#71 – Single Family Property Management 101
Attorney & Best-Selling author William Bronchick (www.Legalwiz.com) discusses Single Family Property Management 101.
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Read MoreAny major endeavor worth doing right requires some sort of organized plan. Starting a business and getting it off on the right foot is no different. It’s amazing to me that most folks that are starting a business spend more time planning a 1-week vacation that they do laying out the steps of a business they intend to support them for many years into the future!
Before you begin, most of you probably think that creating a business plan can be overwhelming. Admittedly it does take some time, effort and concentration, but there are many tools available to get you started. There is no need to reinvent the wheel! The first thing you want to do is find a business plan template. This will be your guide so that thoughts, ideas, and goals are formatted and inserted correctly, efficiently and in a logical manner.
There are a million websites available out there, some are free and some will cost you a bit of money. All you need to do is Google: Business Plan Templates and there will be many to choose from. Most will have the major key ingredients listed within them. However, in order to help you on your journey, we will explore 7 key ingredients that are essential in a complete business plan.
Hopefully, these 7 Tips will help you formulate a solid business plan that rockets you to success! Remember, a business plan is like a map. It can be changed, tweaked, adjusted and revised as your circumstances or the market circumstances change. As part of our Real Estate Coaching Program, we at Bronchick Consulting help each of our students design a business plan that will serve as a guide to their real estate endeavors.
Here’s to your success!
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Attorney & Best-Selling author William Bronchick (www.Legalwiz.com) discusses Single Family Property Management 101.
Podcast: Play in new window | Download
Subscribe: RSS
Read MoreAttorney & Best-Selling author William Bronchick (www.Legalwiz.com) discusses seven tips for screening tenants.
Podcast: Play in new window | Download
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Read MorePodcast: Play in new window | Download
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