My grandfather bought the land where our family business, Lynn Ladder & Scaffolding, still operates. That’s a prescient move that provides protection against business slowdowns and having your location sold out from underneath you.
It’s likely that our 80-year-old family business, which mostly offers scaffolding rentals, would still exist.
That’s a lesson many local restaurants have learned as their leases come up and they’re offered renewal rates well above what they can afford…