Why business plans for real estate are important (pt 2)

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Followup to my part 1 of Business Plans for Real Estate 2014

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Why business plans for real estate are important (pt 2)

  1. 1. Why Business Plans for Real Estate are Important Chuck Ward Director of Marketing and Training Real Access Pro
  2. 2. Previous Discussion • Tuesday’s Discussion – What are business plans • Roadmap that helps any small business to determine where they are at, where they want to go, how to get there, and what obstacles are in the way – How often should we make one (or change) • Every Year • Every new marketing campaign
  3. 3. Reviewing • How often should we review our business plans – monthly, quarterly and annually – Change what’s not working – Add in new ideas • How often should we look at our business plans – Every single day – Some of us, more than once a day
  4. 4. What are Business Plans For • 1. Business Plan as a Means for Financing Business Startups • 2. Business Plan as Blueprints for Entrepreneurial Success • 3. Business Plan as a Roadmap for Future Business Activities • 4. Business Plan as a Set of Business Ideas • 5. Business Plan as a Means for Describing Business Ideas • 6. Business Plan as a Financial Guide for the Business • 7. Business Plan as a Mind Regulator
  5. 5. Steps in a Business Plans • Goal Setting – What do you want to do in closings – How many listings do you want – What’s the average income in a listing or transactions – Materialistic • New cars, private schooling, not living from commission check to commission check • Insert what your goals are
  6. 6. Determine Financial Goals
  7. 7. Determine Financial Goals
  8. 8. Determine Financial Goals
  9. 9. Next Steps in Business Plan Writing • Brainstorming • Writing Down Results
  10. 10. Sections To Think About
  11. 11. Sections To Think About
  12. 12. Sections To Think About
  13. 13. Sections To Think About
  14. 14. Sections To Think About
  15. 15. 2014 Introductions (Fundamentals) • • • • • More on Credit Coach and Smart Credit More on Marketing More on Property Websites More on Social Media Open Q and A starting in January for 45 minutes every day but Fridays • More on Getting Business in the Door and Getting Commission Checks in Your Pocket
  16. 16. Getting DeToxed • Getting of the dependence of paid lead generation providers • More Listings and Transactions in 2014 • More Money and Commission Checks • Less Money Doing it
  17. 17. 2014 Accountability Group • Accountability Group ( 10 – 15 members) • 90 days • Report Results in a Training in 2Q 2014 • Open By Interview Only • (Contact Chuck for Details)
  18. 18. Thanks for Attending • Chuck Ward • Director of Marketing – Head Trainer and Coach 888-884-0303 x200 813-447-0510 (best to text) chuck.ward (at) realaccesspro.com • Real Access Pro Family and Sponsors – RAP Family includes Towne Mortgage Pro (MI/OH) and Atlantic Pacific Pro (NJ/PA/FL) – Reltco Title (Florida)

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