What else does an ASC Development and Management Company do?
An experienced Development and Management Company (DMC) assumes responsibility for leading all major development, pre-opening and operational tasks that are critical to the long-term success of your ASC. Construction and pre-opening tasks would include: • Advice as to the optimal form of ownership and legal / corporate structure for the ASC • Creation of all necessary corporate documents (e.g., Charter, Bylaws, Operating Agreement) • Compliance with all applicable Federal or State Securities regulations • Preparation of documents and sale of ownership interests • Securing necessary Project financing and initial Working Capital to include preparation of Request for Proposals (RFP’s) to Lenders, analysis of all Proposals received and recommendation as to the Lender of choice • Oversight of Equipment Planner to include final selection and acquisition of all required Furniture, Fixtures and Equipment • Selection and acquisition of all required management, accounting, information and safety
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