Landlord Pitch Deck: Everything You Need To Know
Before setting up a new business, you need to find a suitable place for it. Here, your priority should be to seek a location that doesn’t cost you a fortune while fulfilling your space requirements as well. 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, in case you don’t know anything about the pitch deck.
We have brought here all the details on the pitch deck and landlord deck. Thus, you can learn the concept thoroughly and use it for the benefit of 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 basically a presentation of approximately 10-20 slides. In this, you include a summary of your company, your vision about 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 be showing 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.
Importance Of The Landlord Pitch Deck
The primary reason any landlord asks for a pitch deck is to ensure that your plan is strong enough to generate revenue. While they don’t have any interest in your business, they need an 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 with your business activities. As you may not be the only tenant in their area, they have to ensure that your actions won’t cause any difficulty to other tenants. Even if there are no other tenants, the neighbors may also have an issue with your business proceedings. So the landlord pitch deck helps here to 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, sales deck, or investment teaser. It happens because the landlord deck gets explicitly designed for the interest of the property owner. Therefore, you have to 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.
The very first factor you need to include in your landlord deck is the business description. This consists of your company details, such as what you do, the number of employees, your business goals, etc. Basically, you have to provide an overview of your business to the landlord with this section.
As you will be using the landlord’s place, you must inform the owner what your floor plans are. In this section, you have to mention different aspects like:
- Blueprint of the place
- Equipment layout
In short, you have to tell the owner how you will be utilizing their space for your commercial purpose.
Marketing plans in the landlord pitch deck is nothing but how and why you need to market your business. The two significant factors here are the marketing objectives and potential marketing channels.
No pitch deck is ever complete without proper market analysis. This comprises both quantitative and qualitative evaluations of the market. It helps in understanding how your business can perform according to the market conditions. Hence, whether it is about the landlord or investors, they all are interested in these details.
As we mentioned earlier, the landlord is mostly interested in your reliability for paying their rent. Thus, the financial projections factor plays a crucial role for them. It helps them in learning 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.
You can’t manage a company alone. That is why you must have a team of high-ranking employees who take care of different business aspects. You need to mention their names, designations, and probably a photograph in this section. It will help the landlord know who they can contact for rent purposes or who manages the company.
You may need to add some more details based on the landlord’s unique lease requirements. So you will have to ask them about any specific information they may be expecting in the landlord deck. This way, you can avoid any last-minute mistakes or complications.
We hope all this data will help you understand everything about the landlord pitch deck. Now, 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.