Technology park business plan

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Technology park business plan

First, you can use lease money to pay for the real estate holdings. Also, the buildings and property can appreciate in value over the years to increase your net worth. You will need to work with experts in real estate, building, banking and property management to start an office park.

Then the financial rewards should be in place if you choose a good location and there is a real need for more office space in your town.

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Acquire property that has adequate space for parking and easy access to main roadways. Look for property near an interstate or downtown busy intersection.

Try to find an existing building to renovate versus building from scratch.

technology park business plan

Existing buildings will be priced more reasonably, in most cases, than starting new construction. Enlist the help of builders and a property manager to help you decide which location to acquire.

Choose carefully, since your commitment will be long term. Design a multioffice building or plan to divide up an existing building. Office electrical systems and computer connectivity can become quickly outdated. Give lots of attention to heat and air, wireless accessories, lighting, work space and conference rooms.

Interview business friends who will share their likes and dislikes about their present office space. Install parking at the front of each business space, if possible. Workers and their clients will find pulling up to the front of the business space more convenient than climbing stairs or walking some distance.

Design an office park that is cutting edge in every way. If you lease space to one business owner who likes the space, she will spread the word among other businesses that need similar space. Include electricity, cable, wireless, water and some insurance coverage in the lease price.

Keep the utilities in your name to avoid having to turn electricity on and off when businesses come and go. Some businesses might utilize utilities to an extreme degree, so negotiate the difference before signing the lease. Provide a certain dollar amount of electricity and water per month and require the tenant to pay anything beyond that amount.

Write this into your lease agreement.

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Hire a maintenance company to clean, paint, do repairs and mow the office park. Cleanliness and maintenance affect how much tenants are willing to pay. Invest in keeping the park looking professional from every standpoint. You will save money over the years by keeping the same tenants.Breaking Business News - get the latest from the Dallas News.

Read it here first. Cafe Business Plan. This sample cafe business plan is free for you to download and use as a basis for developing your own unique cafe business plan.

technology park business plan

The Delaware SBDC is a unit of the University Of Delaware's Office of Economic Innovation and Partnerships (OEIP) and is funded in part through a cooperative agreement with the U.S. Small Business Administration (SBA) and the state of Delaware.

ECO-INDUSTRIALBUSINESS PARK eco-industrial business park plan 3 FLAGSHIP OVERVIEW 1. ECO-INDUSTRIAL 4 madison county council of governments ECO-INDUSTRIALBUSINESS PARK eco-industrial business park plan 5 on the area as a generator of new technology and revenue. The time-lapse video shows the launch in a minute and a half. In , Griffiss Business and Technology Park was a master plan with great potential. Today, this vision has been transformed into a reality. Scores of tenants employing thousands of people make Griffiss one of the most successful business and technology parks in the United States. News analysis, commentary, and research for business technology professionals. Park University Approved to Open New Campus in Gilbert, Ariz.

July 18, — Park University, which has supported students from around the globe in pursuing their higher education dreams since from its flagship campus in Parkville, Mo., will open a campus center in Gilbert, Ariz. The International Technology Innovation Center (ITIC) is a leading-edge automotive research infrastructure that features an asphalt surface straightaway, concrete surface straightaway, urban testing grid and interstate test track.

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