Have just created a company (Unit Trust and Trustee Company) with a partner and we are looking to purchase our first investment property shortly but I would like to create a decent Business Plan first – does anyone have a template they would be willing to offer as an example.
Regards
Gary
Government websites have some reasonable"Templates", Have just used one for a new business. Northern Territory Gov has a reasonable one, however a lot of info would not be need, therefore just do not use there parts.
Just do a search for Business Plans on Google or Yahooregards
kimMicrosoft also has templates to use with powerpoint that you can download from their site.
Linda
garyloy wrote:Have just created a company (Unit Trust and Trustee Company) with a partner and we are looking to purchase our first investment property shortly but I would like to create a decent Business Plan first – does anyone have a template they would be willing to offer as an example.
Regards
Gary
Hey Gary,
Can I ask you why you elected to use this structure to purchase your I.P's? Is it because you have a business partner?
What are the benefits? Can you still take tax deductions on your personal income tax?
How does buying as a company impact on your personal income tax
How does it work – what is the process to buy?
What are the disadvantages if there are any?HI Gary
I wouldn't get bogged down on the format – just use an excel spreadsheet for your financial plan – income vs expenses each year – and word for the other stuff.
Action is more important that having the right format. Plus using the above allows you to make dynamic changes regularly – which is how a business plan should be – a working document.
That's all I use and I've been investing and developing for 20 years.
Hope that helps.
Regards
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