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How to turn vacant space into a profit center? by Lee Mench | Nov 10, 2015 | Office Solutions Don’t downsize, Profitize! If you have a couple of vacant offices in your lease space and you already have someone to answer the phones, you could generate enough income to cover your office rent and the cost of your receptionist! I have been the owner and... read more

The site is coming along well. Execusuites.com. We've been doing our research and have found some very fancy sites that talk about all kinds of services. Few however can provide you with a template for your QuickBook file to do your billing via Email and a chart of accounts to do your bookkeeping. We're not glamour and high flash, we're down to earth and practical.

Great meeting with Todd Toback the wholesale residential sales guru. We met Friday with his associate Lee at El Cajon's Por Favor restaurant on Main street. Todd is going to show me some of the ropes for fine my course on Executive Suite development and management. If you're interested in getting started, check out the FREE Investment Wizard on the Apps section.

Converting your vacant lease space like an executive suite profit center! If you have a couple of vacant offices in your lease space and you already have someone to answer the phones, you could generate enough income to cover your office rent and the cost of your receptionist! I have been the owner and operator of an executive suite office building for over 20 years. Over these years I have looked at just about every angle to make money from office space including internet co...nnections, phone services, vending machines, mail boxes and much more. With a little time, and the implementing a few of the services I'll show you, you can cover your office overhead and the cost of your receptionist with just the little extra space you have now. Why be burdened with the cost of the overhead when you could make it a profit center for you! Want more now? Link back to my web site: http://execusuiteconsulting.com/

I just quit being held hostage by our telephone provider! We set up our own cloud based PBX and our communications are now a profit center. Here is the math. If you subscribe to one on the dozens of services out there it runs about $20 per phone number. So, 100 numbers = $2,000 per month. If you set up your own cloud based PBX the same thing will cost you $458.00 per month. We know, we did it. I'll have a post on the blog soon, or Email me if you want the details sooner.

http://execusuiteconsulting.com/executive-suite-opportunit/

Real Estate Brokers and Agents make "big bucks" starting Executive Suites! Understanding the executive suite business can opens a variety of new opportunities for filling vacant office buildings. There are executive suite businesses that are looking for expansion locations. Contacting these entities is a great first step for filling some vacant space. Alternatively, brokers and agents are in the perfect position to create an executive suite business themselves. By taking the ...bull by the horns and creating your own tenant a broker avoids depending on other brokers to find new tenants by creating one that simply wasn’t there before. To start an executive suite business takes planning and timing and the cooperation of the owner. Understanding the building owner’s prospective as well as the tenants can make the diligent broker or agent the hero of the day. To get an idea of what kind of cash flow is available as an owner of an executive suite, download the Quick Analysis Wizard and plug in the square footage you have available. Email me for the worksheet. [email protected] See more

Executive suites offer an excellent business opportunity. There is tremendous demand for office space nationwide. Clients need reception services, telephone answering, copies, faxes, scanners and more but they don’t want to pay for them and they don’t want to pay for the space to put them. And they certainly don’t want to keep it in their homes! There are plenty of vacant buildings and floors of buildings to choose from, you probably drive by them every day. Man...y of these have owners or managers anxious to lease space. An executive suite can be a cash flow monster for the executive suite business owner. The ownership of the executive suite business is typically separate from the ownership of the building. But it can go either way. With the right terms and conditions, executive suites offer an opportunity to develop an exciting, profitable, sustaining business. This business can focus on cash flow for the business owner during the holding period or it can be for cash flow generation and substantial profit on sale. For the landlord, having a long term executive suit business as a tenant ads multiple benefits, one of which is the chance to have a long term stable income with market or higher rates. This makes it easier to refinance the building when needed and more profitable to sell when the time comes. To understand the numbers, the market, the advantages and disadvantages research and due diligence is a must! To take a quick look at the viability of a building or some square footage in a building as an executive suite, build an income and expense worksheet or better yet, download the Quick Analysis Wizard for free. For info, Email Lee@EastCountyBIz,cm and I'll send you a copy.

Building owners retire faster... When they have Executive Suites! The greatest benefit of Executive suites is the increase of NOI and the reduction of financial risk. The primary reduction of financial risk is achieved by offering affordable, high demand services to a larger market of tenants. Executive suites do well in expanding economic conditions as well as recessionary times. This is due to their attractiveness to new businesses, as well as existing businesses scaling ...back and reducing overhead expenses. Executive suites also offer building owner's an opportunity to create a new business entity to lease, joint venture or sell. The business can be a separate opportunity, separate from the ownership of the building. With the increase in Net Operating Income, the building value is greater than comparative buildings, making it more saleable or easier to re-finance. From a longer term hold standpoint, with good organization and emphasis on marketing, Executive Suites can be administered with minimal effort. If there is a downside, it is that the initial set-up and management will require some time and attention. This can be fast tracked by research and education. The first step in determining if a building or some square footage in a building should be an executive suite is to run the numbers. I use a very quick (and free) worksheet which is an effective first look at a project's viability. All you do is plug in the square footage and the worksheet generates the comparisons in value. Click here for the worksheet==> http://bit.ly/1vZhcVb

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