Tag Archives: consulting

GRP Capital Team coming to AAHOAcon25

Our team is excited to attend the AAHOAcon25, to be held in New Orleans from April 15th through April 17th. We can’t wait to be in NoLa to network and celebrate with all of you.

What makes the AAHOA conference so important to us?

Making Connections with Clients

We love talking on the phone and emailing our clients and lending partners. We even learn from each other on Zoom and conference calls. But AAHOACon25 lets us see each other face to face. We have the opportunity to hang out with our clients, to hear about their successes and challenges and their dreams. We find the time to get to know our clients better and figure out how we can help these entrepreneurs realize their aspirations.

Building our Lender Network 

We also strengthen our connections with lenders. Lenders typically love our business model. What’s not to love? We partner with fabulous clients, pre-package their loans and do the bulk of the document collection during underwriting. Because we know the lenders’ wishlist for loans (size, geographic area, debt coverage, what types of hospitality properties, other industry loans), we only bring them what they are looking for. Adding to our lender network benefits everyone, providing more options for a variety of financing.

Learning Together

There is much to learn from many experts. We can take away a ton of knowledge from attending the huge variety of educational opportunities at the AAHOA conference. Even more important, our learning is enhanced by being surrounded by our peers and mentors, clients and lending partners, old friends and new acquaintances.

GRP Capital President Rick Patel notes, “Our team will again be at AAHOA Convention; it’s an important time in the hospitality industry and we want to make sure that we all meet and get to know the people who can use our assistance. It’s the highlight of our year in many ways.”

Are you wanting some one-on-one time or free business consulting during the conference? Make connections with our GRP Capital team members now and we can reserve time to explore your business concerns and future solutions.

Downtown Orlando AAHOAcon24

Entire GRP Capital Team coming to AAHOAcon24

Our entire team is excited to attend the AAHOAcon24, to be held in Orlando, Florida from April 2nd through April 5th. We are thrilled to be in our own Sunshine State to network and celebrate with all of you.

What makes the AAHOA conference so important to us?

Making Connections with Clients

We love talking on the phone and emailing our clients and lending partners. We even learn from each other on Zoom and conference calls. But AAHOACon24 lets us see each other face to face. We have the opportunity to hang out with our clients, to hear about their successes and challenges and their dreams. We find the time to get to know our clients better and figure out how we can help these entrepreneurs realize their aspirations.

Building our Lender Network 

We also strengthen our connections with lenders. Lenders typically love our business model. What’s not to love? We partner with fabulous clients, pre-package their loans and do the bulk of the document collection during underwriting. Because we know the lenders’ wishlist for loans (size, geographic area, debt coverage, what types of hospitality properties, other industry loans), we only bring them what they are looking for. Adding to our lender network benefits everyone, providing more options for a variety of financing.

Learning Together

There is much to learn from many experts. We can take away a ton of knowledge from attending the huge variety of educational opportunities at the AAHOA conference. Even more important, our learning is enhanced by being surrounded by our peers and mentors, clients and lending partners, old friends and new acquaintances.

GRP Capital President Rick Patel notes, “Our entire team will again be at AAHOA Convention; it’s an important time in the hospitality industry and we want to make sure that we all meet and get to know the people who can use our assistance. It’s the highlight of our year in many ways.”

Are you wanting some one-on-one time or free business consulting during the conference? Make connections with our GRP Capital team members now and we can reserve time to explore your business concerns and future solutions.

Entire GRP Capital Team coming to AAHOAcon23

Our entire team is excited to attend the AAHOAcon23, to be held in Los Angeles April 11-14th. California, here we come!

What makes the AAHOA conference so important to us?

Making Connections with Clients

We love talking on the phone and emailing our clients and lending partners. We even learn from each other on Zoom and conference calls. But AAHOACon23 lets us see each other face to face. We have the opportunity to hang out with our clients, to hear about their successes and challenges and their dreams. We find the time to get to know our clients better and figure out how we can help these entrepreneurs realize their aspirations.

Building our Lender Network 

We also strengthen our connections with lenders. Lenders typically love our business model. What’s not to love? We partner with fabulous clients, pre-package their loans and do the bulk of the document collection during underwriting. Because we know the lenders’ wishlist for loans (size, geographic area, debt coverage, what types of hospitality properties, other industry loans), we only bring them what they are looking for. Adding to our lender network benefits everyone, providing more options for a variety of financing.

Learning Together

There is much to learn from many experts. We can take away a ton of knowledge from attending the huge variety of educational opportunities at the AAHOA conference. Even more important, our learning is enhanced by being surrounded by our peers and mentors, clients and lending partners, old friends and new acquaintances.

GRP Capital President Rick Patel notes, “Our entire team will be at AAHOA Convention; it’s an important time in the hospitality industry and we want to make sure that we all meet and get to know the people who can use our assistance. It’s the highlight of our year in many ways.”

Are you wanting some one-on-one time or free business consulting during the conference? Make connections with our GRP Capital team members now and we can reserve time to explore your business concerns and future solutions.

What’s in a Good Business Plan?

Many lenders require borrowers to create a business plan. A well-crafted business plan shows a borrower’s intentions. Crucially, this business plan is evidence that they are ready to take on debt to fund an existing or new enterprise.

Elements of a Strong Business Plan:

• Market Analysis: Lenders can be located all over the country. As a result, they may not know about the exact site of your business. They need to know about your business’ location and its strengths in addition to your position in your industry. What locally will drive people to your business? Who are your targeted customers? Who is your competition and what are your proposed advantages over them? Finally, are there market trends that support this enterprise?

• Detailed Plans for future Operations and Management: How is your business going to be structured? Most importantly, will this business be owner-managed or will you be hiring a management team? What experiences does your management team have in this industry? How will you handle hiring, training and supervision of employees? Who will be in charge of monitoring financials?

• Financial Projections: Creating a three year detailed financial projection can bolster a borrower’s case. Fortunately, GRP Capital is adept at helping to create, revise and analyze these documents in consultation with our clients. Financial projections need to include as many categories as you can think of. These categories include franchise fees if applicable, insurance, payroll, contract labor, daily operational costs and continued capital expenditures and renovations as needed.

• Strategies for Marketing: How will you get the word out there to your customers? Will you depend on a franchise for a marketing platform? Ultimately, do you have a plan to differentiate yourself from your competitors? Will you hire a marketing director? Who is responsible for monitoring online reviews and responding when possible?

• Possible Roadblocks: Try to imagine the scenarios that could be challenging. Specifically consider what are the risks in this business and in this location. How could you handle supply disruptions? Are there issues that could impact worker retention? If you are buying a business, what challenges did the sellers face and how would you handle these challenges if they recur?

Let GRP Capital Help You Craft a Strong Business Plan

Our GRP Capital team specializes in crafting financing solutions tailored to each client’s unique goals.

Whether you’re purchasing, refinancing, or building from the ground up, our extensive network of lenders ensures you’ll find funding that aligns with your goals and cash flow needs.

Here’s what sets us apart:

  • We save you time by researching and identifying the best funding options for your project.
  • Our expertise spans various loan products—including non-recourse loans, SBA loans, bridge loans, and conventional financing—so you can navigate even the most complex transactions confidently.
  • Beyond lending, we provide strategic guidance on operational decisions that drive long-term business success.