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What Else Do You Want to Do With Your Life? How to Plan to Sell Your Business From Day 1
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Tim Baker
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Whether you're a rookie eager to get your feet wet in the promising world of real estate, or a veteran who can't imagine leaving behind the adrenaline rush of a completed transaction, only a very few agents and brokers today have made a lifetime commitment to the industry. Most of us are interested in using our real estate careers to fund our true dreams; the goals we want to accomplish before, during and after our retirement. Whatever your dream is, it pays to prepare now with that end in mind, so that when the time comes you'll have a viable, saleable real estate business, one that can continue to fund your lifestyle long after you've transitioned out of the industry, says Exit Strategy specialist Tim Baker of RE/MAX in Tucson, AZ. In this week's Counseling Call call Tim explains:
- * When to start seriously planning your exit
- * How to identify the various systems that need to be documented
- * How to identify assets and show the value of your business
Tim Baker co-leads the Deakin, Baker, Glauser team in Tucson and is a published author, with several articles in real estate magazines and a book 'Looking Through My Window' to his credit. Last year his team of fifteen members closed 307 transactions for a total sales volume of $49 million. |
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Business Management
Business Planning
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Focusing on Profitability
The bottom line is the botton line, says Tim Baker, so treat it as such and you will make a profit.
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