Property business
The scenario:
you are to assume that you are part of a new Real Estate firm that gives advice and consultancy services to the real estate market. Your firm is about to relocate for strategic reasons to central London.
You are due to meet with the bank to present your case for applying for a business loan. Prepare a business plan explaining the reasons for the move, your choice of relocation, and cashflow forecasts, together with an executive summary at the start of the plan.
Refer to your core textbooks and class work to complete this assignment.
You should address the following assessment criteria. Each criteria carries equal marks so equal effort should be put into satisfying each one.
Criterion
1. Describe the chosen legal status (corporate structure) of your firm in detail, clearly showing why this particular structure is appropriate and why other options were dismissed. Describe how you will manage the organisation, including human resources.
2. Prepare financial information that reflects on the funding and present a cashflow for the business, produced on Excel. The content of the cashflow must connect with the content of the Business Plan. Interpret and effectively report information in relation to investment in the property company.
3. Create a full and comprehensive Business Plan. Your chosen format will vary depending on many factors including the strategic relocation proposed. It is essential that the executive summary is clear, well-constructed and sets out the financial proposal to the Bank.
