business debts and personal goals.
Why it matters: the presenter said that careful preparation improves leverage, can avoid eviction and preserve personal assets. "La ley en Minnesota es que usted tiene posesión de su local y que nadie le puede sacar sin orden de corte," the presenter said, underscoring that eviction…
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