Wednesday, August 6, 2014

Great Plains Holdings, Inc. (GTPH) Implements Progressive Growth Plan

Great Plains Holdings has successfully executed a strategy that will reduce its operating cost, increase its revenue, and keep its debt level at zero.

In April 2014, Great Plains reported that its Ashland Holdings subsidiary had completed the renovation of its head office in Wildwood, Florida, and several days ahead of schedule.

Ashland Holdings finished the first phase of the renovation February. The entire project encompassed two recently acquired, neighboring parcels of land. The first piece of land measures approximately 0.9 acres of land and contains one 1,400-square-foot corporate office building while the second parcel of land contains a manufactured home. Great Plains’ always intended to occupy one or more of the five office spaces in the corporate office building and to lease the rest of the vacant offices to generate revenue.

When Ashland completed the first phase of the plan, it did so productively and under budget. It also reported that the first tenant lease had been executed and that tenant had moved in. The second phase of the project is what was completed in April 2014 and allowed for additional leases and cash flow for Ashland Holdings, which perfectly aligned with Great Plains’ overarching goal to keep its debt low while increasing its income streams over the next year.

The renovation will reduce Great Plains’ operating costs and alleviate the company’s LiL Marc subsidiary of its annual warehouse leasing expense of $12,000. Great Plains plans to lease three of the office spaces inside the building to increase annual revenues by a projected gross of $18,000.

Management is quite pleased with the renovations to the company’s headquarters, the cost savings expected from this project, and the rapid pace of this expansion strategy. Ashland Holdings has certainly demonstrated its ability to effectively establish and execute a progressive action plan.

For more information, visit the company’s website at www.gtph.com

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