COSVRY INVESTMENTS

COSVRY INVESTMENTS

Monday, May 18, 2015

PERSONAL FINANCE MANAGER TO THE PROPRIETOR

Introduction:
As pointed out in the post, REORGANIZATIONAL SUCCESSION THOUGHT PROCESS/DECISION, a different role would be considered for Elin Nordegrin as she was being reassigned from the Cosvry Regional Manager position for another role and the purpose of this post is to announce the position she has been considered for and will be offered. Please follow below for details.

PERSONAL FINANCE MANAGER TO THE PROPRIETOR:
This full-time position involves the management of the personal investments of the Proprietor excluding the “Holding Base” Conservery and associated Proprietorships activity to ensure that sound financial maintenance is being carried out regarding the personal investment vehicles of the Proprietor, which could include but not be limited to such instruments as real estate holdings etc. In this instance, the Manager’s responsibilities will be to ensure that rents are collected from those properties being rented and all real estate taxes due are brought to the attention of the Proprietor when appropriate, etc., whether those properties are held nationally or internationally. Since this position is specific to the investments carried out, only general examples can be made here to provide a generic idea of what the Manager will be required to effect. For example, in the case of the Independent Proprietorships, the Manager will be required annually to determine with the individual Proprietors the profits realized to adequately determine the 60/40 percent profit sharing split to be divided with the Proprietors, for the purpose of obtaining the Proprietor’s annual 40% return from this investment activity. However, in this instance where her (the Manager’s) Proprietorship is concerned, Elin who will hire her own Manager to implement this business successfully, will refrain from overseeing that Proprietorship’s profitability. In all other instances however, the Manager will ensure that adequate attention is directed to these instruments that will serve to enhance personal income tax activity, which will be overseen by the Manager in concert with the avenue determined to effect such activity. The Manager will also oversee the financial activity regarding ClChs Bakery with the associated Independent Proprietorships involved to ensure adequate financial activity is being undertaken and realized from these mobile only operations.

Conclusion
:
Since the attention of the Proprietor will be directed to many different activities to ensure that the main investment realizes outstanding returns, the Manager will serve as the “eyes” and “ears” with regards these personal investments to ensure that order and proper payments/rates-of-return where applicable are effected in these critically important vehicles. I’s confident that in Elin Nordegrin, the most thoughtful individual has been selected for this very important function, which I’m confident she will affect and implement professionally; so please join me in congratulating Elin as she will use her management skill to successfully execute this critically important position.

James F. Brazant
Proprietor
Conservery/Cosvry/ClChs Bakery
5/18/2015
(see the
Conservery Blog Page for the Proprietorship’s new mailing address)

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