Remember why we are doing this… to make profit.!!
Black Pearl is a full—service firm that owns heavy equipment, and offers "in—house" groundbreaking, infrastructure, concrete, framing and final construction services. Sheet Metal, and J. Not the most important section as the traditional tried and tested route is always to use an agent to market the completed development.
SWOT analysis Market research If you can cover all of the above in a clear and professional property development business plan, then you will have a great foundation to the company to implement. Performs cash management, general ledger accounting, and financial reporting for one or more properties.
All our publicity materials and jingles are done by some of the best hands in the industry. Exit strategy: Very simple… buy to let or buy to sell? Threat: Some of the threats that we are likely going to face as a property development company operating in South Africa are unfavorable government policies, and global economic downturn; global economic downturn usually affects spending power and the real estate industry is known to encounter decline in sales and profits during this period.
Purchase price ranges Number of projects to target Optimum number of projects to run at once Exit values Buy to sell or buy to let Project timescales There are a lot more areas which can be included, but the list give you an idea of the types of questions and strategy which needs to be discussed.
Starting a property development business in South Africa comes with its own fair share of challenges as you would have to abide by the law and also compete with entrepreneurs in the real estate business value chain.