It is not solely about whether you made money or even how much, but what categories of your business are producing and which ones are not and why. When running any business over the years, I kept logs and monitored certain activities, time of year, weather, current events and anything that would affect my income or outcome
BUSINESSES HAVE PULSES
Depending on what you are doing, rolling out or activated, you may want to examine the results weekly as well as monthly and quarterly. I am always comparing one period to another to see my growth and where it comes from as well as any leakage issues.
PRO-ACTIVITY IS A HUGE RESULT MAKER
Problems most certainly present themselves all the time. But what about the ones that are brewing or have not made themselves known yet? You want to uncover them as well. its like a small leak or drip that you discover. Nip it now and it doesn't need to be addressed later.
TURN IT UP..DOWN.. OR OFF
You want to always be thinking of how you can run better, faster, and cheaper espcially in todays competive market place. Everyone wants to run optimum, but you need systems in place to feedback to you and input to you telling you to either turn it up, down, or off...
REDUCING EXPENSES NETS MORE PROFIT
There are many ways to make money. One of them is to plug leaks and or reduce expenses. This makes for a leaner and more efficiently run operation. Paper waste, wild cell phone bills, needless traveling all come at a price. This stuff in the moment doesn't look threatening, but over the quarter adds up. At the end of the year...its obvious. You want to catch way before then
COMPETITION TELLS A GOOD STORY
I like to monitor what the competition is doing as well. there you will find their competitive spirit at work via their action plans and get some great ideas too. Remember, you are running a business and it should not be running you. The trick is to get to the tweaking area way before losses and your customers do.
QUALITY RUN OPERATION
Quality and attention to detail ins some areas pulls tremendous weight. Know when to spend and when to cut back. We are all running our own little franchises if you choose to look at it that way. I am selling Richie at Ran Right Realty and what I can do for you.
HERES MY INVITATION
My invitation to the consumer is short and sweet and is found on my business card.....
"Helping you to get in or out of any Real Estate transaction...successfully"
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