We are well into October and before you know it, the Christmas period and end of 2016 will be here. This time of year, we sometimes find that the weariness of the year can start to catch up and excitement starts to build with the end of year festivities. Challenges can also rise as fuses are shorter and there is the demand to ensure that tasks are completed before that December 24 deadline.
Before we get into the silly season, it is a great opportunity to take a step back, pause and look at your business. How is it looking currently and would you give it a AAA rating? Or, are there still some areas that need to be improved on to ensure that you are on the road to hitting those targets that you set out in the first quarter of 2016?
There are a few key areas that are essential to take a look at when gaining an overview of how well your rent roll is tracking:
- Systems – are they up to the challenge to help you achieve your goals? If there are some gaps, are they identifiable and what needs to change to ensure that they are water tight.
- Technology – Is the current technology in your office working for you or is there something out there that may help to achieve less stress and give you back more time. Keep in mind that there are so many options and it is never a one size fits all approach. Find what works best for your team.
- Training – are your team up to date with their training and understanding of all that is required of their role, compliance and managing your client’s assets.
- Growth – have you achieved the growth that you aimed to achieve this year? Have there been any road blocks along the way, what were they and do any changes need to be made to get to that goal?
- Reporting – is there a reporting process in place to measure the KPI’s of your team and ensure that you have your finger on the pulse?
If any of these steps seem a little daunting and you aren’t sure of where to begin, don’t forget that you can contact the team at Real+ to have a talk about options and what is required to get you on track. A little end of year health check may just be the thing to identify any areas for improvement and ensure that you are on track to starting 2017 with a bang!