What Is Startup Capital?

Property management start-up funds refer to the funds required by the property management enterprise for the initial stage of the property management work and the special maintenance fund for the public facilities of the property

Property Management Startup Fund

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Property management start-up funds refer to the funds required by the property management enterprise for the initial stage of the property management work and the special maintenance fund for the public facilities of the property
Property management start-up funds refer to the funds required by the property management enterprise for the initial stage of property management work and the special maintenance fund for public facilities of the property.
It consists of two parts: one part is used for the funds required for the formation, establishment and composition of property management enterprises, and these funds are mainly contributed by real estate development enterprises, unit organizations, and individuals. It is mainly used for the registered capital of property management companies, the purchase and rent of office space, the purchase of office supplies, staff salaries and other related expenses. The other part is the maintenance of the property's public facilities. It is mainly used for the cost of accidental overhaul and daily maintenance of the property fixed by the property agency. Such as the maintenance of the house, water supply, power supply, gas supply, elevator, fire protection and other major projects and equipment replacement with the supporting facilities of the house. The cost of these projects is generally huge. The daily charges or other operating income of the property management agency are not enough to meet the demand. Therefore, as long as a certain amount of special maintenance fees for property public facilities are prepared in advance, the cost of major projects can be resolved. .

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