I. Corporate Strategy

   A. Statement of Corporate Strategic Plan and Goals....................  []
      1. Business Plan...................................................  []
      2. Technological Plan..............................................  []
      3. Human Resources Plan............................................  []
      4. Facilities Plan.................................................  []
   
   B. Gross recommendations for Facilities to Meet Corporate Goals.......  []
      1. Objectives......................................................  []
      2. Requirements....................................................  [] 
         --Products/services (drawn from business and technological plan)..[]
         --Personnel (drawn from human resources plan)...................  []
         --Building space................................................  []
         --Utilties/services (domestic and process power requirements)...  []
      3. General location................................................  []
      4. Schedule: impact on budget, cash flow, economic return..........  []
      5. Preliminary costs/budgets.......................................  []
         --Refurbishing and relocation costs for existing machinery, 
           equipment, furniture..........................................  []
         --Procurement costs for new machinery, equipment, furniture.....  []
         --Relocation costs for key personnel............................  []
         --Recruiting, hiring and training costs for new personnel.......  []
         --Inventory build-up costs to cover transition period...........  []
         --Land costs....................................................  []
         --Design/engineering fees.......................................  []
         --Site development costs........................................  []
         --Construction costs............................................  []
         --Financing costs...............................................  []

   C. Review of Facility Alternatives....................................  []
      1. Modernize or expand existing unit...............................  []
      2. Expand locally in a different facility..........................  []
      3. Expand out of region............................................  []
      4. Expand off-shore................................................  []
      5. Relocate total company operations to new area...................  []

   D. Justification for Specific Facilities..............................  []
      1. Introduction of new product.....................................  []
      2. Cost reduction..................................................  []
      3. Expansion of market area........................................  []
      4. Replacement of obsolete unit....................................  []
      5. Safety or employee benefit......................................  []
      6. Other...........................................................  []

   E. Review of Financing Alternatives...................................  []
      1. Requirements....................................................  []
         a. New building or expansion of existing structure..............  []
         b. Lease or purchase............................................  []
         c. Sale/lease-back..............................................  []
         d. Land leaseback...............................................  []
      2. Effect of alternate proposals on working capital................  []
      3. Effect of proposals on tax liability............................  []
      4. Payout time.....................................................  []
      5. Source of funds.................................................  []
         a. Retained earnings............................................  []
         b. Sale of stock, debentures, other securities..................  []
         c. Short-term bank loan.........................................  []
         d. Long-term loan or mortgage...................................  []
         e. Institutional funds..........................................  []
         f. Merger, acquisition..........................................  []
         g. Loan from affiliatd firm.....................................  []
         h. Loan from supplier...........................................  []
         i. Mutual funds.................................................  []
         j. Factoring organization.......................................  []
         k. Tax-exempt financing.........................................  []
         l. Local, regional development corporation......................  []
         m. State development corporation (privately financed)...........  []
         n. State development authority (publicly financed)..............  []
         o. Small Business Administration................................  []
         p. Loan guarantees by government entity.........................  []
         q. Enterprise zone financing....................................  []
         r. Joint venture................................................  []
       6. Credit factors.................................................  []
         a. Reputation of firm...........................................  []
         b. Type of business.............................................  []
         c. Length of time in business...................................  []
         d. Quality and continuity of management.........................  []
         e. Training of young executives.................................  []
         f. Earnings history.............................................  [] 
         g. Cash position................................................  []
         h. Net worth....................................................  []
         i. Other short and long term commitments........................  []
         j. Size and type of facility -- adaptability for other uses.....  []
      7. Factors Affecting Long Term Loans...............................  []
         a. General business conditions..................................  []
         b. Length of loan...............................................  []
         c. Interest rate................................................  []
         d. Importance of industry to community..........................  []
      8. Special inducements (See also Government Programs)..............  []
         a. Free land, plant.............................................  []
         b. Nominal rent.................................................  []
         c. Low interest rate............................................  []
         d. Tax incentives...............................................  []

   F. Leasing strategies.................................................  []
      1. Use of lease as financing vehicle...............................  []
      2. Sale/leaseback as a financing method............................  []
      3. Tax treatment of advance rental payments........................  []
      4. Improvements on leased premises.................................  []
      5. Amortization, depreciation of leasehold and improvements........  []
      6. Tax consequences of reental options.............................  []
      7. Distinction between ordinary repairs and capital expenditures...  []
      8. Tax treatment of options to purchase............................  []
      9. Tax treatment of net leases.....................................  [] 
      10. Use of percentage lease provisions to cope with inflation......  []
      11. Tax treatment of payment by lessee to secure or cancel lease...  []
      12. Tax consequences of subletting premises or assigning lease.....  [] 

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