How Proactive Property Management Can Save Your Business Money
Your brick-and-mortar is one of your crucial business assets, so you need to put resources toward caring for it.
When you fail to engage in effective property upkeep, a lot of problems tend to arise. You’ll start to alienate customers and employees alike, not to mention you’ll have to allocate more and more money to deal with repairing and replacing various components of your building.
Proactive property management is the best way to save your business money and prevent the headaches associated with poor upkeep. In today’s post, we’ll look at property management strategies in more detail to demonstrate the importance of preventative maintenance for businesses.
Running a business has many challenges. Keep reading and you’ll prevent property degradation from becoming one of yours.
Parking Lot Maintenance
One of the more underappreciated aspects of any business is the parking lot. If you fail to care for your lot – filling in potholes, clearing pooling water, repainting lines, etc. – it can be a detriment to the way your business functions. Parking lot maintenance comes with the following benefits:
Decrease Liability
If someone twists an ankle or damages their vehicle because of your parking lot negligence, you’ll be liable. As a business owner, you’re liable for anything that happens to those working and visiting your property; this extends to your parking lot as well.
When you run a shopping center with customers pushing shopping carts to and from your building, the risk of injury is even higher. Having a property maintenance service inspecting and maintaining your parking lot regularly will prevent injuries and decrease liability, saving you plenty of money in the long run.
Maximize Space and Efficiency
When your lot is in disrepair, you won’t be able to maximize the space. When you don’t maximize the space in your lot, you’re not optimizing the number of customers in your business.
Parking lots go through a lot of wear and tear. Whether yours has lots of potholes or pooling water after a storm, people will avoid certain areas of the lot.
Having the lot professionally maintained will help you capitalize on all of the available space. You won’t have to worry about your lot being half-full. In fact, you won’t have to think about the parking lot at all.
Parking Lot Longevity
Replacing a parking lot is prohibitively expensive – sometimes reaching six figures, according to Angi. No small business has a full parking lot replacement in the budget, so it’s in your best interest to make yours last as long as possible.
If you neglect your parking lot, this will never happen. You need regular maintenance from a reputable grounds management company to ensure your parking lot is as durable and functional as possible for the long haul.
Landscaping Maintenance
The way your business looks from the outside is just as important as your interior. Professional landscaping maintenance includes lawn care, tree and shrub trimming, and floriculture. What this does for your business is immense in the following ways:
Attract Customers
Putting effort into your landscaping will increase your company’s curb appeal, which will attract more customers. A beautifully landscaped space gives all passersby a sense of pleasure and intrigue.
It also shows that you care about every aspect of your company, including your exterior appearance. This improves your image and branding, bringing more and more customers in, and helping you grow your business exponentially.
Satisfy Workers
When you put forth an effort to make your business look great, your employees will be proud to go to work. They’ll be more motivated to work and become a more efficient workforce as a result.
It’s not just about perception, however. A well-maintained outdoor area gives employees a place to go and take breaks. They can walk around, smell the flowers, and take their breaks outside.
This can boost the mental health of individual workers and the morale of your entire business. Happy employees are likely to stay put at your business, reducing the employee turnover that makes businesses suffer.
Increase Property Value
Caring for your landscaping and increasing curb appeal will result in a higher property value. Maintaining your property value is important for the long-term wealth of your company.
It’s crucial to care for your assets and there’s no greater asset than your physical location. As your business grows, you may need to sell your property and relocate, so landscaping maintenance can contribute to your sale.
Snow and Ice Removal
Depending on where your business is located, you may need snow and ice removal. This is integral for safe business operations, but it also saves you money in the following ways:
Keep Customers Coming
When winter weather hits, if you fail to remove the snow and ice from your property, customers won’t show up. Whether it’s a buildup of snow in your parking lot or icy sidewalks leading into your location, professional building management ensures customers can comfortably and safely enter your business.
Prevent Injury
The biggest concern for any business owner dealing with winter weather is injury to customers and employees. If you’ve got ice around your building, the likelihood of someone slipping and injuring themselves goes way up.
As we discussed earlier, you’re liable for any injury that occurs on your property. The best thing to do is invest in proper ice and snow removal so that you prevent injuries to those coming and going from your building.
Comply with Safety Regulations
You may not be privy to the local safety regulations, but a professional groundskeeper will be. They’ll understand the ins and outs of local snow removal ordinances so that your business is conducting itself under the banner of the law, helping you avoid any fines that may result from breaking these regulations.
Proactive Property Management with 30 Years of Experience
These are just a few of the benefits and ways that proactive property management can help your business save (and make) money. As a business owner, you likely don’t have the time to dedicate to proper grounds maintenance, but we do.
At Grounds Control USA, we bring over 30 years of experience in business property management across the country. To learn more about how our services will benefit you and your business, contact us today.