Property strategy key in executing business plans

Property strategy key in executing business plansThere are a number of signs that the long talked about green shoots are starting to show a hint of blossom in the post-economic crisis environment.

There are quite a few challenges yet to come, but some key indicators such as business confidence surveys, employment rates and increased business activity are looking positive.

But I have noticed that a number of businesses are still shy to act. And the old saying “he who hesitates is lost” is as true as ever.

Execution of business strategies is critical. Those who act and execute action plans tend to be those who prosper most.

“Strategy gets you on the playing field, but execution pays the bills.” – Unknown

It’s not a matter of taking foolhardy risks; it is all about setting a plan and then acting upon it. This is particularly so of property lease strategies. Businesses need premises to match their future aspirations, and in some cases, to maximise their current operations.

This is not simply about bigger premises but assessing cost, location and a range of factors to match your business strategies. The market, as I often say these days, is very much a tenants market. Now is the time to act to take advantage of the good deals on offer.

I believe execution is the critical factor for businesses to thrive as the economy starts to balance out.

Blatant plug: Parallel Directions offers advice to ensure property lease strategies are risk proofed and we can work to assist in executing the property component of business strategies. Give us a call on (09) 550-8500 or email info@ParallelDirections.co.nz.

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