A business plan is a working tool, identifying and defining business goals and outlining methods of achieving them. It is a detailed description of exactly how a real estate licensee or broker intends to create and operate their business. The business plan is based on research of the industry and an analysis of personal and business income and expenses.
The first part of this course deals with goal setting. The second part of the course takes goal setting to the next level – business planning.
Students will be presented with concepts and ideas related to setting goals that meet personal business objectives. At the conclusion of this course the student will be able to:
- Prepare clear, concise, and attainable written goals
- Illustrate the importance of a business plan
- Develop a basic business plan using at least three plan elements
This course contains numerous activities and is completed with a final exam.