Increase Profitability
To improve financial performance, various strategies can be implemented. Selling the building and condo units, collaborating with national brokers, and targeting multi-national companies can significantly increase profitability.
Megnyitás
Increase Profitability Marketing/Retention Upgrade Signage Improve Curb Appeal Fix billing system Collect back rent Charge late fees Retain Lifelinks Fix chemical smell Meet executive staff Sell "Condo" Units Dance NE Joyce Harbor of Hope Reduce Operating Costs Reduce maintenance expenses Purchase snow removal equipment Renegotiate rates with contractors Install green technologies to reduce energy usage Trade space to utility providers Build Internship Staff Find Alternate Income Streams Create commercial/residential brokerage in house Rent the vacant space as conference/function space on the weekends Market area businesses to tenants on a monthly basis Create a test kitchen Create a marketing company that offers services to tenants Start an IT consulting business Convert space to small offices and offer rent a la cart Create an incubator that trades space for equity Become/partner with a solar, wind or geothermal utility Sell Building Contact multi-national companies Work with national brokers Rent Vacant Space Cold call businesses Upsell Tenants Church Hope Vending
Courtsmart
Lifelinks
Partner with contractors Partner with Lawyers Partner with Interior Designers Partner with Accountants Offer commission to tenants for referrals Work with Boston Brokers Advertise space in print and radio Advertise Space online Craigslist Google
Loopnet
