Business Plan
This Hotel will be built through a small business loan from local banks. Gold Cost Commercial Bank will take care of 60% of the needed amount of monetary capital required to complete the projection while the owners will supply the other 50% of the construction money. The Loan will be repaid in 5 years at 9% interest rate. We are also assuming that the initial operating capital to take care of the hotel will be provided by Mr. Jones and Mrs. Juliet Jones at an equal portion. Additional capital will be injected into the business after one year by ...