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RIDGE VIRW COMMONS <br /> <br /> MARKETING BUDGET <br /> <br /> February, 1989 <br /> <br />1. EHI/PMS rent-up fee (100 units x $200) $20,000 <br />2. Staff hired to handle all admin. duties of rent-up 36,630 <br />3. Marketing Consultant 10,000 <br />4. Design of brochure, forms, etc. 10,000 <br />5. Advertising 3,000 <br />6. Printing, postage and general supplies 7,000 <br />7. Clerical support 3,000 <br />8. Model units 5,000 <br />9. Miscellaneous contingency 5,370 <br /> TOTAL MARKETING BUDGET $100,000 <br /> <br />This amount has been included in the construction loan. Therefore, <br />funds are set aside to pay for marketing costs. <br /> <br /> <br />