Opening up the doors - how much should you have saved up for the lease?

[Flybye]

Hi all,

When opening up your shop for the first time, how much cash do owners usually have to pay the lease for x number of months if there is zero income? I find it hard to think I would have zero sales for a few months since I know the product and have done so for another, but Id like to gauge on what a small business owner "should" have for at least a few months of lease if there is no sales.

 

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[Vigilante]

Hi all,

When opening up your shop for the first time, how much cash do owners usually have to pay the lease for x number of months if there is zero income? I find it hard to think I would have zero sales for a few months since I know the product and have done so for another, but Id like to gauge on what a small business owner "should" have for at least a few months of lease if there is no sales.

Somewhere in-between 2 months and 36 months based on the product category

 

[LightHouse]

Are you negotiating a lease right now? You typically have to have pretty strong financials to get a place that isn't a shit hole.