management
Services
incarporated
comparable modets: Research comparabie facilities and districts nationwide to inform the
business plan. Key areas of research are governance and operating modets, the scheduling of
facilities, tevels of utility and cost, balancing internal and external demand for facilities,
partnerships, revenue-generating activity, and key factors that led to successful operation of new
and similar projects.
activity profile + programming plan: Prepare a multi-year activity profile for recommended
facilities, listing types and level of use related to presenting, rentals and any other activity. Also
include any additional programming opportunities and positioning strategies, based on the market
analysis and competitive analysis.
pro-forma operating budget: Develop a multi-year pro-forma operating budget for
recommended facilities, starting the year before new facilities open and then through the first
' three years of operation. Project attendance and other levets of participation. Identify and
estimate all sources of operating revenues and expenses, appropriate capital reserves, and the
likely result of operations with and without an operating endowment.
funding plan: Assist with the development of a basic funding plan to pursue the contributed
income needed to sustain recommended facilities, as indicated by the pro-forma operating
budget. Consider types and levels of contributed Income from all public and private sector
sources, and suggest how to use the business plan as a fundraising tool.
economic impacts: Forecast the economic and fiscal impacts of recommended facilities and an
arts district including the impacts of construction, operation, and ancillary spending associated
with attendance. Use the RIMS li model developed by the Bureau of Economic Analysis to estimate
the direct and Indirect impacts of the project on the market area, including outputs, Increased
earnings, and employment. Also identify and describe the more qualitative economic impacts of
new performing arts facilities in downtown Nashua, including Impacts on commercial
development, cultural tourism, and the recruitment of new businesses to locate In Nashua.
critical path plan: Create a critical path plan for leadership that identifies key milestones and
deadiines towards the development and operation of facilities and a district.
repart + presentation: Present the findings and recommendations of the physical and
business plans. Incorporate feedback from the client, and deliver a final written document that
includes all research, analysis, conclusions, and recommendations.
