Austin Consulting's blog

Weighing the Pros and Cons of Spec Buildings

From Austin Consulting

When looking to expand or relocate into a new territory, many growing companies start a property search with hopes that an available building suitable for their needs is on the market. Existing buildings are attractive because the overall cost of the project will typically be cheaper and the company will be quicker to market, saving the company two key resources: time and money.

Key Considerations for Revamping Your Supply Chain

From Austin Consulting

Ensuring that your supply chain is as efficient as it can be is not top of mind for everyone these days – but maybe it should be. Often times, we are accustomed to sit back and rely on “that’s the way we’ve always done it,” but that isn’t always the best way. Sometimes changing the way things are done is the best way to find new efficiencies and cost savings.

Three Common Delays During the Site Certification Process

From Austin Consulting

Site certification is becoming an increasingly popular topic of interest for local and regional economic development organizations (EDO’s) as it enables communities to market sites within their territories as being “shovel-ready”, “pad-ready” or “certified”. In order to obtain one of these designations, communities typically employ a third party site selection consulting firm and undergo an extensive due diligence process to ensure that risk is minimized for prospective clients. Site selectors conducting the due diligence work typically promote that a site can be certified within a 90-day timeframe, which appears doable for local EDO’s. This timeframe does not, however, include setbacks that can occur during this process, ultimately delaying that timeframe. Up-front planning and proactive management allow for an efficient certification process, enabling EDO’s to market their sites to prospective clients more quickly.

One-Time Impact Fees: The Multiplier Effect, Part 2

By: Jonathan Gemmen, Senior Location Consultant with Austin Consulting

Last month, we discussed the concept of impact fees and the steps that expanding firms can take to avoid them. This month, we will focus on the significant cost implications that water and wastewater (sanitary sewer) impact fees can have on new industrial operations, especially those using a significant amount of water and discharging a significant amount of wastewater.

One-Time Impact Fees: The Multiplier Effect, Part 1

By: Jonathan Gemmen, Location Consultant with Austin Consulting

Whether it’s a “shop fee” charged at the car repair center or “process and handling” charges on a mail-order or internet purchase, retail and distribution outlets have found ways of passing on their fixed and operating costs to their customers. Similarly, local governments and municipal utilities providers have found one-time, up-front ‘impacts fees’ to be an efficient way of raising municipal revenues.

Importance of Transportation Information - Part 2

From Austin Consulting

Last month, our team made several great points about the importance of gathering good information when approaching any sort of transportation analysis. Data is the backbone of all of our studies. The presence of good information is critical to ensuring we provide the best results. With any project, the more information provided, the better the outcome. If we get data that isn’t up to par or that can’t be provided, then we have to make a lot of assumptions – and we all know what happens when we assume!

Importance of Transportation Information for Successful Site Selection

From Austin Consulting

Inbound and outbound transportation or freight costs are typically one of the highest expenditures for many companies. They are also one of the most important cost factors considered during the early phases of site location while determining the most favorable area for the new location. These costs are extremely complex to calculate due to the combination of transportation modes and the intricacy of the variables within each transportation scenario.

5 Common Pitfalls of Conducting Site Selection In-House

Brandon Talbert, Location Consultant with Austin Consulting

As companies plan where to locate their next facility, a decision is typically made early on as to whether the process will be managed in-house or with the assistance of a third-party.  It may seem logical to manage the process in-house for a variety of reasons. After all, nobody knows your business better than you do. However, the value of utilizing the expertise and guidance of an experienced third-party consultant cannot be underestimated. Here are five common pitfalls of conducting the site selection process in-house:

What to Watch for in Due Diligence - The Devil’s in the Details

Jonathan Gemmen, Senior Location Consultant with Austin Consulting

For a typical industrial site search, our team sifts through information on dozens, if not hundreds of industrial properties. Upon a tertiary review, a large percentage of these sites appear to be viable location options. Yet, it is surprising just how many of these good-looking sites have one or more shortcomings that must still be overcome to be deemed ready for development.

Minimizing Risks in the Site Selection Process

Brandon Talbert, Location Consultant with Austin Consulting

Whether we are walking across the street or rushing to the airport to catch a flight, every decision we make in life carries some degree of risk. Business decisions are no different and often have the potential to affect many individuals, either positively or negatively.

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