Benefits of Private Management

Private management is when the operation and management of a publicly-owned facility are transferred to that of a privately-owned organization, which specializes in a comprehensive scope-of-services that help make the venue more profitable, efficient, and successful.

It is a common misconception that private management companies take away control from the venue’s owner. However, if you choose to hire OVG 360 to professionally operate your venue, we will work on your behalf to ensure our goals and objectives are properly aligned and as the client, you have final approval on all major decisions which affect your venue.

Some of the benefits of privatizing with OVG 360 include:

• Professionally Managed Venue
• Clients Maintain Full Control
• Cost Savings & Operational Efficiencies
• Capital Improvement Dollars
• Sales & Marketing Improvements
• Remove Political Influence & Barriers
• Reduce Reliance to Tax Subsidy

Municipalities, universities, and private organizations which choose to privatize their venues do so to remain competitive with other larger cities and institutions whose venues are professionally managed.

Historically, private management companies run their venues more cost-effectively which allows savings to get reinvested into the venue or in other parts of the city/university.