Business planning class 2013, Coldwell Banker Plaza
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Transcript of Business planning class 2013, Coldwell Banker Plaza
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Company
LOGO Business Planning
Class #1
What does this year look like for you?
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Formulating The Plan
• While you are formulating your business plan, you should discuss it with a trusted advisor, a mentor, or your broker. Ask your advisor to give you additional suggestions, insights, and opinions that will help you craft your plan for success.
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Entrepreneur
• As an entrepreneur, your ability to plan your course of action, and your understanding of your business, will directly affect your success.
• We will look at your business in new ways and help determine the direction your business will take.
• A plan is a roadmap, or a guide, to enable you to achieve your goals and objectives.
• You have entered into an occupation that requires specialized education, licensure, skill, and knowledge that enable you to provide a service that most individuals seek and require in our complex economy.
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Evaluation: Why Real Estate?
• Procuring freedom
• Making a difference
• Educating and informing
• Providing income
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What a plan will do for you:
• Your plan must document your vision/mission, set goals for your business, and develop a clear picture about products you sell services you provide.
• Your plan will give structure to perform daily activities, market properties, find clients, and generate sales.
• You will know how much you have to work to build the level of income you seek and have a clear understanding of what it takes, both of time and in money, to achieve those objectives.
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Analysis of my Business
•for the Year 20___
•Let’s take a look at what we’ve accomplished in the past 12 months so we can learn from
•the experience and decide what our objectives are for the next twelve months.
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Analysis of my Business
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Business Plan
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Business Plan
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Business Plan
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Financial Goals
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Net Worth Goal WorksheetCurrent Net Worth_ _______________________________ as of____________________ (date)
$___________Net worth (A-B)
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Net Worth Goal WorksheetGoal Net Worth___________________________________ as of____________________ (date)
$___________Net worth (A-B)