Business plan Flashcards
How did you review Estate rent income?
- Looked at the property and assed the currently market agreed figures
- Looked at review dates.
Landlords objectives?
- Good rental income
- ROI
- Tenants with good covenant strength
- Maintain the units value
Tenants objectives and assessment?
- Business maturity
- Current occupation
- Operating Market
- Other locations
How do you optimise Estates rental income & management?
- Update management system
- Flag areas of low rental income
- Areas that can do with upgrading
- SWOT analysis
What is a business planning?
A document that defines the business objectives and suggests strategies to be undertaken to realise how this will be achieved within a defined time frame.
What are the essentials elements of a business plan? (7)
- Executive Summary
- Company Description
- Products and Services
- Market analysis
- Strategy and Implementation
- Organization and Management Team
- Financial plan and projections
What is a LLP?
A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit elements of partnerships and corporations. In a LLP, each partner is not responsible or liable for another partner’s misconduct or negligence
What is a PLC?
A Public Limited Company - A public company is a corporation whose ownership is open to the public. Anyone can buy shares in the company’s stocks.
What is a Private Limited Company (Ltd)
In contrast to a public company, a private company cannot be owned by any members of the public. It will instead be owned by an NGO (non-government organisation) or a relatively small number of shareholders, and the sale of company shares is handled privately.
What are proformance indicators ?
TImeframes and objectives to be set.
