As a business owner (your real estate business), you should consider the following questions while preparing your business plan for 2009. In the next few weeks I will be scheduling business planning coaching sessions that I encourage all of you to sign up for. Now more than ever the most successful agents rely on their business plans to guide them through these rough waters. Arrrrrrrrrrrrgh!
- How much do I want to net in revenue from real estate sales?
- How many listings and sales will it take?
- How many hours each day will I commit to “Lead Generation”?
- What is your marketing/prospecting budget?
- What is your technology budget?
- How much will I budget for education and training courses?
- How many agents will I add to my down line in 2009? What is my profit share plan?
- What other revenue streams will I add to my business plan?
- What are my goals and a plan for my personal life. Time block time for yourself! Even schedule your vacations for the next year
- How am I going to expand my internet presence?
- Who is my next hire and what do I have to accomplish before I can hire them?
- What systems from the “Millionaire Real Estate Agent” book (MREA) will I enact and when?
- What subject or system, pertaining to real estate, will I master in the next year?
- What is my 30, 90, 120, 180, 365 goal plan
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