Is the chain you work for, like so many retail chains today, looking to lift net earnings in a challenging environment?
One thing to consider heavily if yours is a chain that owns a lot of its own properties is the sale-leaseback. A sale-leaseback is exactly what it sounds like: You sell your property, but you immediately lease it from the buyer so you can continue to operate your business. Why would you sell a property you still need to use? Generally speaking, you either want to get cash back out of your investment, possibly to put back into your business, or you want to end the headache that sometimes comes with owning the property where your business is located. . . . more