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Before I was a Realtor I was a longtime restaurant owner. I have owned four successful restaurants, well actually three because one failed miserably, that's a story for another time! Food Service is in my blood, so I was so ecstatic this week when a long time friend asked me to find a restaurant for him to buy! This is right up my alley and I am so excited to help. He chose me because I can also help him decide if a location is going to be feasible or not. There are a dozen or so reasons restaurants fail and I will share reasons and tips if you ever need the info!
I will post one a day, here we go......
Undercapitalization This is perhaps the most common mistake for new restaurant owners. Underestimating a restaurant’s start up costs can result in bankruptcy. Having a great concept doesn’t prevent you from running out of money. It is always better to overestimate your costs then underestimate. Common problems during start up may include construction delays or changes demanded by building inspectors.
To cover such unexpected problems, money should be set aside for working capital which should cover up to one year of rent. In addition, contingency money should also be set aside for any other unexpected problems that may arise. The norm is to set aside 10%-15% of the total investment required for contingency. A good practice is to remain conservative in forecasting your sales and the amount of investment required. Lower your sales forecast and slightly increase the amount of money required.
Hope that was a good start!
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Sellers need a Top Producer- Listing/Sellers Real Estate Agent- Realtor Rehoboth-Dighton-Swansea-surrounding areas
You’re ready to sell your property. And, while you’re looking forward to seeing the word “SOLD” posted from the curb, you know there’s a lot to consider along the way. One of your first decisions is to select a top producer-real estate listing/sellers agent who’ll join you in the process.
You deserve much more than a sign in the yard, fliers in a box and an occasional open house. You deserve an experienced agent who will be at your side, proactively. From listing to closing, ensuring that your property sells smoothly and you get the most money possible from the sale of your home.
So how do you select the right agent to sell your home?
1. Ask how many homes they sold in the past 3 years and insist on documentation.
2. Ask about their market knowledge- statistics on the area (this will be give you an idea of how experienced the agent really is).
3. Ask them what their average days on market is, and inisist on evidence.
4. Ask what their average list to sales price is.
5. Get refererences with phone numbers of sellers.
Be sure that you don't hire an agent based on years of experience. Hire based on the quality of experience in those years. I know agents that have been in business 20+ years and only sell 2 houses a year.
My local real estate market (serving Rehoboth, Swansea, Dighton and all of Southeast MA) expertise means I’m able to interpret all data that dictates the optimum pricing strategy, so your property will be priced to sell. I dig deep to learn the unique selling points of your property and neighborhood. So my marketing plans and staging strategies will effectively target and attract your potential buyers. It’s a formula for success.
And, of course, I’ll take the time to listen, understand your challenges and goals and answer any questions you may have along the way. I am a Top producer-Real Estate Agent-Realtor in Southeast Massachusetts
I appreciate the opportunity to earn your business and look forward to meeting with you!
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Fall River Ma Real Estate & Homes for Sale
Fall River Real Estate Market Report Jan. 2012
Sales of Real Estate in Fall River Ma
Jan. 2012 single family homes in Fall River Homes Sold - 26
Compared to the real estate in Fall River that sold in December - 17 Homes in Fall River sold
Fall River real estate home sales are increasing !
What this means to the Home Buyer There is still a good supply of homes with prices much more affordable A recent check in the Fall River MLS listings shows 177 Houses for sale in Fall River starting at $64,900 a foreclosure . 85 of the Homes for sale in Fall River are listed under $200,000 and could cost as low as $1,100 per month with taxes & insurance included. To find out what a home in Fall River could cost you visit my website and use my mortgage calculator ( home mortgage rates are about 4 % ) To search for Homes or for a Free list of Homes for sale in Fall River and Bristol County visit www.KarenMartinHomes.com Includes All homes, foreclosure houses, handy man specials and short sale bargain homes for sale at No cost.
Karen Ann Martin Real Estate Agent Westport & Fall River Ma working full time for you Call/ Text 774.930.8181 I will answer my phone or return your call Re/Max Right Choice Real estate Fall River Ma
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Fall River Ma Home for Sale- This home in Fall River Ma has just been reduced in price to $139,900. You could own this home in Fall River for as little as $951. per month * making this home very affordable. Home offers 3 bed & 1 bath. The Kitchen boasts lots of cabinets,Dining room features slider to 2 tier deck, Large fenced in yard with above ground pool. Parking for 5 cars ! This home in Fall River is eligible for the Fall River Home city Grant program call for more information.
Karen Martin Re/Max Right Choice Real Estate Agent Fall River Ma 774.930.8181 Free list of homes for sale in Fall River Ma www.KarenMartinHomes.com including all Homes, Foreclosures, short sale homes in Fall River Ma Short Sales are one of the best bargains
* Call / text Karen 774.930.8181 to get a recommendation for a quick over the phone pre approval to find out how much home you can afford. Prices of homes and mortgage rates vary, You may be eligible for a grant to buy this home in Fall River Ma with no money down. A grant is free money to buy a home you do not have to pay back, restrictions apply.
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Westport Ma Real Estate & Home for Sale
Westport Real Estate Market Report Jan. 2012
Sales of Real Estate in Westport Ma
Jan. 2012 single family homes in Westport 7 Homes Sold
Compared to the real estate in Westport that sold in December Single Family homes in Westport- 9 Homes Sold
Westport real estate home sales are remaining steady.
What this means to the Home Buyer There is a good supply of homes with prices much more affordable A recent check in the Westport MLS listings shows 110 Houses for sale in Westport starting at $144,900. 6 of the Homes for sale in Westport are listed under $200,000 and could cost as low as $1,100 per month with taxes & insurance included. To find out what a home in Westport could cost you visit my website and use my mortgage calculator ( rates are about 4 % ) To search for Homes or for a Free list of Homes for sale in Westport visit www.KarenMartinHomes.com Includes All homes, foreclosure houses, handy man specials and short sale bargain homes at No cost.
Karen Ann Martin Real Estate Agent Westport Ma working full time for you Call/ Text 774.930.8181 I will answer my phone or return your call Re/Max Right Choice Real estate Fall River Ma
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