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SBA boss: Changes to Corporate Act should facilitate business expansion
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Rent ease needed – Holder
Article by January 30, 2021
Chief Executive Officer of the Small Business Association (SBA) Senator Dr Lynette Holder is crying shame on some private landlords who are said to be putting businesses on notice that they are not prepared to give any ease in rent for the upcoming lockdown period.
Holder disclosed that following the announcement by Government last week that the island would commence a two-week lockdown, from February 3 to 17, several micro and small business owners have been complaining that their landlords have indicated that they were still required to pay rent for the period.
However, Holder said she was calling on those landlords to rethink their decision, adding that businesses that are renting will find it difficult to get back on their feet even days or weeks following the 15 days of no business activity.