You used to have to pay an accountant to keep track of your billboard company financials or spend several hundred dollars for accounting software which would only run on a single computer. If your accountant was on vacation or your computer crashed you had no access to financials. Those days […]
Billboard Business
The Pros and Cons of Owning a Digital Billboard
I have seen strong demand on the part of clients for digital billboard financing. Digital billboards make sense for good locations. A digital billboard, however, will not make a bad location good. Here are the pros and cons of digital billboard. Digital Billboard Pros Extra revenue. Instead of getting $1,500/month […]
Why I like the billboard business
My company makes loans and investments in the following sectors: outdoor advertising, radio, tower and catv. The outdoor advertising business is my favorite lending and investing sector. Here’s why. First, there are barriers to entry in the form of restrictive building codes which keep competitiors out. Second, the outdoor advertising […]
Financials for a stand-alone billboard.
I’ve summarized below the proforma financials for a 14 by 48 billboard which is in a good location. Revenue of $1,500/month if the billboard is one sided. Rents can be higher if the billboard is next to a freeway in a big city and lower if it is on a […]
Good and Bad Billboard Leases
Have seen lots of billboard leases over the past 20 years. A bad lease can make it difficult to get financing or ruin your business prospects. What’s in a good billboard lease. 1. A term of at least 20 years with optional extensions. 2. Assignability to someone else without consent. […]
