Descripción: A business plan if you're just starting a business or doing a reboot. Offers key incites on how to secure financing and covers the key components of how to right a good plan
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RETAIL MANAGEMENT Business Plan For e|äÉÜç Mehboob Nagar HYDERABAD Submitted To: Ms. Mallika Submitted By: Ashmita Mondal BBA-MBA(int) Sem-6th RR1710A06 3020070020 Contents 1.…Full description
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2012 BUSINESS PLAN RECAP OF 2011 BUSINESS:
Days Worked
__________
Hours of Lead Generation
__________
Contacts Made
__________
Appointments Set
__________
Appointments Completed
__________
Listings Taken
__________
Listings Expired
__________
Listings Canceled
__________
Listings Sold
__________
Buyer Sales
__________
Buye Buyerr Agen Agents ts’’ (on (on your your tea team) m) Sal Sales es
____ ______ ____ ____ __
Price Reductions
__________
Deals Fell Through
__________
Closed Transactions
__________
Closed Gross Income
__________
Current Inventory
__________
Curr Curren entt Numb Number er of of Unde Underr Cont Contra ract cts s
LISTINGS NEEDED FORM Goal for number of transactions you must close to make goal (A)
__________
Figure 10 10 pe percent ent fa fallout if if you do do no not k kno now w yo your actual ual fa fallout (B) 10 percent of the number on Line A Add the number of your goal and 10 percent number + B = Total (C)
__________
What percentage of closings will be listings?
__________ A
__________ (D)
Times the total (C) by the percentage (don’t forget your decimal point) __________ C x D = Total (E) What percentage of your listings sell?
__________ (F)
Percentage (E) divided by (F) Total (G)
__________ E/F –
What are the average Days On Market? (H)
__________
Take the average DOM and divide into 365 Total (I) This is your average turnover rate
__________ 365/H =
Take average turnover rate G/I Total (J)
__________ G/I =
Total listings you must carry at all times to make goal EXAMPLE You want to close 50 transa nsactions 50 Then 10% fallout is 5 5 55 Total (C) What percentage will be listings 40% Listings I need to close 22 Total 22/.5 = 44 44 (G) Average Days on Market 100 (H)
