Golden Valley Real Estate

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Start-Up Real Estate Business Plan

Management Summary

The company will have only one full-time employee, Mrs. Susan Egan. The company's office will be in an office suite with four other businesses that will share the costs of a receptionist.

6.1 Personnel

Mrs. Susan Egan is a graduate of the University of Stony Brook where she obtained her BA in English in 1967. Since then, Mrs. Egan has had extensive experience in the real estate business, first working for Weston Realty in San Francisco, CA and then later for RE/MAX, where she became head of west coast operations. Mrs. Egan has recently retired from RE/MAX and desires to continue in the real estate business at a more "relaxed pace."

Personnel Plan
Year 1 Year 2 Year 3
Mrs. Susan Egan $36,000 $36,000 $45,000
Part-time receptionist $10,500 $13,000 $13,000
Total People 2 2 2
Total Payroll $46,500 $49,000 $58,000