Free Estate Agency Business Plan
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Free Estate Agency Business Plan

If you are starting an Estate Agency business then it is wise for you to put in writing an Estate Agency business plan. If you want finance for your company this will assist you with it and even if you are blessed to have enough capital to start-up your own business then a business plan will assist you in your business strategy. This will enhance the likelihood of your business being a hit, which cannot be a bad thing.

Your plan should embrace the following...

Estate Agency Executive Summary

Your Estate Agency executive summary ought to be written at the end (although should show at the top of your plan) as soon as you have done all the ground work in preparing your business plan - it is after all meant to be a summing up of your business. This is the page that should grab the interest of the reader and make them appreciate what your Estate Agency business is regarding. Commonly it ought to present the person who reads it three years highlights of your business or longer if you come up with a more long term business plan - i.e. when the backer(s) are liable to start seeing some profit on their investment. The Estate Agency executive summary ought to talk about the key protagonists who are ready to assist run the business and generate the takings for the investors and if any new management will be required in the process. Click here for more free advice on how to write your executive summary.

Estate Agency Objectives

As the executive summary customarily includes the breakdown of the first 3 years - your objectives should as well be set out for your first three years of operation - this might be a handful or might be to a large extent more detailed - it is totally up to you, although having unrealistic goals to realize for your Estate Agency business in an unrealistic timeframe will put likely investors off considerably than them being impressed at your lofty objectives.Read more about business objectives.

Estate Agency Mission

Various people see objectives and mission as identical things but they are not - objectives are there for you to meet your mission. The final mission of any business ought to be to sell it! If you can build your Estate Agency business up to sell it whilst keeping a quantity of shares then you will have done well. To attain your fundamental mission you will most likely need several smaller missions - these might be to attract a certain turnover, to reach a certain number of clients, to sell a certain amount of units of a product or service and your objectives are there to meet this mission.

Check out some of these example mission statements before you have a go at writing your own mission statement.

Keys to Success

You ought to advise people how and why your Estate Agency business is going to be a winner - if you cannot think of anything to enter here then you are without hope. Even if your remedy is in simple terms that you are going to put more effort in than your competitor - then at least that is something...but you will need to back it up with some evidence in particular if you are looking for investment in your Estate Agency business.

Company Summary

Here you should put in writing a basic construction of your business over the next three years unless you have a long term plan.

Company Ownership

Basically note down who is going to own the Estate Agency business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for the shares - it is fairly widespread for somebody to be the owner of part of a company but have no say in how that company is run. You need to declare if the business is a limited company, private, public or if you are a sole trader.

Not sure which business structure to go for?

Location(s) and facilities

Where is your Estate Agency business going to be trading from and why are you going to be trading from this site - you may perhaps not be capable of giving pinpoint address at this young stage but you have to narrow it down as much as you can, as obviously this will have a critical effect on your business. It's generally effortless to get premises for any Estate Agency business especially in this climate with so many businesses going out of business, but getting the decent business premises for the right money is a different prospect completely.

Read more about business premises.

Start-up Summary for your Business

Before you start trading it's a good idea to have a business bank account and you are also going to have to choose a new name for your Estate Agency Business.

Before you can promote any services or products you ought to write down precisely all of the equipment you are going to require and if you are going to need any money in order to pay for all of these items. You may well need to tone down your start-up summary depending on your fiscal condition - so you may perhaps prefer certain Estate Agency equipment but not be able to have enough money for it until you have sold a few units of product / service.

Estate Agency Start-Up Costs

This is a upfront record of things you need to buy or things you can bring into the company if you already be the owner of them before your Estate Agency business can start working. If you do not have enough funds you should also add in who is going to grant this capital to get your Estate Agency business going.

Visit this page for more typical start up costs.

Estate Agency Investment

If you don't have enough money you ought to enter the full amount of investment you are going to need and furthermore include the breakdown of the parties that are going to bankroll the investment. Include the equity being given away to fund this or loan agreements in order to finance the deal. Will you require a small business bank loan? If you cannot get a bank loan don't worry there are alternative methods for funding your Estate Agency Business.

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