Landlord Pitch Deck: Everything You Need To Know
Before setting up a new business, you must find a suitable place. Here, your priority should be to seek a location that doesn’t cost you a fortune while fulfilling your space requirements. However, merely discovering the perfect place isn’t enough.
You also have to convince the owner about running your business successfully so that you can pay their rent on time. This is where the Landlord Pitch Deck comes in. If you are familiar with the concept of a pitch deck, it will be easy for you to understand this term. But there is nothing to worry about, in case you don’t know anything about the pitch deck.
We have brought all the details on the pitch and landlord deck here. Thus, you can learn the concept thoroughly and use it to benefit your newly set up business.
Without further ado, let’s begin with the information!
What Is a Landlord Pitch Deck?
Before moving on to the landlord deck, we will first explore what a pitch deck is.
The pitch deck is a presentation of approximately 10-20 slides. In this, you include a summary of your company, your vision for the business, and your business plan. These details help you give someone an overview of your new business. A pitch deck’s structure can change based on the people you will show it to.
You might have already understood the meaning of the landlord deck by now. Still, a landlord pitch deck is a presentation where you provide an overview of your company to the owner of the place you want to rent. You need to submit this document with your commercial lease application. If you fail to do so, your potential landlord may reject your application, and you will have to find a new place to rent.
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Importance Of The Landlord Pitch Deck
Any landlord asks for a pitch deck to ensure that your plan is strong enough to generate revenue. While they don’t have any interest in your business, they need assurance that you will pay their rent on time. If they feel like your business plan won’t be able to sustain during the lease tenure, they may reject your commercial lease application. That is why you need to design this document correctly.
Another reason why landlords ask for the pitch deck is to check your business activities. As you may not be the only tenant in their area, they must ensure that your actions won’t cause any difficulty to other tenants. Even if there are no other tenants, the neighbours also have an issue with your business proceedings. So the landlord pitch deck helps check all these things before providing the place on rent to you.
You should know that this document is different from the general pitch deck or investment teaser. Because the landlord deck gets explicitly designed for the interested property owner, you must remain careful while preparing it.
Points To Include In The Landlord Pitch Deck
Now that you know what a landlord deck is and why it is essential, let’s move on to its structure. As stated earlier, the content of a pitch deck changes with the people you will be showing it to. That is why the landlord deck has a unique structure. You need to follow these pointers if you don’t want to create any last-minute confusion.
Business Summary
The business description is the first factor you need to include in your landlord deck. This consists of your company details, such as what you do, the number of employees, your business goals, etc. You have to provide an overview of your business to the landlord with this section.
Floor Plans
As you will be using the landlord’s place, you must inform the owner of your floor plans. In this section, you have to mention different aspects like:
- Blueprint of the place
- Equipment layout
In short, you must tell the owner how you will utilise their space for your commercial purpose.
Marketing Plans
Marketing plans in the landlord pitch deck are nothing but how and why you need to market your business. The two significant factors here are the marketing objectives and potential marketing channels.
Market Analysis
No pitch deck is ever complete without proper market analysis. This comprises both quantitative and qualitative evaluations of the market and helps understand how your business can perform according to market conditions. Hence, whether it is about the landlord or investors, they all are interested in these details.
Financial Projections
As we mentioned, the landlord is primarily interested in your reliability in paying their rent. Thus, the financial projections factor plays a crucial role for them, and it helps them learn more about your company’s future expected financial outcome. With these details, the owner can ensure whether or not you will be able to pay the rent on time.
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Management Profiles
You can’t manage a company alone, so you must have a team of high-ranking employees who care about different business aspects. In this section, you need to mention their names, designations, and probably a photograph, and it will help the landlord know who they can contact for rent purposes or who manages the company.
You may need to add more details based on the landlord’s unique lease requirements. So, you will have to ask them about any specific information they may expect in the landlord deck. This way, you can avoid any last-minute mistakes or complications.
Conclusion
We hope all this data will help you understand everything about the landlord pitch deck. You can prepare this document in advance and edit it according to the landlord’s demands. Therefore, you won’t have to waste your vital time at the final moment. Plus, you will have enough time to mend any mistakes and get the lease application cleared as soon as possible.