Business Planning Flashcards
What are your Client’s corporate objectives?
Become a 5 star builder
Target continuous improvement on our FTSE4Good rating
Grow the business- increase the amount of hoes delivered.
Reduce accident rate on sites
Increase reccomend a friend store- 92.5%
Increase revenue
Increase home completions
Are you aware of recent changes to SDLT?
From April 2016 a 3% SDLT surcharge has applied to purchases of buy to let property and second homes
A permanent change to the initial stamp duty threshold for first time buyers means that anyone buying their first home won’t be liable for stamp duty if the purchase price is below £300,000
Are you aware of any of the objectives within the RICS business plan 18-21?
Influential thought leader
Trusted by our stakeholders and society
RICS professional qualifications remain in demand
Sustainable 21st century professional body
What are the recent changes on HTB
The government has announced a new Help to Buy scheme to run from April 2021. It is restricted to first-time buyers and includes regional property price caps to ensure the scheme reaches people who need it most. There are no changes to the current Help to Buy equity loan scheme which runs to March 2021.
The new scheme will run from April 2021 to March 2023. As with the current scheme, under the new scheme, the government will lend buyers up to 20% of the cost of a newly built home, and up to 40% in London.
How did you assess corporate social responsibility for each company?
Social Value serves as an umbrella term for these broader effects, and organisations which make a conscious effort to ensure that these effects are positive can be seen as adding social value by contributing to the long-term wellbeing and resilience of individuals, communities and society in general.
What are the key elements of a business plan ?
Executive summary.
Business description.
Market analysis.
Organisation and management.
Services
Funding requirements.
Financial projections.
Appendix.
Conclusion.
