Business Losses

When a city or state government decides to expand a road or alter property in any way, nearby businesses will undoubtedly be affected. Not only will the business suffer substantial losses during the construction phase, but there will also be various impacts on their business when the alterations are completed, including:

 

  • Loss of parking for customers 
  • Limitations on access to customer and employee parking
  • Diminished pedestrian traffic
  • Diminished vehicle traffic
  • Sign removal

 

All of these factors will have a significant impact on the small business, including reducing their profit margin and bottom line. Construction and the resulting changes to the area – such as loss of a business’ visibility – can impact the ease of accessibility and will deter customers.

 

Often, government sanctions responsible for making such changes are either unwilling or unable to comprehend the detrimental impacts they can make on nearby businesses. If you are the owner of a business that have been affected by a road expansion or other alterations in the immediate area of your business, contact an experienced attorney as soon as possible.

 

At Grogan & Souto, P.C., we understand how construction and other area changes can impact small businesses and their bottom line. We will advocate for your right to be compensated for the losses you will incur as a result of changes to the immediate area, including lost customers, decreased visibility of your business, parking reduction, and the impact of traffic flow throughout the business property.

 

Contact us today to set up an appointment to discuss your case. (845) 294-6155.