Creating a Business Plan
Ingram Head Jones Construction
Problem
• Home Prices Are Rising • Many Are Forced To Rent • Families Are Changing • More House But Less Yard
Solution
• Homes Between $150K - $225K • Custom Interior Design • Exterior Input
Market
It is impossible to find a home in a nice area with a nice yard between 150K to 175K
That will be our target market. That will put mortgage payments between $980 to $1200.
Cost
It will cost us about $110K to build $150K home.
Profit Margin $40K
Steps After Business Agreement
Buy Land/Lot Build First Home Cash Announce Company Seek Realtor(Build Relationships Only) Build Second House when First House is sold Secure Financing For Second House
Roles
• Charles Ingram CEO • Tray Head Project Manager • Latrice Jones Interior/Exterior Custom Design
Investment Percentage Ownership
• Tray Initial Investment $50K • Example • Cost of First Home $120K – Tray $50K = 42% ownership • 70K From Charles Ingram gives Him 58% ownership • We both give 5% to Latrice Jones giving her 10% • Charles 53% Tray 37% Latrice 10%
Goals
• 5 Houses a month
• Create Salaries for owners while growing Capital and Borrowing Powers