Business Acquisition and Implementation
Abstract
I am proposing that this technical paper be broken down into two phases. Phase one will consist of business and land acquisition. Phase two will consist of business implementation. The business acquisition phase will document the process of forming a limited liability company (LLC) from a sole proprietorship with the intention of real estate development and personal asset protection. I do not require a business license but I will need to advertise. I will also develop a system to properly account for my taxes and minimize risk. In the second part of phase one, land acquisition, I will conduct market research and a feasibility study. I will also generate a business plan for future financing. This real estate development company will be called "RENT-ASA LLC" or from here on simply referred to as "ASA". Once the land has been identified, purchased, and developed, I intend to start a second company. In phase two, business implementation, this second company will consist of a business to facilitate leadership development in corporations, community organizations and youth groups within the DC and Baltimore area. I will create a mission statement and develop activities. This leadership company will be called DELTA Venture. I will create a schedule with milestones and a communications plan. Finally, I will provide conclusions and recommendations.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 2006
- Accession Number
- ADA502682
Entities
People
- Michael P. Wischnewski
Organizations
- University of Maryland