Initial Analysis
Business plan
Pro forma analysis
Net worth requirements
Competitive/market analytics
Timing, timing , timing...
Financing
Regulatory issues
The No. 1 thing you MUST avoid
Site selection
The single most important location criterion
Concept-specific Building Specification
Demographic requirements
Space requirements
Access and parking (maybe not obvious but a major issue)
Utility requirements and availability
Lease parameters
Structure - Maximize to your advantage
Letter of Intent/Building Specification
Commercial lease terms
How much leverage do you have?
Facility design - Make or break?
How large should suites be (minimum dimensions)?
Design & develop for maximum efficiency
Design trade-offs (How much is enough or too much?)
Amenities to offer
How much HVAC is really required?
Hot water is a very big deal. How much is enough?Â
Details, details, details...
Design for remote facility management
Construction
Construction Management
Contractor Pre-qualifying (Requirements)
Managing the Bid Process
Scheduling and timing: How long should this take?
How much should it cost?
Marketing
How are tenants found and identified?
Getting the message out: what works, what doesn't?
How long can you expect it to take to fill your facility?
How can you fill your facility before opening your doors?
Operations
Best practices manual
Year round cash flow management
Remote facility management - you need this
Winning the thermostat wars - it can be done
Online presence and social media
Maintenance issues
Pricing, programs, and incentives
Dealing with the deadbeats
Industry turnover rates
Insurance needs (operator and tenants)
Regulatory issues - start up and ongoing
Collecting rent: 100% on time, 1% effort
Sub-lease structure and requirements
Bookkeeping guidance
Winning website design and support