business planning 2014 sub-heading goes here just the facts – the optimist 86% of small business...
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Business Planning2014
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JUST THE FACTS – THE OPTIMIST
• 86% of small business owners think they can do anything they set their mind to
• 77% say they would rather learn from failure than never try
• 89% describe themselves as leaders and 54% say they don't want a boss
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JUST THE FACTS – THE OPTIMIST
• 25.8 million small businesses in the United States
• Those businesses have generated 70% of all new jobs in the last decade
• Those businesses represent 97% of all goods exported. 600,000 new business will start up this year
Source: EveryJoe.com; Entrepenuer
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JUST THE FACTS – THE REALITY
• 1/3 of all businesses close after 2 years
• 56% fail after 4 years
• 200,000 small businesses closed between 2010 and 2013• 93% of small businesses have revenues
of less that $250,000Sources: ritholz.com; small business administration
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JUST THE FACTS – THE REALITY
Why Real Estate Professionals Failed
#1 Lack of adequate start up capital
#2 Part time vs Full time
#3 Mindset/preparation/competenceSource: Inman News
Translation…..
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THE REALITY
#1 CAUSE FOR FAILURE
*LACK OF A PROPER BUSINESS PLAN**LACK OF REVIEW OF BUSINESS PLAN*
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THE REALITY
“BUSINESSES DON’T PLAN TO FAIL…
…BUSINESSES FAIL TO PLAN!”
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THE SOLUTION
2 Simple Forms
1. 2 Page Business Plan Form2. Agent Income Calculator
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Keys to Your Success
1. Review Your Plan2. Review Your Plan3. Review Your Plan
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HERE’S TO YOUR INCREDIBLE SUCCESS!