Continued from page 1
Next is to set up your tickler file for
year. File any extraneous papers you keep in your tickler file (e.g. calendar pages, meeting agendas, notes, etc.) Be sure all your month files are in order. Go through
January sections and place them in
appropriate date, so you will be ready for
first month of year's appointments.
Next is to deal with any outstanding mail from
last year. Answer it, read it, file it or toss it. This will ensure your mail folders are in order for
upcoming year.
For those of you doing lease purchasing, you will also want to check all your databases (prospects, sellers, tenant buyers, consulting jobs, pending properties, etc.) and diligently go through them to weed out those not producing results. You will also want to update your FSBO sites, and start making new calling lists for
new year.
Last but not least is to add up your expenses for
year. If you are using
monthly envelope method, total those for
year. If you are using Quickbooks or another type of accounting/bookkeeping program, run your numbers for
year (e.g. for expenses - supplies, telephone, fax, computer, office, utilities, etc.; for profits - consultations, assignment fees, notes, cash flow profits, etc. This will give you an idea of what you made after expenses. Then develop goals to do even better for
new year.
If you are unsure of any of
items mentioned in this article, check out
articles on our website for a more detailed treatise of what some of them are and how to use them.
Copyright DeFiore Enterprises 2002

Chuck and Sue have been helping folks start successful home based businesses for over 17 years, and they can help you too! To see how, visit http://www.homebusinesssolutions.com for the latest FREE tips and tricks, educational products and coaching in creative real estate investing and home based businesses.