You are a woman business owner and there are many things for you to focus on - especially how to find money for your business so it can grow and thrive. There are funding sources out there specifically target women entrepreneurs. Learn about these options to see where to go for loans, scholarships, and other sources of funding.
Buying a BillboardThe value of billboards is based on how many people they can reach with their message. If you're looking to buy a billboard that's already up, review its potential first:.
Is it at the right height for drivers to read as they pass by?. How much traffic goes through the area?
The more viewers, the more valuable the board. What are the viewers' demographics? If the board is next to a college, you'll rent to different advertisers than if it's at the entrance to an industrial park. How many competing billboards stand around it? Setting price will depend on several factors, such as the age and condition of the billboard and how much money it brings in. Building Your Own BillboardPutting up a billboard yourself is a little trickier. Local governments have all kinds of restrictions and regulations on billboards.
It may be easier to buy a billboard that's in compliance than set up a new one that meets all the rules.The cost of putting up a billboard ranges from a couple thousand dollars to over a million. A small wooden billboard is the cheapest to erect. Bigger, more elaborate billboards are more expensive. The most expensive of all is an LED billboard. These are digital billboards that can change the ad display every few seconds.Before deciding where to build and what height, ask the same questions you would if you were buying.
![Getting Getting](/uploads/1/2/4/0/124075205/647321276.jpg)
If the billboard's not really visible, it may not be worth building. Negotiating With LandownersIf you're not building on your own land, you'll have to negotiate a lease with the landowner. The lease agreement needs several terms that protect your interests:.
The landlord won't put anything on the property that blocks the view of your billboard. The landlord can't restrict the type of advertising you put up on the board.
You have the right of access to the billboard for maintenance, running power lines to lights or digital displays, and to change the advertising.Expect to pay 10 to 18 percent of the billboard's income for leasing. In really good locations, you may pay even more.