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Updated over 8 years ago on . Most recent reply

User Stats

5
Posts
0
Votes
Jared Borgwardt
  • Investor
  • Spokane, WA
0
Votes |
5
Posts

starting to think writing business plan is the hardest part of opening a business

Jared Borgwardt
  • Investor
  • Spokane, WA
Posted

I am great at talking to people, holding conversations, and explaining what we are doing and how we are different from most flippers. However I am horrible at putting it on paper. I am not a writer! I don't want to go pay from someone to write it for me since we are just starting out and I want the experience, plus any extra money at the beginning helps. So I have put together a rough draft and now its time to prefect it. So here is my mission statement and vision statement. please be brutally honest about you think.

Mission statement

To buy real estate that is in rough condition at a reduced price for the purpose of remodeling and selling for the largest profit possible.

vision statement

I use my construction knowledge, contracting skills and managerial skills to accomplish financial freedom in a profitable real estate business that allows me to do what I have a passion for.

Most Popular Reply

User Stats

588
Posts
224
Votes
Shawn Thom
  • Investor
  • McKinney, TX
224
Votes |
588
Posts
Shawn Thom
  • Investor
  • McKinney, TX
Replied

I've often wondered why people think they need this?  A bank has never asked me for it?  I've never had anyone ask me for a business plan.

What is the goal of doing one?

Make sure you aren't doing busy work for your business and not out doing your business.  I got caught up with making a  logo, website, business checking accounts etc..... and not doing my business.

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