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A business plan is a simple roadmap or guide that contains all the goals and objectives of the new business and describes how you plan to achieve those goals.
This type of small business plan template can be used for business entrepreneurs who are new in the field and want their new start-up venture to be successful. The purpose of this business plan is to raise $750,000 for the acquisition of a mobile home park while showcasing the expected financials and operations over the next three years. As stated above, the Company intends to launch its operations with the acquisition of an existing mobile home park.
It is the goal of the Company to create a business that provides tenants with high quality and affordable mobile home living spaces while providing a steady stream of operating and passive investment income for Mr.
Management intends to expand its property base through reinvestment and several additional financings.
The primary source of revenue for the Mobile Home Park is the rental of the 25 units located on the property that Mr.
The Company will also generate secondary revenues from late fees on rent and income from the Company’s onsite coin operated laundry center. This section of the analysis will detail the economic climate, the mobile home park industry, the customer profile, and the competition that the business will face as it progresses through its business operations.
In this section of the analysis, you should describe the type of customer you are seeking to acquire. This is one of the sections of the business plan that you must write completely on your own. Management intends to use qualified real estate brokers and agents to assist placement of mobile home tenants for the Mobile Home Park property. If you are planning to make your own business a reality you really need to know how to set up a business plan. You will have to convince potential lenders that the market you are proposing within your business plan layout is large enough to manage another competitor. The best methods are locally through newspapers or even through having flyers printed and delivered door to door. You need to do your research and homework in the field before actually starting the process. In most cases people prefer to have a small business plan so that it can be easily viewed by the investors and other stakeholders.

You can download the template from the internet and use it according to your own needs and requirements. The expected rent roll for this 25 lot mobile home park is $340,000 per year, which includes rent fees, late fees, and other ancillary income including the facility’s onsite Laundromat. This additional capital will be used to acquire and manage several other mobile home parks and residential properties. Doe wishes to sell the Mobile Home Park to a third party, he will contract a real estate brokerage firm to market the property to potential buyers. Each year, these companies aggregately generate $22.8 billion dollars per year and provide jobs for more than 20,000 Americans.
The key to writing a strong competitive analysis is that you do your research on the local competition. Additionally, the Company will use print and media advertising to showcase the available units that the Company is offering.
You should provide as much information as possible about your pricing as possible in this section.
As discussed in the fourth section of the business plan, the housing and real estate market are currently in distress. A successful business needs a solid foundation and that comes from using good business planning tools.
It is the first thing a loan officer will see and if he or she is not convinced within the first two or three pages that you have a viable plan then you will not get that business loan. How will it be different from the competition that is already operating within that market. Your business planning should include whether you intend to target local customers or if they are from a greater distance. This section of your proposal will tell prospective lenders how much you would like to borrow to cover your start up costs and to cover financing during the initial year of trading. The pre-requisite of starting any small business is that you first identify a niche or requirement in the market.
If you do not know how to draft a business plan you make use of the small business plan template. The Mobile Home Park will generate enough positive cash flow to cover both the interest and principal payments for the debt capital sought in this business plan. Management sees a significant opportunity to develop and expand in this market as housing prices have become seriously depressed over the last two years to the point where Mr.

Each of these units produces an approximately monthly income of $600 to $750 depending on the size of the mobile home. Payrolls for these employees have exceeded $1.3 billion dollars year during the last five years. In this section, you can also put demographic information about your target market including population size, income demographics, level of education, etc. Find out who your competitors are by searching online directories and searching in your local Yellow Pages. Using online search engines is a good way to advertise your new business to customers a greater distance away. There are a number of professional online aids to help you with this in the form of financial management software - it is just a matter of finding the best one for you. Then you should plan how you will use this niche to make customers and generate revenue for your business. It is a very comprehensive document that outlines all the necessary headings and guidelines that are needed to create a good and comprehensive business plan.
This business plan assumes that the business will receive a 10 year loan with a 9% fixed interest rate. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations. Doe expects that the property will appreciate to have a value in excess of $850,000 by the third year of operations. The Company will have an onsite manager that will be given a free of charge mobile home to live in and a $20,000 annual stipend. This onsite manager will oversee the general operations of the property, showcasing vacant mobile homes to potential tenants, and secure leasing agreements for people that want to rent the Mobile Home Park’s units. Doe will be in daily contact with this manager to ensure the proper operation of the property.

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