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Business Planning The Key to your success in Real Estate! Darryl and Christine Mitchell
A Business Plan ,[object Object],[object Object],[object Object],[object Object],[object Object]
Why a Business Plan? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Vision Statement ,[object Object],[object Object],[object Object],[object Object],[object Object]
Analysis ,[object Object],[object Object],[object Object]
Competitive Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Compare C21 Prudntial ReMax CB International Local National Yes By office By office National local Some Some Some Some 6.4% 6.3% 32.1% 4.5% 35 40 160 35 +40 +40 +150 +30 Yes Yes Yes Yes Company Internet INTERNATIONAL  Listings on Site Thousands Training Multi-faceted Market Share 42.4% Agents +200 Oakville Listings +200 MLS Yes
Self Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Analyze Effectiveness ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Financial and Production Review ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
2010 Goal Setting 2009 Actual $2,500,000 13 10 3 13 78% $250,000 66% $7,500 2009 Goal $2,200,000 10 9 5 14 90% $220,000 80% $8,000 2010 Goal $2,900,000 15 12 4 16 80% $260,000 70% $7,600 2010 Actual ? ? ? ? ? ? ? ? ? ? ? ?
Marketing Budget ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
You know you are a  Technology RED NECK  When --- ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Action Plans ,[object Object],[object Object]
Time Management ,[object Object],[object Object],[object Object],[object Object],[object Object]
Balance ,[object Object],[object Object],Physical Mental Metaphysical
Balance in Life Financial Goals Personal Goals Business Goals Family Goals
Balance in Financial Goal s Financial Goals Personal Goals Business Goals Family Goals Budget Revenues Taxes Expenses
Balance in Personal Goals Financial Goals Personal Goals Business Goals Family Goals Sports Political Health Music Spiritual Family
Personal Development ,[object Object],[object Object],[object Object]

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2010 Business Planning 1

  • 1. Business Planning The Key to your success in Real Estate! Darryl and Christine Mitchell
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7. Compare C21 Prudntial ReMax CB International Local National Yes By office By office National local Some Some Some Some 6.4% 6.3% 32.1% 4.5% 35 40 160 35 +40 +40 +150 +30 Yes Yes Yes Yes Company Internet INTERNATIONAL Listings on Site Thousands Training Multi-faceted Market Share 42.4% Agents +200 Oakville Listings +200 MLS Yes
  • 8.
  • 9.
  • 10.
  • 11. 2010 Goal Setting 2009 Actual $2,500,000 13 10 3 13 78% $250,000 66% $7,500 2009 Goal $2,200,000 10 9 5 14 90% $220,000 80% $8,000 2010 Goal $2,900,000 15 12 4 16 80% $260,000 70% $7,600 2010 Actual ? ? ? ? ? ? ? ? ? ? ? ?
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17. Balance in Life Financial Goals Personal Goals Business Goals Family Goals
  • 18. Balance in Financial Goal s Financial Goals Personal Goals Business Goals Family Goals Budget Revenues Taxes Expenses
  • 19. Balance in Personal Goals Financial Goals Personal Goals Business Goals Family Goals Sports Political Health Music Spiritual Family
  • 20.