Clarence Brantley - How To Write A Business Plan

As the owner of a number of businesses, including a successful real estate development company, Clarence Brantley understands the importance of creating strong business plans that can be used as the foundation for the growth of the company. Creating an effective business plan is no easy task, so make sure you consider all of the following when writing your own.

Focus On Figures

At the end of the day, business is all about making money so you need to focus as much of your business plan as possible on your figures. Understand your expenditures and potential revenue streams and make sure to double-check every single thing you claim, especially if you are looking to attract investors with your business plan.

Keep It Concise

Many new business owners make the mistake of creating bloated business plans in an effort to provide every last scrap of information that they can think of to the reader. Unfortunately, this approach often betrays a lack of experience and makes it more difficult to get to the most important information in the plan. Be concise and focus everything you write around your business goals.

Consider The Competition

Clarence Brantley has worked hard to separate each and every one of his businesses from the local competition. Understanding the demand for your product or service and, as importantly, how your competition is supplying that demand is vital. Your plan should detail how you will make your company unique and why customers would choose you over other suppliers in the area.

Clarence Brantley - The Development Process

Clarence Brantley has nearly four decades of experience as an entrepreneur. He has launched a successful real estate development company and a used car business, and owned and operated a string of hair salons in Georgia and Alabama.

He formed the Weegoo Construction Company in the late 1970s, and has since developed numerous commercial and residential real estate properties. The development process is typically broken up into a series of phases, beginning with the initial idea for a project. Part of this first step is knowing why you’re getting involved: is it something intended to produce a quick profit, or are there long-term objectives in mind, like developing it for rental returns?

Next, the developer looks at potential sites that will serve the idea. Factors to consider include consulting and construction costs, and the probable end sale values and desired profit margin. It’s always good to plan on contingencies, because most projects have some unexpected costs.

From there, the next step is to buy the land and get an architect and other designers to draw up plans. Once these have been approved then the developer gets quotes from different builders and arranges for financing on the project’s construction phase. This is one of the longest phases and depends on the project’s complexity.

When the construction is done the project is refinanced and either leased in the long term, or sold. Clarence Brantley is still active in real estate development to the present day.
Sources:
http://propertyupdate.com.au/how-to-get-started-in-property-development-article/
http://dev-tips.com/basic-real-estate-development-process/
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Clarence Brantley - Home Renovation Costs

Clarence Brantley is a real estate development professional who has taken on countless projects during the course of his career. He has been involved in projects ranting from new construction of commercial properties to the renovation of existing residential homes.

Home renovations are always huge projects, and they can be a real ordeal for homeowners. Clarence Brantley understands what a drain they can be on anyone’s budget, and works closely with his clients to find ways to hold the line on costs as much as possible. With careful planning, almost any house can be renovated for less than what the owner might have imagined.

Size is always a factor when assessing a new renovation. Simply put, the final tally is going to depend on the size of the space involved, and the scope of the renovation project. Bigger homes generally cost less per square foot to renovate, but since there is so much more square footage involved, it’s still going to add up. Every project, of course, is going to have unique aspects that influence the final outcome.

It’s always smart to remember the age-old truism that you get what you pay for. Veteran construction professionals know that it’s a mistake to try to cut costs by going with cheaper materials. If you’re going to do it, you should do it right; otherwise, it may be worth your while to wait a while until you can afford to have it done the way you’d like it done.

Clarence Brantley launched Weegoo Construction in 1977, and continues to develop commercial and real estate properties.
Sources:
http://homerenovations.about.com/od/legalsafetyissues/a/artremodelbasic.htm
http://www.hgtv.com/design/decorating/clean-and-organize/top-25-biggest-renovating-mistakes-pictures
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