Commercial Real Estate News and Matters of Interest Tampa Bay Florida
How Does Location and Occupancy Costs Impact Your Business Percentage of Market Share
What about your business or service? Are you maximizing your location and are your occupancy costs efficient and serving you, rather than you serving them?
It is a known fact that your business’ occupancy costs are among its top three expense categories.
What about locational costs as they impact your ability to garner market share?
There are known and obvious ways that you can reduce your occupancy costs (we wont go into them in detail here, however the use of a professional like TMC-The Mahr Company in assisting to evaluate your cost of occupancy and its value to your business or service model is priceless.)
What about market share do you know what your percentage of market share is?
Have you identified what potential market demographic you are appealing to ?
Are you operating in the most efficient manner for your business/professional service?