preview

Realty Essay

Better Essays

TABLE OF CONTENTS

TITLE PAGE……………………………………………………………………………2

EXECUTIVE SUMMARY………………………………………………………………3

BUSINESS OWNERSHIP………………………………………………………………3

FINANCING…………………………………………………………………………….4

MARKETING……………………………………………………………………………5

CONCLUSIONS/
RECCOMENDAITONS…………………………………………………………………10

BIBLIOGRAPHY………………………………………………………………………..11

APENCICES

APPENDIX I…………………………………………………………………………….12

APPENDIX II……………………………………………………………………………18

APPENDIX III………………………………………………………………………...…23

APPENDIX IV…………………………………………………………………………...27

APPENDIX V……………………………………………………………………………28

Proposal for:

“GREENACRES REALTY”

Compiled by BALENTINE SOLUTIONS.

01/03/05

The purpose of this proposal is to provide in depth information, …show more content…

Outlining the responsibilities of each partner would be of wise consideration so that everyone is aware of their involvement within the business.

It must be stipulated that personal issues and personality clashes can be serious in the demise of a partnership. Do take this into account.

2. PRIVATE COMPANY
Private companies are seperate legal entities and have a limited liability, they are made up of at least one to a maximum of 50 members. There is safety to members in regards to debts, you will only pay the amount equivalent to your share in the company.
To exist as a company a director, a member and a secretary are needed. This decision can be based on areas of expertise. As a private company Greenacres Realty will not be listed on the ASX and no shares will be offered to the public.
A private company must submit an annual report of their full financial records to the Security commission.
Tax return form for company and company number see appendix III

FINANCING

Due to the nature in which the finance is needed the best option is apply for a bank overdraft, business line of credit and business loan.

Intrest rates are very competitive and it wise to shop around in order to find what in right for your businesses needs.
The below is a table comparing factors of different lending institutions for the amount of $30000

INSTITUTION
COMMONWEALTH

Get Access