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 Post subject: How much before taxes profit are you running?
 Post Posted: Fri Sep 29, 2006 5:29 pm 
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Joined: Fri Aug 25, 2006 5:24 am
Posts: 68
Touchy subject. But, what is a reasonable net to expect when running a 6-10 person team? Do you create your business plan around net profit..a certain target number or is your mindset to create as much gross revenue as possible and hope for the best?


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 Post Posted: Sun Oct 01, 2006 11:31 am 
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Joined: Thu Sep 14, 2006 10:57 am
Posts: 8
I always think it is imperative to have the end in mind, in other words what income NET do you want to make, then determine what business you need to do. Do your due dilegence to ensure you are accurate with expenses and staffing costs. Just like any good business plan it will only be accurate if you follow the plan. Net profit varies depending on whether you are active in generating income or simply running the Team. In most cases I am seeing net profits between 30-50%. Most 30% if others generating more than 50% of revenue. Bill Renaud Your Canadian Real Estate Referral. http://www.ottawaproperties.com


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