At the end of each year, I dedicate these blogs to all my real estate friends who are doing business plans.
Don’t Start at the End of the Planning Process!
We managers have heard these questions many times: “What actions should I put in my business plan for next year?” “What should I do?” “Give me what to do so I’ll do everything right next year.” Unfortunately, that’s doing your business plan backwards. It’s like starting at the end of a piece of music and playing it to the beginning.
What You CAN ‘Copy’ for a Great Business Plan every Time
Another thing you may have heard from agents: “Give me a business plan.” or “I want to use _______’s plan.” That’s another big mistake. It’s your business and it needs to be your plan. However, what you can copy is the process for a great plan. In fact, Dwight D. Eisenhower (former US President), said, “The planning is everything. The plan is nothing.” What that means is that it’s the thought process that’s important. So, use a planning process that takes you through the necessary steps. (See Beyond the Basics of Business Planning, for an online business planning system based on the strategic planning process).
10 Questions to Ask Yourself so You Create the Right Action Plan for You
Recently, I did a business planning webinar for an association. I provided attendees with 10 questions to ask themselves. The answers to these questions provide the guidance needed to create that effective, individualized business plan. Here are those questions for you to use as you create your plan. [pdf-embedder url=”https://getarealestatecoach.com/wp-content/uploads/2020/11/Strategic-Business-Planning-10-Questions-to-Ask-1.pdf” title=”Strategic Business Planning 10 Questions to Ask”]
Let Me Help You Create that Plan
Contact me to find out how I can educate your company or association on business planning and support and coach you. Give me a call at 425.392-6914 or email me at firstname.lastname@example.org. I can do a webinar series for you, supply you will all the planning documents, and help your leadership coach your agents–at a very affordable cost with big pay-off for you.