Cam Cheetham has specific requirements when looking for rental space. The
local Smash My Trash franchisee wanted to keep their 32-foot diesel trucks away from sleet and snow, so they needed a garage door space that was at least 14 feet high. He also wants internet access, a place to set up an office, and a bathroom.
Cheetham didn’t have many choices when he started searching at the end of last year.
Jim Sapp, the founder of the RISE business district in Indianapolis, also noticed the gap in the Fort Wayne market. This year,
Sapp took the opportunity to build his fifth cabin on 4310 Illinois Road near Target. Since its launch in 2010, the business has grown to 10 locations in Indiana and Ohio.
Economic development experts say that successful communities support start-ups by providing mentors and opportunities to share resources such as office and meeting space needed by technology companies.
The 2017 evaluation of the Fort Wayne Startup Support System provided the city’s business ecosystem with the lowest score.
In the suggestion of consultant Chris Heivly, increased attention to the function of Electric Works, that is, the continuous development of the former General Electric Park.
RISE Commercial uses the concept of coworking to create a space for other types of businesses to develop.
company spokeswoman Allison Barber (Allison Barber) said late last month: “This is a very low-risk way for entrepreneurs to get everything they need to run a business.” The successful
model is a combination of
RISE Commercial Warehouse is climate controlled, including free use of forklifts, 24/7 access, and video surveillance accessible through the customer’s smartphone. The building has a loading dock with enough space for semi-transport and reception.
Fence and access control facilities provide Internet access and power outlets, and provide businesses with an address where they can receive mail. Some spaces also include bathrooms.
“We basically put the training wheel on these businesses,” Barber said in a telephone interview. The monthly rate for
starts at $ 490, depending on the amount and type of space rented. She said the rental space ranges from 300 to 3,000 square feet.
RISE originally represented a revolutionary industrial space for entrepreneurs, but the organization has become a shorter name.
Typical tenants are window sales, cleaning and moving companies, Barber said. He added that these spaces have also attracted landscaping, roofing and bathroom renovation contractors.
Sue Schaefer is a co-owner of Jack`s Pallet Liquidation, a company that buys and sells recovered goods.
Usually this is a problem with an incorrectly marked item. Schaefer said Jack recently had “an absolutely beautiful navy blue sofa” in stock because a customer asked for a gray sofa and refused to deliver it.
It is cheaper to sell the item to the liquidator than to return it to the manufacturer. Your business buys cargo trucks from Target, Lowe`s, Wayfare, Costco, and other companies.
Jack’s leased three RISE Commercial spaces to allow consumers and discount retailers to sort their inventory before purchasing.
“I like RISE,” Schaefer said. “If I had to build a complex, this is what RISE built.”
She appreciates the security and included utilities. Access to smaller spaces is a big problem.
“There is a real lack of storage space at 10,000 square feet or less,” he said. “There are 50,000 square feet available, but if you need 5,000 square feet, you are done.”
Being able to sign a 12-month lease instead of committing to a 10-year lease is another advantage RISE Commercial provides for small business owners .
“You don’t know whether you will get bigger or smaller over time,” Schaefer said.
Cheetham is now a satisfied tenant of RISE Commercial’s 110,000 square foot local facility, which opened in March. He started his business in April. Cheetham says that
Smash My Trash uses 6,000-pound rollers to compress the contents of industrial waste containers by 50% to 70%.
“By reducing the number of times transportation companies go to landfills, we actually save customers money,” he said, adding that his company shared the savings with customers.
Cheetham’s biggest challenge now is to explain this concept to potential customers, especially those construction contractors who don’t want to spend time away from the job site listening to sales promotion.
“So far everything goes well,” he said. “We got good traction.”
When tenants move into the common warehouse, they often get more than they bargain for, Barber said.
“Customers came to find a space for their business, but they ended up being gay,” he said.
He said that it is not uncommon for business to occur between them. For example, a client might ask a roofing contractor for advice from a gardener.
Entrepreneurs also socialize and brainstorm with each other, Barber said, describing what RISE Commercial has seen in other markets.
“This type of provides a community for business owners that they may not have,” he said.