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Building a Brokerage Strategy

by Annie Kane4 minute read

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With broker services needed now more than ever, having an efficient business operation is paramount. While there is no one-size-fits-all solution to running a leading broking business, the first step in building and growing your brokerage is to start with a plan of what you actually want and build from there. Here are some top tips to get you started.

“By failing to prepare, you are preparing to fail.” This adage, attributed to former US president Benjamin Franklin, may hold true in many contexts – but it is especially true when it comes to running a business. Preparing and planning your business success is as crucial to new brokers first opening their doors as it is to established brokers looking to expand and grow their business. Given the rapidly changing environment caused by COVID-19, having a set business plan can also help provide clarity and direction, and keep feelings of helplessness and overwhelm at bay.

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Annie Kane

Annie Kane

AUTHOR

Annie Kane is the editor of The Adviser and Mortgage Business.