Tip of the week: Original assets opportunities to increase revenue
If your company has facilities located over a multi-geographical area you may be able to rent antenna space to cellular phone companies.
Typically these companies will pay for the use of rooftops as a place to erect their antennas. Another option is for billboards as advertising if you occupy a central location with a high visibility building.
This enhances your revenue without any additional cost for you. The point here is to explore alternative uses for your facilities.
Remember they are assets that can be used 24 hours a day, seven days a week. There are numerous opportunities available for increased revenue if you look for them. Training room and function room facilities can be rented out in the evening or weekends. How about spare land or excess slots you own for public car parking? [1]
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