2018 Business Planning for Real Estate Agents

Real estate agents: Now is the time to start your 2018 business plan. The end of the year arrived quickly (as always), which has most of us reflecting on the past year and setting goals for the coming year. As an agent, what's your plan for ensuring next year is even more successful than this one?

It's time to start your business plan, set goals, and put the right tools in place that will get you headed in the right direction – towards financial success. Here are a few things you should be thinking about this time of year, including a handful of free resources to help you get a jump start.

Set your GCI goal

Goal setting is a key piece of the planning puzzle. It's vital for you to know what you're working towards in order to map all of your efforts towards meeting that goal. Your GCI (Gross Commissionable Income) goal is a cornerstone to your financial plan, so set it early on and create a plan to reach it.

Get a system in place

Get all of your processes in place so you can start the year off on the right foot. This includes a reliable accounting system and a smooth process for tax filing. As independent contractors, Realtors face unique challenges in tracking their expenses and filing quarterly taxes. Make sure you know what tools to use and which deductions to look out for. Want some tips? Download our Agent's Guide to Stress-Free Taxes.

Our recommendation for 2018 is QuickBooks Self-Employed, an accounting app built specifically for independent contractors. It's the perfect solution for busy agents. QuickBooks Self-Employed automates expense tracking, mileage tracking, and digital receipt storage and categorization. All of this is done easily on your smartphone, while on-the-go.

To give you a head start, we've partnered with QuickBooks to offer you a full year of QuickBooks Self-Employed for 50 percent off.

Make a plan

Whether you're already starting your plan, or you've never created a business plan before, now is the time.

Join us for a free webinar on Tuesday, December 19th. We'll have experts including Eric Thompson, Co-Founder of Windermere Leadership Academy and President of Windermere Services CO, and Charlie Snyder, Real Estate Specialist at QuickBooks. You'll learn about getting started on your business plan, goal setting, saving money on taxes as an independent contractor, and managing your finances and business expenses throughout the year. They're ready to bring you tools, templates, methods, and tips to help you be financially successful in 2018.

To view the original article, visit the Moxi Works blog.