We were commissioned by London Fire Brigade (LFB) to prepare an initial Business Plan for their proposed new museum to be housed in the redeveloped former LFB Headquarters building at 8 Albert Embankment, London SE1. The museum is part of a much larger redevelopment project being undertaken with developers U+I Group Plc.
The new LFB Museum will provide a wonderful showcase to display a much larger proportion of its extensive Arts Council Accredited collection (of over 20,000 items) than has previously been possible, whilst promoting and reinforcing vital messages about fire safety. It will also add a major resource to support and strengthen the Brigade’s wider education, training and outreach programmes, reaching a much larger and more diverse audience.
The Business Plan forms an important step in quantifying the potential outcomes of implementing the LFB Museum’s vision statement:
“…to shape [the Museum] into a recognized historical and educational resource that educates, commemorates and inspires pride in London and LFB’s unique firefighting and rescue heritage. It will be a museum that explores how the Brigade’s past continues to influence its future and will safeguard an internationally significant collection through research, conservation, documentation and curatorship. Through fire safety education the museum will support LFB in making London a safer city.”
While the new museum is being planned and developed the LFB is operating a ‘pop-up’ museum in the former LFB Workshops, located behind 8 Albert Embankment, providing a valuable public/Museum interface to trial, display and exhibit concepts ahead of the new museum’s launch.
The Business Plan focused on projecting potential attendance profiles and volumes, organizational structures, potential operating revenue and cost streams and operating processes in order to develop indicative financial outcomes.
- Client London Fire Brigade
- Date November 25, 2017
- Tags Project Management / Attraction Development, Business Planning & Financial Modeling, Museums, Visitor Attractions, Other