How does shared parking allow for the conservation and enhancement of heritage?

September 4, 2019

From a financial point of view, wealth is defined as the difference between all liabilities and assets. Assets are the goods you own and the rights attached to them, such as real estate, furniture, patents, etc. Liabilities, on the other hand, are debts as well as various financial commitments. In the case of your parking, it constitutes an asset in the sense that you can resell it for a certain amount or possibly rent it out and thus obtain an income.

The concept of shared parking refers to the concept of providing private parking for everyone. The ever-increasing number of individuals or employees seeking places contributes to congestion in cities. This is why the concept of shared parking has begun to gain momentum. In this article, we will see how shared parking make it possible to preserve and enhance one's own heritage, whether financial, social or human.

1. Enhance and preserve your financial assets

Whether you are an individual, a large company or an SME, parking management is an excellent way to optimize your real estate assets. When you have a parking lot and rent it out, you get a certain income. These revenues, which can become more and more regular, constitute a step towards the conservation and enhancement of your assets.

2. Maximise the potential of your vacant positions

Are some of your parking spaces unused? Be aware that they have some potential, especially if you live in a large city. Have you ever had to go around the neighborhood several times to find a place? If this is the case, there is a good chance that your unused spaces have considerable potential: a high demand for one or more vacant spaces.

Exploit the potential of your vacant positions

3. Limitation of expenditure, means of preserving financial assets

The more sophisticated your parking is, the more expensive it is. This is the case, for example, for parking with automatic opening. In the event of regular malfunctions, your opening system can quickly become a financial abyss. Renting your unoccupied parking space makes it possible to compensate for certain expenses and ensure a greater durability of your assets.

4. Valuation of your assets: increase your income

Whether you are a hotel, a large company or an SME, there is a good chance that parking rental is not part of your core business. However, renting your unused parking spaces can be a great way to increase your income without having to make extra efforts. Indeed, as part of our Value offer, we take care of all the aspects related to your parking rental: from the implementation of access technologies to invoicing, through the marketing dimension.

Quiz: what value can you generate from your parking?

5. ...And what about CSR in all of this

As mentioned above, the concept of shared parking is intended to meet the growing demand for parking spaces. This high demand contributes significantly to congestion in large cities and greenhouse gas emissions. It is for this reason that if a company rents out its vacant parking spaces, it has an impact on CSR. Thus, in addition to enhancing the value of its financial assets, shared parking makes it possible to increase its involvement in the field of smart mobility.

A CSR approach carried out in consultation with its stakeholders makes it possible to improve relations between the two protagonists. As a result, partners become more loyal and willing to renew their contractual commitments. Secondly, restrictive parking policies are increasingly limited; cities want to reduce the number of cars in their centers. Therefore, they encourage responsible actions and in particular the pooling of underused parking spaces as this works in good synergy with current provisions.

 

6. To conclude...

It appears as though shared parking ensures the enhancement and conservation of your assets insofar as, first and foremost, it allows you to limit the expenses related to your parking. In addition, the high demand and availability of your parking spaces are two ingredients that give your parking a high potential for monetization. And finally, many people do not wish to rent their places because it would impose a heavy administrative burden and require a significant personal investment. At BePark, we know this better than anyone else. This is why we take care of the implementation of your rentals, both the technical and administrative aspects.

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