Initial Consultation
Before we can prescribe we need to diagnose.
This is our opportunity to understand the
client's vision and needs.
Surveys & Interviews
Many future problems can be avoided by incorporating
the views and opinions of the staff. In
many instances the office manager is aware
of needs that the owners never notice. We
find that through involvement and commitment
of the entire staff the transition to the
new space can be both a positive and successful
mission.
Needs Analysis
Many issues must be addressed through a
needs analysis. Adequate individual
spacing, traffic flow, expansion opportunities,
parking availability, image, ownership opportunities,
location trends and many other issues should
be addressed and acknowledged.
Relocate vs. Build vs. Renovate
| Relocate To Existing Office Space |
| Pros |
Cons |
| Immediate availability |
Limited layout |
| Easier to control costs |
Dated environment |
| |
Limited ownership opportunities |
| Build New Office |
| Pros |
Cons |
| Built exactly as you want |
Limited land availability |
| Ownership opportunity |
Timely decisions need to be made |
| Rental income opportunities |
Possible budget overruns if project not controlled well |
| Relocate To Existing Office Space |
| Pros |
Cons |
| Familiar location |
Reduction of productivity |
| Additional tax deductions |
Inconvenience to staff |
| |
Unsanitary environment |
Buy vs. Lease
There are many deciding factors regarding
the buy vs. lease argument. Is the
business at a financial point to even qualify
for funding? Is the right property
available? In most cases purchasing
your own building makes the best sense in
the long run
Financial Pre-Qualification
We recommend that projects be pre-qualified
with a lending institution before moving
further. We can help you produce a
financial projection for the entire project. The
goal is to present this projection along
with other lender required information to
the bank to secure a written commitment up
front. We have established relationships
with many lending institutions that work
aggressively with our clients.