Your Business Plan; The Key to Your Long-Term Success

A business plan is the foundation of any business. It establishes in writing the goals of any new or established business. It surprises me how many real estate investing companies think of going seeking investments for their ventures without a properly structured business plan. A business plan has primarily two functions; one is your business resume to potential investors in your real estate ventures and two it is a strong management tool. As an business resume it is your best presentation in raising capital; it tells your potential investors that your business is “investor ready”. As an internal management tool; it provides you with a written report of the vision of your business. You must focus on exactly what you are trying to achieve, where you want to go with your business idea, and how you plan to get there.

A business plan is a powerful internal management tool. During the preparation of it forces you to visualize your business five years down the road. It will force you to detail the many expenses involved to open your business, the projected sales and monthly expenses of actual operation, and the volume of business you will need to generate to meet your obligations. It will help you think about your real estate business and your strategies.

The business plan to be effective it must be professionally prepared to meet the needs of potential investors or internal use. For external use, the potential investor should be able to see your own project through the investor's eye and must be able to answer all the concerns of a potential contributor. If you are writing the business plan for internal use, the business plan must explain and illustrate your vision for the business. Therefore, to be able to prepare your business plan you must have a clear solid vision of what your business is going to be. It must convince not only you but others that your business idea is sitting on solid foundations and will be successful. Your business plan needs to tell others that you alone possess the expertise needed or collectively which will ensure that your real estate venture it will be both successful and profitable.

Your business plan is your key to the long-term success of your real estate business. It is the foundation of your business. No businesses are the same, just as no plans are the same. If you are having trouble writing the plan yourself, I am offering a special for the readers of this blog Real Estate business plans for only $500. Those who have subscribed to our mailing list receive a 10% discount. Here is what you will receive:

1. Professional business plans of 24-36 pages.

2. You will receive your business plans between 7-10 days.

3. FREE text edits/revisions for one full month from the date of delivery. After 30 days for a reasonable fee your business plan can be revised as needed.

4. You will receive your business plan via US postal service. It will be professionally packaged in a binder and ready to hand to a bank or an investor with your company name on boldly printed across the front cover. Additional copies already bound may be purchased for an additional $29.95 each plus $8.95 S & H. You may also purchase the electronic version (MS WORD file attachment) of your business plan for an additional $79.95. This will allow you print as many color copies as you need for your company and perform any edits in the future.

If you need FREE advice from a professional company before you get started, we strongly suggest that you contact the retired professionals associated with S.C.O.R.E at www.score.org - the advice is FREE!