Focused on maximizing the revenues of parking lots across the country, One Parking likes to say that it helps owners to recognize the revenue potential of their parking assets. Join us when Kirsten Dolan, COO, One Parking, explains how very often “parking assets” are an undernourished source of recurring revenue.
Over the next 12 months, what are the top priorities for this middle-market business?
Kirsten: Well, you hit on one, which is really shoring up the financial part, and as part of the Forum 7 group with The Commonwealth Institute, which is a group of women who are all executives who help guide me, and it’s a confidential environment. And one of the things that we talked about, that my goal needs to be, is having this financial individual that I can lean on and use to get better. We have the information, but it’s not necessarily at my fingertips or analyzed, and that group has been instrumental in helping me to realize that I really need to get this person hired. So, building our financial structure, and also looking at our systems that we have, whether it be our payroll, our accounts receivable, how everything is working. You know, what worked 10 years ago is still working today, but we need to get better and get to the next level for the future growth of the company. Those really are the two things that I’m focused on right now.