Tuesday, March 06, 2007

Calm Before The Storm

Activity is starting to accelerate within Parmasters Waterloo Region. We are also making more progress. We’ve been searching for a site (a location/building) for a very long time. Much longer than anticipated. We are now, finally, nearing the end of that search.

Indeed, I haven’t blogged much lately on business because we are now in a period of lease negotiations. I can’t really say much on that topic, for obvious reasons.

Like everything, working out a lease deal occupies a surprising amount of time. We have to run various projections based on different scenarios. There’s footprint (how much square footage) and layout (the arrangement of the equipment, rooms and features within our space) to consider. Further, there are a million little details within any commercial lease, all of which we must consider and negotiate. Such fun!

This is also a period of relative calm before the storm. Once we sign a lease, there will be a whole new set of tasks and we’ll become very schedule and budget oriented. We’ll start marketing and selling memberships. We’ll have a couple of months to finalize all financing, including bank and leasing company. We’ll be working on blue prints, permits, layout, interior finishes and all of the build out details.

Once we sign a lease, the fun begins. I’m working feverishly to get that lease in place in March.

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