Search a title or topic

Over 20 million podcasts, powered by 

Player FM logo
Artwork

Content provided by Beth Azor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Beth Azor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Player FM - Podcast App
Go offline with the Player FM app!

How One Hire Turned Around a Failing Store | Episode 60: I Own a Shopping Center, Now What?

10:45
 
Share
 

Manage episode 497812401 series 1746302
Content provided by Beth Azor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Beth Azor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, I share a compelling story about how collecting tenant sales data helped me identify a struggling franchise tenant—and how one smart hiring decision turned that failing store into a top performer. I emphasize the importance of staying proactive with your tenants, even if you’re not managing a local property, and why absentee ownership can be a serious red flag.

From spotting red flags to celebrating a turnaround, this episode highlights the power of involvement, holding tenants accountable, and simply paying attention to what’s happening on-site.

🔑 Key Takeaways:
✔️ I always collect sales data from my tenants—it alerts me to problems early.
✔️ I’ve noticed that absentee franchise owners often underperform compared to hands-on operators.
✔️ A single great hire can dramatically improve customer experience and store performance.
✔️ I believe in being proactive and vocal when I notice tenant issues—staying silent doesn’t help.
✔️ Visual merchandising and strong tenant visibility drive foot traffic and boost sales.
✔️ I don’t reduce rent as a quick fix—I push for operational improvements instead.
✔️ Even when I manage from afar, I monitor performance and intervene strategically.

  continue reading

263 episodes

Artwork
iconShare
 
Manage episode 497812401 series 1746302
Content provided by Beth Azor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Beth Azor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, I share a compelling story about how collecting tenant sales data helped me identify a struggling franchise tenant—and how one smart hiring decision turned that failing store into a top performer. I emphasize the importance of staying proactive with your tenants, even if you’re not managing a local property, and why absentee ownership can be a serious red flag.

From spotting red flags to celebrating a turnaround, this episode highlights the power of involvement, holding tenants accountable, and simply paying attention to what’s happening on-site.

🔑 Key Takeaways:
✔️ I always collect sales data from my tenants—it alerts me to problems early.
✔️ I’ve noticed that absentee franchise owners often underperform compared to hands-on operators.
✔️ A single great hire can dramatically improve customer experience and store performance.
✔️ I believe in being proactive and vocal when I notice tenant issues—staying silent doesn’t help.
✔️ Visual merchandising and strong tenant visibility drive foot traffic and boost sales.
✔️ I don’t reduce rent as a quick fix—I push for operational improvements instead.
✔️ Even when I manage from afar, I monitor performance and intervene strategically.

  continue reading

263 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Copyright 2025 | Privacy Policy | Terms of Service | | Copyright
Listen to this show while you explore
Play