My plan to solve my own personal problems, my communities many social and economic propblems, and hopefully change the way we do business in America.
Monday, August 16, 2010
5 Year Business Plan Outline
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Green Acres Sustainable Property Development LLC
5 Year Business Plan
Green Acres Sustainable Property Development will be a Limited Liability Corporation set up by myself, Craig Michael Crawford, and members of my immediate family.
The primary goal of our corporation will be to provide an unprecedented opportunity to support all American Veterans, who are the leaders of our country. In addition to a profitable real estate development business available to any veteran willing to work hard to ensure it's success, we will provide veterans with a sustainable, sound, expandable business model, and the required initial funding and training to provide themselves with the ability to earn an income for the rest of their lives and never be without a home to live in themselves.
The secondary goal of our corporation is to promote community development and ensure the ability of all hard working, law abiding Americans a chance of living the American dream regardless of their own current economic status. For every veteran we invest in, he will within 5 years, invest in 4 other Americans and they will own their own home with 40% equity in that home.
The tertiary goal of our corporation will be to promote strong sustainable environmental practices within our local communities. We as veterans have been and always will be the best promoters of practices which teach us to conserve, or create entirely different more efficient ways to live our lives. We know how to make our own energy and use our water resources sparingly. We have been taught to always be prepared and success does indeed favor the prepared.
The members of this corporation are the most important part of the entire business plan. They are the inspiration for it and the reason it will be successful. I will own 30%, each of my 6 siblings will own 10% and my father will own 10%. We will be run as a limited liability corporation to protect our own personal interests, while providing a family goal and means to achieve these goals through our many shared and individual talents. My family is full of gifted and talented individuals who inspired me to propose this to them. I, as well as many other people who are close to them, recognize them as individual leaders in their own communities. I hope to be a part of that family of leaders again.
My 5 year plan is actually 5 and a half years. The first 6 months of the plan will be devoted to my own personal 6 month plan. My 6 month plan will be explained later in a letter entitled Craig Michael Crawford Sr.'s personal 6 month plan.
Below is an outline of the 5 Year Plan:
Green Acres Sustainable Property Development LLC
5 Year Business Plan
Year 1
Goals:
a) Select deserving veteran through individual panel selection process made up of members of the corporation.
b) Select proposed city/area desired for development (based on veterans proposal of project and cost analysis) and determine feasibility of project.
c) Acquire 5 single family residences on the same block in neighborhoods distressed by the current foreclosure market.
d) Renovate the house with the largest lot to accommodate the house to become an upstairs 2 bed/2 bath dual master suite apartment which the veteran property manager will live in.
The remainder of the managers property will become the community center grounds, which he will improve and expand upon to meet the needs of his residents.
e) Construct a community center focused around the community garden which will include:
Fruit/nut orchards farmed by the residents/families
Raised bed planter units, and row/vine crop areas
(2) 10kw Wind powered generators
(5) SETS OF 3.6kw solar power panel packages
(5) Backup natural gas powered hydrogen generators
f) Construct all necessary sidewalks, driveways, fire hydrants, fences, gates, and security systems, to address concerns of public safety, security and property preservation.
g) Move veteran property manager into apartment and begin year 2.
Green Acres Sustainable Property Development LLC
5 Year Business Plan
Year 2
Goals:
a) Recruit tenants into development based on decisions made by the veteran property manager on who he believes would be a good fit in his community.
b) Determine each individual property owners buy in price before any renovations.
c) Begin counseling tenants/prospective owners on what it takes to own property and a business successfully.
d) Enroll tenants in savings match program to match dollar for dollar every dollar saved for the next 4 years.
e) Develop an individual renovation plan with each of the four prospective property owners including cost analysis and expected return on investment.
f) Contract out necessary work and perform community based projects to all help each other build “sweat equity” and complete all renovations quickly and efficiently.
g) Asses all properties after the renovations are complete and determine individuals own contribution towards the down payment of their home. (All profits/losses will be shared 60% Veteran Property Manager, 40% Prospective tenant)
h) Using the Assessed price determine the pre-appreciation Value and the monthly mortgage amount for each individual home (assuming 40% down payment).
i) Calculate the additional amount of monthly payments required over the next 3 years to meet the 40% down payment requirement. (Assume 10% Appreciation for 3 years and subtracting the amount already gained from “Sweat Equity”).
j) Support Veteran Property managers / prospective owners in furthering their own personal goals in all ways available.
Green Acres Sustainable Property Development LLC
5 Year Business Plan
Years 3-5
Goals:
a) Continue counseling tenants/prospective owners on what it takes to own property and a business successfully.
b) Continue supporting Veteran Property managers / prospective owners in furthering their own personal goals in all ways available.
c) At the end of year 5 determine the post-appreciation value of each individuals property to set a sale price and calculate post-appreciation gains.
d) Using the set aside funds from equity sharing and savings matching for a 40% down payment, construct contract deeds for all the new property owners and finance their new home loan through in house financing at or below the best current available rates.
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