Q&A
SBS support for industrial businesses facing rent increases
0:34:53
·
77 sec
Council Member Aviles inquires about how SBS supports industrial businesses facing unaffordable rent increases. SBS representatives outline their assistance programs and educational initiatives.
- SBS offers a commercial lease assistance program providing free legal representation for lease negotiations
- Educational programming focuses on helping businesses adapt to the current environment
- Programs aim to help businesses with revenue generation and navigating various operational costs
Alexa Aviles
0:34:53
So, thank you for that.
0:34:56
In terms of the questions around, you know, industrial businesses facing unaffordable rent increases, how do you support that in this work?
Kitty Chan
0:35:10
Thank you very much for that question.
0:35:13
The we, have really just tried to support businesses by providing, quality pro bono services, such as our commercial lease assistance program, which is, free representation, which actually will help a business negotiate with the landlord.
Alexa Aviles
0:35:35
So pro bono legal services for a lease.
0:35:39
But beyond that, does the city provide any other assistance around,
Sherry Lane
0:35:44
lack of affordability?
0:35:46
I would add, thanks for the question.
0:35:49
Many of our educational programming do focus on helping businesses adapt to current environment, whether it's adapting their business plans or business models, helping to bring in more revenue, understanding how to navigate a variety of factors, including covering the costs of running their businesses.
0:36:07
So we try and provide that comprehensive education.
