We have spent a lot of time over the past few months talking about the maximisation of revenue from car parks. As everyone is all too aware, these times call for improved systems and monitoring to ensure that all assets are performing as well as they can be.
‘Is Revenue Control An Oxymoron’ is an article published by Dennis Cunning (Certified Administrator of Public Parking by IPI/University of Virginia in the United States) that explores how the owner’s choice of equipment and operator, as well as the degree to which he/she maintains an active role in the management of the car parks will determine the extent to which revenue will be collected and reported.
It’s an incredibly useful resource and something that I am sure you will find applicable to many types of business models.