This post is all about getting approved financing to purchase our new Bush Order Provisions property in Kam Lake, Yellowknife. The period of time between accepted offer-to-purchase and possession date.
Finding the right property for Bush Order Provisions was not an easy task. There were many variables including property size, existing infrastructure, and it needed to accommodate a secondary revenue stream. We were also somewhat restricted to the Kam Lake area as it is zoned for commercial agriculture, with a residential overlay. This is the story of how we found the right property for us.
We want to share the story of how we came to write our business plan, and finance our land purchase and startup costs. We want to share the hurdles we overcame, what many of the unknowns were, and how long it really took to get approval.
Land was the first thing that we decided we wanted to own when considering building our business. It is also the most expensive and sparsely available commodity in Yellowknife. Many have probably been asking why would they want to take on such a large expense during the onset of their new business? The answers is complex, one which we are
Navigating through financing is a very slow process with many things to address. What was suppose to happen on October 5th, has finally happened on October 29th.
I said as we started this journey and when we announced our plans that I wanted to chronically the steps we take. Well, there have been many steps to get us to just this point, which is barely the starting line, but I will get back to those one day soon. The idea is that these are short bursts of
Writing our first update to you has been a difficult one to compose for multiple reasons. First, we aren’t in the rhythm of writing them yet, and the first one is always the hardest. Second, with the slow start to summer, we really don’t have much to report on the gardens, which is making us nervous. Third, our oven is