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Careful Study Required

It certainly is an interesting concept. I think there would need to be a study as to the age group that would participate (maybe 20to50) with a focus on making sure the activites fit the age groups. There is some of this in the Washington DC area in so far as providing wilderness activites for work building realtionships. This will be a tremendous capital outlay and getting the zoning could be interesting.

Any project can be executed if there is a market for the goods or services. It might make some sense to conduct a study by age group of activites that different age groups would participate in . Since NASCAR is becoming more the rage, doing something with minnie racing might be interesting. Conducting a representative study of your market will give you hard evidence when you attempt to get investors and loans, Form an LLC and give investors a special rate of return for their investments proceeds and then share profits on a prorata ownership basis. Do your homework first and put enough equity into a piece of land that could become collateral for bank loans. Getting bank financing is cheaper than having equity partners.

 

posted by taxguy on January 22, 2007 at 5:41 PM | link to this | reply

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