Our experts can help with the following:
Budget Analysis
A robust financial backbone is secured on two principles: a steady increase in revenue and limited expenses. Our consultants can provide cost-effective parking management strategies through rigorous reporting and auditing
- Revenue Audit – Thoroughly reviews all revenue streams, focusing on the collection, billing, and reporting procedures.
- Cost-Cutting Strategies – Cut unnecessary costs and protect your bottom line.
- Expense Planning – Discover where to invest in your garage to get the greatest return on your investment
Marketing Strategies
Our Parking consultants can provide a comprehensive marketing plan that includes:
- Rate Survey – Perform a comprehensive rate survey to provide recommendations for rate changes and occupancy mixes that will result in maximized revenues.
- Third Party Aggregators (i.e. SpotHero; Honk mobile) – Make recommendations of how to establish business relationships that will result in increased traffic to the facility.
- Off-Site Marketing – Generate leads, find new customers, and boost your bottom line through powerful marketing solutions.
SOP (Standard Operating Procedures)
A successful parking venue has a set of processes and procedures that govern the operation of the facility. Every parking garage must have a manual (SOP) to keep operations running smoothly across the board. We can develop a manual that creates processes and procedures custom-tailored to your facility’s needs.
Consulting Services we provide
- Operational Efficiencies Study
- Integration of On/Off-Street Parking
- Parking rate analysis and recommendations
- ADA Accessible compliance assessment
- Parking Occupancy & Utilization Analysis
- New Development Pro Forma
- Revenue/Expense Assessment
- Daily, Event, and Monthly parking revenue audit
- Parking Technology