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
There are several different types of business ownership which are most commonly used in business’ and company’s today, these include; Co-operative which is a business owned by its employees, Partnership which is a business owned by between 2 and 20 people, Private limited which is a business owner by a small groups of people who have shares and a Public limited business is owned by private individuals by shares bought and sold on the stock market. A charity is a business with the purpose to help the public, the government is a business owned by the government and lastly a sole trader which is a business owned by only one person.
This paper will seek to provide an overview of the real estate process and its affects on the real estate agent. An agent needs to be knowledgable about the steps required to make a sale, and the risks involved when the sale does not go as planned. Real estate sales require much of the agent, including sacrifices in their personal lives and in their financial stability. Agents must be teachable and willing to seek to see others succeed. A successful real estate sale consists of many steps, sacrifices to personal time, and an agent’s ability to work well with others while remaining incredibly flexible.
The critical acclaim for The Canterbury Tales as a whole is matched by the puzzlement over the work’s conclusion, the “Parson’s Tale” and Chaucer’s retraction. By modern standards, it hardly seems the “merry tale” the Parson promises his audience, and after the liveliness of much of the rest of the Tales, it appears to close the work not with a bang, but a whimper.
With the permission of the seller, Broker A submits a listing to MLS inviting cooperating brokers to help find a buyer. This is an offer of:
If a consumer does not wish to have a licensee act on behalf of that consumer either as a seller agent or a buyer agent yet wishes to enter another relationship with the real estate brokerage firm, the licensee shall clearly describe, in writing, that relationship. The written description of that other relationship shall be signed by all parties to the relationship prior to any services being rendered.
Real Estate Attorneys offer legal advice and services to individuals and groups who need help with their residential, commercial, or industrial real estate transactions or investments”. Most attorneys keep your rights protected and have policies that you have to read and sign off on and they are made based off what property you on and the circumstances of the neighborhood. Most attorneys want you to pay a percent. Real estate is an important industry because,” people always need homes and businesses always need office space” . Real Estate Attorneys are always needed due to people needing homes, office spaces, and building spaces. Attorneys are their to protect your house if anything happens and also if you were to have a housing problem
Sir Robert Peel’s Principles of Law Enforcement, has been around for nearly 200 years now. If some didn’t know, Sir Peel had created a list of nine guidelines that policeman had to follow in the mid 1820’s. Out of the nine, one of the principles that stood out was, principle number six, which is a method that we use still use today. According to part of the sixth principle, it states that, “Police should use only the minimum degree of physical force necessary on any particular occasion for achieving a police objective.” Who knows why it sticks around, but it clearly makes a difference in the world.
They must complete annual accounts every year and send copies to HMRC, Companies House, shareholders and people who go to general meetings.
When I asked myself what I was I going to be when I got older, I had no answer. This made me realize that I had to make a decision and I had to make one fast. An area of study I have always been interested in is business. My dreams as a child have always been to become the President of The United States or an owner of a business. Working for a business would be intresting, but owning one would be more fulfilling. I would be able to expand my imagination by coming up with new ideas and control the company as a whole. I love designing and creating different things that make people happy, and if one day I became an owner of a company that produced products that satisfied people, that would make me happy. I soon came to the conclusion that in
All companies, including those operating in the multimedia industry are controlled and monitored by the Australian Securities and Investments Commission (ASIC). There are two type of companies, private companies and public companies. Each company has a management team called a board of directors. Usually, each director oversees and makes decisions for a section of a company, for instance a finance department. As companies have more shareholders/owners than unincorporated businesses, they are more accessible to capital to expand and upgrade, although there are strict legal requirements to protect shareholders.
Buying or selling a house or an apartment is one of the biggest decisions of a person’s life. And when selling or establishing a price for real estate, people seek out real estate agents to do the dirty work. A real estate agent has to convince a prospective homeowner that he or she is trustworthy and knowledgeable. In many ways, the agent acts as a counselor to individuals and families about to embark on a huge commitment. Real estate agents have a thorough knowledge or real estate market in their community. They
The psychological effects of guilt are vividly depicted in Macbeth and cloud the mindset of characters throughout the play. In much of Macbeth, a sense of guilt Macbeth and Lady Macbeth both possess leads them to take actions that ultimately lead to their downfall. It is this sense of guilt that drives them both mad. Guilt plays a large part in influencing Macbeth and his wife act after they have committed their crimes. Shakespeare examines several aspects of Macbeth 's life, focusing mainly on the change his character undergoes as the story progresses.
There may be plenty of people out there who are keenly looking forward to establish their very own successful real estate companies. However, they are often confused as to where they should start from. In order to bring an end to the dilemma faced by
The world of real estate investing, to some, is an obscure world. Its a world in which a handful of people have success, slightly more people try to live in it, but many people have heard of it. The success stories are everywhere. You see them on television and read them on the internet. However, these stories leave you with little information on getting started investing in real estate. Instead, they create a curiosity that can be difficult to quench, especially for those who are not on how getting started in real property investing works.
As mentioned on business.govt.nz, a company is a formal and a legal entity in its own right, separate from shareholders. Company forms, when shares of property registered under the companies act 1993. The company owns the assets and liabilities and is responsible for any debt. Shareholders responsibility is limited to their share of ownership in the company. This feature is called limited liability and is made to give protection to shareholders in the company. However, if you’re running the business as a director, you are also liable for debts if your conduct irresponsible, dishonest or not in the company’s best interests. A company can raise more funds with more owners/shareholders.