ARV vs rehab symonhe.com

After repair value (ARV) vs rehab budget - which is more important to estimate accurately?

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In an ideal world, you'll estimate your after repair value (i.e. what the property can sell for after all repairs and renovations are completed) and your rehab budget with pinpoint accuracy. But in practice, it can sometimes be difficult…
real estate trends symonhe.com

Major Real Estate Trends to Follow

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Major trends in demographics, technology, and environmental factors could set the path for seismic shifts in real estate. What are these trends that all real estate investors should keep in mind? Real Estate Trend #1: Increased urbanization…
start a restaurant symonhe.com

Eight Wrong Reasons to Start a Restaurant

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There are a few good reasons and many wrong reasons to start a new restaurant business. If you’re thinking about starting a new restaurant and at least one of these applies to you, you may want to rethink yourself! Wrong Reason to Start…
financial modeling expenses

How to Model Expenses for Your Startup Business

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(This article is co-written with Evan Kimbrell and will introduce you to a basic marketing concept that you can use as a handy lens for understanding your financial models. ) It's always easy to daydream about revenue and how we can…
funnels symonhe.com

Why Think in Terms of Funnels?

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(This article is co-written with Evan Kimbrell and will introduce you to a basic marketing concept that you can use as a handy lens for understanding your financial models. ) What are funnels? Yes funnels, like you “funnel” something…
financial model symonhe.com

Top 5 Reasons to Build a Financial Model for Your Startup Business

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Are you thinking about starting a business right now? Whether you are going to bootstrap it with your own money or look to get funding from investors, you need to figure out how much cash you actually would need to give your business the…

How Much Money Do You Need to Start a Business?

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If you're thinking about starting a business, it's critically important being able to answer this question. Get it wrong, and you may end up running out of cash before your business even has a chance to take off. So how much startup…
symonhe.com

How to Demand Test For Your New Restaurant Concept

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Picture this. You come up with an exciting new concept for a new restaurant. You’re excited. You take out a 2nd mortgage and even private loans from family and friends. You lease out a trendy spot in town, spend a lot to remodel…
symonhe.com

How much life do we have left?

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Pause. Take a moment to go back in time when you were a child. How did the passage of time feel in childhood compared to now? If you're like me, time seemed to move at a crawl in childhood compared to the speedy blur in adulthood. Why…
10 Leasing Mistakes symonhe.com

Top 10 Leasing Mistakes for Business Owners

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Do you run a business with a retail, warehouse, or office location? Are you thinking of moving to expand or downsize? Before you dive right in and sign on the dotted lines, be sure you're not making one of these common leasing mistakes.…