LMCP_Hall Association
Fair Market Rental Value:
▪ Benchmark your rental rate against comparable buildings in the community such as community centers, libraries, senior centers, churches, and event venues. ▪ Brokers will often provide market info for free. ▪ If your hall’s current rental rate doesn’t cover its minimum operating costs, and/or it isn’t earning fair market value, discuss raising rental rates.
RESOURCE: The Leader: Maintaining a healthy hall
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