Focus your Goal Setting around Different Parts of the Year

                It’s these times of year that you should be planning your goals for the next year of business.  Usually the dust is settling now, and you focus a brief period of a few weeks to recharge, enjoy the holidays and focus on family.  Beyond that the beginning of the year is right on the horizon.  Figuring out what to do for the year is an important task in Highlands Ranch property management.  Most of the business is on a seasonal cycle, with a slight slowdown in the winter months.  From February through October the work load is increased dramatically.  Staying on top of the work load while paying attention to goals for the future requires some clearly defined benchmarks throughout the year.

                We always split up our goals into quarters.  That way you can realistically define and track progress.  If we want to improve our tenant relations, we factor in a time for follow up with all major work orders.  That way there is a way to assign a value to an undefined metric.  You can’t always count the number of smiles that may come from doing business, but you can sure judge overall morale improvement across a large swath of experiences. 

                If we are trying to sign up more owners, we can easily track that progress.  When we make an annual goal, we try to split up which months might be the easiest to achieve it in, and make finish line goals for the end of the year.  If you were looking at 80 properties being signed on in a calendar year you can focus your attention to that matter in May June and July, the most.  If you are hitting the finish line in Winter months you can divert a lot more attention to the matter to try to finish strong.  If you have tried to get the most properties you can during the most profitable months you should be on track to achieving your goals.

                You must always be able to adjust your predictions and methods as the year goes on.  There may be some industry shift or shift in the collective consciousness that you must consider.  Be sure to be proactive in as many situations as you can.  You don’t want to be reactive and be left picking up the pieces.

                Blue Olive Properties can give you a no-obligation assessment of your Highlands Ranch property management portfolio when you email our office.