accounting

Business Plan Project 2014 Ed

CMT-4130 Construction Administration

1. Complete a full Business Plan and Project Pro-forma using the documents provided.

a. Include:

i. Mission /Vision Statement

ii. Goals and Objectives

iii. Company Information / History

iv. Sales and Marketing Plan

v. Financial Performance Pro-Forma

b. Forms Used as Reference

i. Company History/Data

ii. Balance Sheet

iii. Single Family Price Costs

iv. Sample Financial Pro-Forma

2. Build 8 homes between January and December (last closing no later than 12/30) using even-flow construction scheduling

3. Use any and all financial resources that you believe are needed to complete the project

4. Determine the ROI, Contribution Margin, and Break-Even Point on a separate page

Other required data:

Build Schedule is 120 calendar days.

Minimum Lot Take-Down is 2 per quarter

Construction may begin Jan 2

If used, Investors will require bank-rate interest paid quarterly, as well as 25% of all Profits

If used, Bank Loans will require a 0.05% Loan Fee, 5.5% interest, and an accelerated pay-off schedule (loan plus 10%) involving bank collateral. If bank financing is used a 25% cash balance / equity balance will be required to be maintained as collateral while the loan is in use.

Business Plan Company Information

CMT – 4130 Construction Management

Company: Circle – J Builders

Location: Murfreesboro, TN

Business Type: LLC

Owner: (Insert Name)

Annual Salary: $82,500

Date of Organization: July 1, 2010

Employees: 3

Office Manager: (Insert a Name)

Salary: $32,000

Assistant Builder: (Insert a Name)

Salary: $48,000

Sales and Marketing Associate: (Insert Name)

Salary: $28,000 plus 0.75 commissions

Owner Experience: BS Construction Management

2 years Bottom-Up Construction – Assistant Builder

3 years Outside Builders Construction – Project Manager

4 years Next Generation Builders – Sr. Project Manager

Building Region: All counties surrounding Rutherford TN

Contractor License: B-A, $500,000

Business Plan Project Balance Sheet

CMT-4130 Construction Administration

Circle – J Builders

Assets

Cash 747,442

Contract Receivable 2,500

Automobiles 77,000

Accumulated Depreciation (30,888)

Office Equipment 7,800

Accumulated Depreciation (3,120)

Tools & Equipment 10,800

Accumulated Depreciation (6,300)

Equipment Lease 24,000

Office Supplies 450

Total Assets 883,892

Liabilities & Equity

Liabilities

Accounts Payable 317,442

Notes Payable (875 monthly) 32,400

Office Lease (1,800 monthly) 54,000

Equipment Lease (2,000 monthly) 24,000

Owners’ Equity 456,050

Total Liabilities & Equity 883,892