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Excerpt via Essay:
Budget Report/Justification for Elite Property Administration Headquarters
The Elite Property Management (EPM) has it is headquarters over the Mass Opportunity at the Penthouse premises. This is an extensive building that residences the head office and the entire staff that deals with the functions of the firm from this point although also has office buildings for the satellite limbs that the firm has to make coordination of easier. Next to the head office are also three stores the firm rents to help in central storage area of real estate of the firm.
The total cost of renting these types of premises was pegged by $1, 395, 000 with all the majority share going to the main building maintain offices, $495, 000. The 2 massive retailers were allotted $450, 000 respectively.
The area that cost the $495, 000 to get the year may help give 150 employees working spaces plus the extra space that would be intended for conference admission and refreshment areas. This kind of wholesome holiday accommodation will permit the organization to stop rampant employing of seminar halls to teach the staff and hold large scale meeting with potential clients. The space will likely ensure that staff are crafted for adequately within the property hence little movement out of the organization premises during operating hours, causing increased efficiency.
The nearby two shops will be sued for keeping items and any real estate of the business that will not be in use during the time. This will help ensure the building materials and machines of the business is protected from virtually any possible damage or harm. Bearing the company bargains in refurbishments and building of new complexes apart from taking care of the previously built kinds for the clients, there are machinery that cost towards the tune of millions of dollars hence need enough security and daily monitoring. This can be created by the same rental property manager responsible for the main building considering that the stores are close by. This will likely mean the cash that could have already been sued to hire someone to have charge in the stores in the event they were remote will be kept (Kevin Coyne et. ing., 2010).
The key building may also need a complete face-lifting and renovation as it has been the same for two years now. The $5, 500 will be satisfactory to buy color for the inside and exterior walls and replacement of various other smaller items which are cracked or worn-out within the main building just like door knobs
