Author: foxpointrealty@comcast.net
Gary Johnson Newington NH
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Gary Johnson Newington NH, on Volunteering
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Gary Johnson Newington NH, Owner, Fox Point Realty
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Gary Johnson Newington NH, on Real Estate Development
https://medium.com/@johnson_gary123/the-process-of-real-estate-development-a9320c40f8b4
Real estate development is a process of multiple steps that are time-taking and involves risks as well. From the time a project starts to the time that it completes several problems can come along the way but if they are overcome, real estate can prove to be an extremely profitable investment. There are different kinds of problems that can come in the way during the development of a real estate project that can be of different capacities and can affect the project. The best way is to always find the best solutions for the problem to make sure that the problem does not return and also has no side effects what so ever.
The early stage of development
This early stage is extremely time consuming and contains the most risks as well since it’s the start of a project and there are many unknowns involves. Some of the steps that should be taken during the early stages of development are doing a complete and detailed market analysis and creating a feasibility report, doing surveys, land assessments and financing opportunities. These basic but important steps help the individual carefully plan the project and make significant decisions while taking it further to the next step of construction.
The intermediate stage of construction
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The final stage of Operation
After the completion of the second stage, the final stage of operation begins. Just like different important steps need to be taken during the first two stages, similarly, some vital steps need to be taken during the last step as well. These steps include the continuous marketing of the project because if the marketing is somewhat slow or is less, there are chances that the owner might lose some buyers at the last minute due to the lack of interest. Another one is the creation of property management which will help in the overseeing of the estate of the owner and help him in the better management of the project.
If all goes well, it is surely possible that the project becomes a success and is considered as an example for all the other projects.
Gary Johnson Newington NH, on Failing Startups
https://garyjohnsonportsmouthnh.blogspot.com
Start-ups are made of amazing ideas but considering the market and the working of the idea, there is a possibility of the start-ups to fail at times. Start-ups work very hard to reach a point from where they are purely considered as a business and not as a start-up. Although it might seem scary it is ok to realize that a start-up can fail and to realize that at some time before is better than ever. That saves you from a lot of problems beforehand that you might have to face later.
The lack of passion
There are times when people start a business when they are motivated by something and they believe that a business or a start-up will help in keeping their motivation up and help them solve multiple problems in the world but it is possible that the individual who started his business with a lot of motivation somehow lost in mid-way after he realized the amount and level of work that would be involved or it could also be due to any other reason as well. If this is the case then it is a clear sign of the failing of a start-up stating that the motivation is no more there and an important step needs to be taken.
The lack of customers
Another very prominent sign could be that the start-up starts to lose customers. The customers are no longer interested in your product or services and they have found other businesses or services that cater to their needs perfectly and even after the competitive advantage that you are providing them, they prefer to opt for your competitor rather than your start-up. When this happens, it becomes crystal clear sign that the start-up has started to fail and it’s better to take a step timely before the remaining customers are lost and company heads onwards the worst conditions of bankruptcy.
Starts to lose your team
If people from different teams have started to go and find other jobs for themselves which seem more promising and beneficial, it is a problem. It means that they are no more satisfied with their managers and their current job does not seem to attract them anymore. It shows that it is only causing them distress and will overburden the current ones. Therefore, proper steps should be taken and the failing start-up should be shut down instead of waiting for the start-up to close itself and leave numerous unsolved problems which then might take a lot of time to solve.
Gary Johnson Newington NH, on Planning a Startup
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Gary Johnson Newington NH, quotes
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Gary Johnson Newington NH, on Pinterest
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