Startup costs
Property Management Business Plan
A property management company plan with the sections a lender or partner expects, already tailored to your business. Fill in the brackets and the startup cost sheet.
What to put on your business plan
- Executive summary
- Company description
- Services and pricing
- Market and customers
- Competition
- Marketing plan
- Operations
- Startup costs: real estate or property management license where required, property management software and errors and omissions insurance
- Funding request
When you're ready for more
- LivePlanGuided business plan sections with financial forecasts.
- FreshBooksInvoices, expenses, time tracking and accounting for small businesses.
Questions
Do I need a business plan to start a property management company?
You need one for a bank or SBA loan and for most investors. Even without funding, a short plan sets your prices, your first customers and the costs you have to cover each month.
How much does it cost to start a property management company?
It depends on your area and how you start. List each cost in the startup sheet (real estate or property management license where required, property management software, errors and omissions insurance and trust account setup) and the total adds up as you type.
How long should a business plan be?
A lean plan can fit on one or two pages. A lender usually wants the full set of sections, which this template follows; keep each one short and specific.