 |
 |
|
|
 |
Free Real Estate Business Plan
If you are starting a Real Estate business then it is practical for you to put in writing a Real Estate business plan. If you want capital for your business this will assist you with it and even if you are lucky to have enough funds to set up your own business then a business plan will support you in your business strategy. This will enhance the chances of your business being a hit, which cannot be a bad thing.
Your plan should incorporate the following...
Real Estate Executive Summary
Your Real Estate executive summary ought to be written at the end (although must appear at the top of your plan) as soon as you have done all the ground work in preparation of your business plan - it is after all meant to be a digest of your business. This is the page that should grab the awareness of the reader and make them grasp what your Real Estate business is regarding. Generally speaking it ought to provide the reader 3 years highlights of your business or longer if you produce a more long term business plan - i.e. when the investor(s) are likely to start seeing some profit on their investment. The Real Estate executive summary should declare the chief leading roles who are ready to help manage the business and generate the takings for the investors and if any new management will be needed in the process. Click here for more free advice on how to write your executive summary.
Real Estate Objectives
As the executive summary generally includes the breakdown of the first three years - your objectives should as well be set out for your first 3 years of operation - this may be a handful or may well be a good deal more complete - it is totally up to you, although having unrealistic goals to complete for your Real Estate business in an unrealistic timeframe will put likely investors off considerably than them being impressed at your towering objectives.Read more about business objectives.
Real Estate Mission
Various people see objectives and mission as the same thing but they aren't - objectives are there for you to meet your mission. The final mission of any business should be to sell it! If you can build your Real Estate business up to sell it at the same time as retaining a number of shares then you will have achieved success. To arrive at your ultimate mission you will almost certainly require some smaller missions - these might be to reach a certain turnover, to attain a certain quantity of clients, to wholesale a certain number 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 need to advise people how and why your Real Estate business is going to be a success - if you cannot think of something to write here then you are without hope. Even if your solution is simply that you are going to put more effort in than the next guy - then at least that is something...but you'll need to back it up with some evidence in particular if you are looking for investment in your Real Estate business.
Company Summary
Here you should put in writing a basic structure of your business over the next 3 years unless you have a long term plan.
Company Ownership
In basic terms put in writing who is going to own the Real Estate business and allocation of share ownership and voting rights for and allocation of share ownership and voting rights for those shares - it's relatively regular for someone to have possession of part of a company but hold no voice in how that business is run. You must say 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 Real Estate business going to be trading from and why are you going to be trading from this place - you may perhaps not be capable of giving pinpoint address at this early stage but you have to narrow it down as much as you can, as clearly this will have a major impact on your company. It's by and large simple to get premises for any Real Estate business in particular in this climate with so many businesses going out of business, but getting the correct business premises for the right money is a different prospect entirely.
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 Real Estate Business.
Before you can push any services or products you ought to record precisely all of the items you are going to require and if you are going to need any resources in order to pay for all of these items. You may need to adjust your start-up summary depending on your monetary situation - so you may perhaps prefer specific Real Estate equipment nevertheless not be capable of purchasing it until you have sold a few units of service / product.
Real Estate Start-Up Costs
This is a straightforward record of things you need to buy and things you can bring into the business if you already be in possession of them before your Real Estate business can start the ball rolling. If you do not have sufficient cash you should also include who is going to grant this investment to get your Real Estate business going.
Visit this page for more typical start up costs.
Real Estate Investment
If you do not have sufficient capital you ought to include the full amount of investment you are going to need and additionally include the breakdown of the parties that are going to fund 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 Real Estate Business.
Real Estate Business Plan Page 2
Useful Real Estate Resources
Real Estate Marketing Plan | Real Estate Equipment | Real Estate Online
Find a different business plan...