Scope of Work
Johnson Corporation conducts real estate marketing as well as real estate consulting. The company undertakes all maintenance duties for real estate facilities and organizations and conducts all the security and surveillance for the properties.
Financial Considerations
The company expects to reach the desired profits in the first year and does not anticipate serious cash flow problems. We believe that the average profitability per month for the first 3 years will be sufficient. However, we have current borrowing from the Bank of America to be paid off in 3 years. Most of the company’s liabilities come from management investment.
Expected Activities of General Bank Account
Initial Deposit of US$1000 by Bank of Toronto Official check was made. Then wire funds of nearly US$300,000 from securities account were made. To prove the origin of funds, account documentation will be provided.Required Banking Services include savings account, checking account, online banking, and secured credit card and debit card.