Legislation As a property developer there is no requirement for a licence. You can check these with your local council.
Here's what to do! Complete the quick form above Drop me a note telling me about your project in the comments at the bottom optional! Read through the rest of this page for guidance on completing your business plan. Executive Summary This section of your plan should be a bulleted list summarising the main points of the plan.
It is intended to give a reader -- be it a potential investor or a bank manager -- an overview of your proposed project at a glance. If you feel you have to do that to make it sound attractive then you should ask yourself whether the project is worth doing!
It may be best to write the rest of the plan and do this bit last. Your executive summary should contain the following: Any other important points of your project. Introduction This is your chance to sell the project to your investor.
Remember that your potential investor is interested in what is in it for them. Include all relevant facts and supporting information, photos, plans and schematics. Description of Development A detailed description of your project from a practical point of view.
Planning Permits Will planning permission or any licences be required, if so have they been applied for? What permits are already in place and which ones need to be applied for? Architects Will architects be required for the project? If so has an appropriate one been sourced?
Have they done similar previous projects? What will they add to the project? Time Scales What is the realistic schedule for the project. Include relevant project milestones. Exit Strategy How will the profit be realised? Sell on open market? What is the back-up exit strategy.
All smart developers have a plan B, in case the market changes. Risk Analysis What are the potential risks to your project?
How will you manage them if they occur? Financials A full financial analysis for your project. You may want to attach a separate spreadsheet.
Be sure to include the following costs:Property Development Business Plan Buying and developing a property requires planning and setting goals, based on which the strategies have to be decided to achieve those goals.
Clear planning helps you to see yourself in the . By writing the property development business plan you will go through the process of analysing your entire development strategy and you will have to give thought to the entire development process. If you are a beginner to property development, the process of writing the property development business plan will provide more questions than you can.
It may be best to write the rest of the plan and do this bit last. Your executive summary should contain the following: Project type: refurbishment / new build / conversion etc. Property type: villa / block of flats / semi etc. Finance: Joint Venture partner / mortgage / bank loan etc.
Project length: 6 months / 1 year etc. A guide to writing the financial section of a business plan developed by SCORE of northeastern Massachusetts. Editorial Disclosure: Inc. writes about products and services in this and other articles. A FREE Sample Property Development Business Plan Template Property Development Industry Overview The property development industry falls into the real estate category and it is indeed a very large industry that has the potential to make entrepreneurs millionaire within a short period of time.
Funding for Property Developments in London and the UK. Venture Giants has been asked many times by property developers on the way to write a winning property development investment proposal that can actually .