Rent Valuations by Pub Co’s, BDM’s at Rent Reviews and some other questionable activities. Having studied the so called method of rent assessment used by the Pub Co’s for Rent Reviews. Firstly all rents are supposedly worked out by Valuers and BDM’s on the future sustainable earnings potential by a competent operator/reasonably efficient operator (REO)… Read More »
Pub Co BDM’s make it up as they go along (Barrel Dregs) I referred a Pub Co lessee to a colleague of mine, because he was being pushed to a rent increase. Ignoring the interim discussions, except that there was justification for a rent decrease. My colleague received a phone call from the BDM saying… Read More »
Business Development Managers (BDM’s) Every company has them BDM’s (Business Development Managers), Area Managers, a number have never personally run a pub or licensed premises, they do from time to time make stupid or outrageous statements, at the time they are hell, but in the cold light of day we all manage to laugh about… Read More »