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Tipping Point LLC Business Strategy and Considerations. Key Success Factors: Identified Demand Successful Community & Stakeholder Outreach Comprehensive Business Concept The Front of the House Needs to Support the Back of the House Leveraging Existing Assets
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Tipping Point LLC Business Strategy and Considerations
Key Success Factors: • Identified Demand • Successful Community & Stakeholder Outreach • Comprehensive Business Concept • The Front of the House Needs to Support the Back of the House • Leveraging Existing Assets • Access to Adequate Financing • Variable Expenditures • Cautious Planning and Careful Execution
Sources of Revenue: • Investments and Commercial Financing • Retail • Restaurant • Commercial Kitchen • Food Hub • Incubator Clients • Creative Space • Greenhouses • Economic Development Funding • Grants • Long-term Asset Improvements, Appreciation & Neighborhood Development Question: Who owns and runs each of these businesses?
Uses of Funds: • Planning and Approvals • Energy Upgrades • Building Expansion & Improvements • Rooftop Greenhouses • Commercial Kitchen & Food Storage • Marketing & Promotion • Carrying Costs • Operations • Net Income to Partners
Immediate Decisions: • Financial Relationship • Professional Contracts • Ben Walmer • Rich Feldman • Joe Schaffer • Financing Options • Events • Carrying Costs • Hierarchy of Expenses • Interim Income to Partners
Timeline & Budget: • To end of 2011 • Immediate Actions: • Term Sheet • Advisory Board — Levitan, CFO, other • Collect Promised Investment $ • Approach Other Accredited Investors • Confirm Professional Agreements • Potential Large Investor • Collect Letters of Intent from Potential Tenants • Open Bank Account