The club want to build a new 15,000-seater stadium on a 7.6-acre site on Lionel Road, two miles away from Griffin Park which has been home to the Bees since 1904.
Brian Burgess, who is an executive director at Lionel Road Developments Limited - the company set up by the football club to build the stadium - believes the club cannot afford to remain at their current ground if they are to progress on and off the field.
"We have got to move on to a new purpose-built stadium, like so many other clubs have, to a stadium that generates a lot more revenue," he told BBC London 94.9.
"Griffin Park is a wonderful old stadium but it is over 100 years old and the facilities are very antiquated. We don't have the means of earning revenue from match-day hospitality and other activities on non-match days.
"Griffin Park is not suitable because it is hemmed in by terraced housing and is in a very residential area. There is not enough space to knock it down and build a modern stadium.
"We are working out what sort of scheme we want to go ahead with; what does the stadium look like, how much will it cost and how can we pay for it?
"We are working on financial viability and we hope that within a month we will be able to make a decision that we definitely want to go ahead and put in a planning application.
"The new ground has got to be paid for from the proceeds of selling Griffin Park to a house-builder and getting planning permission for residential development on other surplus land at Lionel Road and selling those plots on for new homes.
"We are hoping to get the planning application submitted to the local authority in May so that we can get consent this year and we hope to stay on schedule to have the stadium open in July 2016."
- Sports & Recreation
- Griffin Park