From: sakura Gearz
well the thing is i feel like people are just making assumptions
fine i will post my plan again in a more clear fashion
Sakura, firstly you did not answer my previous post which was where can one find and join the group and most important what is it called?
Now, having read your business plan, I am looking at this as a potential sponsor/investor and would like to add some comments and ask some questions.
If you would be so kind as to clarify them it would be appreciatted.
From: sakura Gearz
1) get more people to join the group to contribute to buying the sim
As previously requested, who is this group, what is the group charter?
From: sakura Gearz
2)buy the sim
Is this sim going to be mainland or an Island?
Will these people get Accountancy roles so in the event the land is sold on they will receive a pecentage of the land sale through the group?
From: sakura Gearz
3) everyone gets 1500 prims maximum this is assuming that theyll even use the 1500 because i have alot of people that have said theyre only going to use 500
So far how many people have said they will ony use 500 prims?
Taking these people into account and then the people that will use 1500 prims at what stage do you see the first sim filling up and a second sim needs to be purchased?
Can you tell me how you are going to manage, track the prim counts of each individual?
From: sakura Gearz
people pay 100ls a week minimum ill pay the difference along with our sponsors if people want to have skyboxes thats fine too the persons space is as big as their house however you cant take up 1/4 a sim 1/2 a sim or a whole sim.
You have previously mentioned that 23 people is what will be needed to make this business plan and group functional.
To briefly look at the figures so far, assuming the worse scenario, the land the group purchases is a private island.
The one thing you have not mentioned but did so in a previous post that each memeber will be required to pay a joining fee of L$1,000 so taking that into account in the following;
Month 1 L$ TOTAL
L$
Group joining fee; 23 members______1,000________________23,000
Land Purchase Price;_____________-23,000__________________0.00
Purchase price is normally first weeks rent/tier.
Group Payments: Week2 __________2,300___________________2,300
Tier: Week2____________________-23,000_________________-20,700
Group Payments: Week3___________2,300_________________-18,400
Tier: Week3____________________-23,000_________________-41,400
Group Payments: Week4___________2,300_________________-39,100
Tier: Week4____________________-23,000_________________-62,100
-----------------------------------------------------------------------------------------
Month End Balance:_____________________________________-62,100
Your Contribution and sponsors:____________________________62,100
At todays rates to purchase from the Lindex 62,100 lindens; 238,85 US Dollars
-----------------------------------------------------------------------------------------
Month 2 L$ TOTAL
L$
Group Payments: Week1 __________2,300___________________2,300
Tier: Week1____________________-23,000_________________-20,700
Group Payments: Week2___________2,300_________________-18,400
Tier: Week2____________________-23,000_________________-41,400
Group Payments: Week3___________2,300_________________-39,100
Tier: Week3____________________-23,000_________________-62,100
Group Payments: Week4___________2,300_________________-59,800
Tier: Week4____________________-23,000_________________-82,800
-----------------------------------------------------------------------------------------
Month End Balance:_____________________________________-82,800
Your Contribution and sponsors:____________________________82,800
At todays rates to purchase from the Lindex 82,800 lindens; 318,47 US Dollars
-----------------------------------------------------------------------------------------
As you can see you and/or your sponsors will need to find in Month 1 U$238,85 and in month 2 U$318,47.
Can you gaurantee that you or your sponsors are going to find this money to cover the weekly tiers. If one of your sponsors pulls out at the last minute you will still risk losing your land. How will you cover that?
This is a lot of money where there will be no return on the investment. Therefore this is more of a Charity and would in Real life be tax deductible.
Are you able to offer any advice or help on this matter?
From: sakura Gearz
4) buy a second sim if necessary for the remainder of the people
Would you like me to calculate this for you as above for your first sim, or can we just say that you may as well double the amount from above. This will more or less be your monthly commitments of approx U$600.00. Real life money!
From: sakura Gearz
fyi:the land will be rented
Please, you should change this to reflect in your first 2 parts of the plan.
1) Get more people to join the group to contribute to the purchase price which is the first weeks rent/tier.
2) Once group numbers are met purchase the land which will cover the first weeks rent.
From: sakura Gearz
therefor doesnt necessarily require rl money it all dpends on the kind of land and the owner if ll owns it then yeah it costs rl money but if you rent it from an estate it doesnt
I am sorry to say but you are being very badly misinformed.
As I highlighted above you will need to cover every week the weekly rent. You only receive in total L$2,300 from your group members. There is a shortfall every week of
L$20,300 or in real life terms U$78.08.
If you do not pay this amount you will be evicted from the land within a minimum of 48 hours, this I can more or less guarantee, unless every week you and your sponsors are going to pay the L$20,300 or U$78.08.
From: sakura Gearz
our group has sponsors that have agreed to pay the majority of the tier as well as me
Can you confirm who these sponsors are so that if I wanted to sponsor you I would know exactly what my liabilities would be.
In the event of a sponsor leaving how will you gaurantee that the sponsors donations will be covered for that period?
I look forward to your response.