In your company analysis, you will detail the type of property management business you are operating.
For example, you might operate one of the following types:
- Commercial property management: this type of property management company handles properties like industrial, retail, or office buildings.
- HOA management: this type of property management business usually performs work under contract with individual Home Owners’ Associations.
- Multi-family property management: this type of property management business manages multi-family residences, such as apartments.
- Single-family residential property management: this type of property management business manages many different houses in many different locations.
In addition to explaining the type of property management business you operate, the Company Analysis section of your business plan needs to provide background on the business.
Include answers to question such as:
- When and why did you start the business?
- What milestones have you achieved to date? Milestones could include sales goals you’ve reached, number of new contracts, etc.
- Your legal structure. Are you incorporated as an S-Corp? An LLC? A sole proprietorship? Explain your legal structure here.