Business Planning 2014 Sub-Heading Goes Here JUST THE FACTS – THE OPTIMIST 86% of small business...

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Transcript of Business Planning 2014 Sub-Heading Goes Here JUST THE FACTS – THE OPTIMIST 86% of small business...

Page 1: Business Planning 2014 Sub-Heading Goes Here JUST THE FACTS – THE OPTIMIST 86% of small business owners think they can do anything they set their mind.
Page 2: Business Planning 2014 Sub-Heading Goes Here JUST THE FACTS – THE OPTIMIST 86% of small business owners think they can do anything they set their mind.

Business Planning2014

Page 3: Business Planning 2014 Sub-Heading Goes Here JUST THE FACTS – THE OPTIMIST 86% of small business owners think they can do anything they set their mind.

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

Page 4: Business Planning 2014 Sub-Heading Goes Here JUST THE FACTS – THE OPTIMIST 86% of small business owners think they can do anything they set their mind.

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

Page 5: Business Planning 2014 Sub-Heading Goes Here JUST THE FACTS – THE OPTIMIST 86% of small business owners think they can do anything they set their mind.

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

Page 6: Business Planning 2014 Sub-Heading Goes Here JUST THE FACTS – THE OPTIMIST 86% of small business owners think they can do anything they set their mind.

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…..

Page 7: Business Planning 2014 Sub-Heading Goes Here JUST THE FACTS – THE OPTIMIST 86% of small business owners think they can do anything they set their mind.

THE REALITY

#1 CAUSE FOR FAILURE

*LACK OF A PROPER BUSINESS PLAN**LACK OF REVIEW OF BUSINESS PLAN*

Page 8: Business Planning 2014 Sub-Heading Goes Here JUST THE FACTS – THE OPTIMIST 86% of small business owners think they can do anything they set their mind.

THE REALITY

“BUSINESSES DON’T PLAN TO FAIL…

…BUSINESSES FAIL TO PLAN!”

Page 9: Business Planning 2014 Sub-Heading Goes Here JUST THE FACTS – THE OPTIMIST 86% of small business owners think they can do anything they set their mind.

THE SOLUTION

2 Simple Forms

1. 2 Page Business Plan Form2. Agent Income Calculator

Page 10: Business Planning 2014 Sub-Heading Goes Here JUST THE FACTS – THE OPTIMIST 86% of small business owners think they can do anything they set their mind.

Keys to Your Success

1. Review Your Plan2. Review Your Plan3. Review Your Plan

Page 11: Business Planning 2014 Sub-Heading Goes Here JUST THE FACTS – THE OPTIMIST 86% of small business owners think they can do anything they set their mind.

HERE’S TO YOUR INCREDIBLE SUCCESS!