For Investors Wishing To Build A Property
The Bernard development team undertakes the responsibility for the overall development. We play a key role in analyzing the market, conceptualizing the product and directing the development team in translating their work into specific designs and plans that the architect utilizes in creating the working drawings. In effect we shape the property to fit the market, producing a profitable project for the owner/developer. The object is to bring all the elements essential for success together on your specific site. The true test of success is a profitable hotel, theme park or resort operation.
These are the primary areas of Bernard Development responsibilities in each project. These steps overlap one another as the project progresses:
- Preliminary Feasibility Study
- Market Survey
- Project Financing
- Initial Feasibility Analysis
- Franchise Evaluation
- Management Plan
- Marketing Plan
- Operating Cash Flow Projections
- Schematic Drawings
- Cost Development Breakdown
- Project Go/No Go Analysis
- Management of formal Feasibility Study
- Adjustments to Improve Project Profit Potential
- Development of Working Drawings
- Assistance in selection of Interior Designer
- Development of FF&E Packages
Operations Steps:
- Formalization of Marketing Plan
- Formalization of Management Plan
- Implementation of Marketing Plan (Pre-Opening)
- Supervision of FF&E installation
- Hiring of Personnel
- Training of Personnel
- Planning and staging of Opening Event