Creating a 3-6-12 Month Business Plan for Mortgage Brokers

by | Jan 31, 2023

It’s important to have a clear understanding of your goals and a plan for how to achieve them. One effective way to do this is by creating a 3-6-12 month business plan. In this blog, we’ll explore what a 3-6-12 month business plan is, why it’s important, and how to create one for your mortgage brokerage business.

1. What is a 3-6-12 Month Business Plan?

A 3-6-12 month business plan is a roadmap that outlines your goals, strategies, and actions for the next 3, 6, and 12 months. This plan provides a clear and focused vision of where you want to take your business and how you will get there. By creating a 3-6-12 month business plan, you can track your progress, make necessary adjustments, and achieve your goals more effectively.

2. Why is a 3-6-12 Month Business Plan Important?

A 3-6-12 month business plan is important for several reasons. First, it helps you stay focused on your goals and priorities. By having a clear plan, you can avoid becoming distracted by other opportunities or challenges that arise. Second, it helps you track your progress and make adjustments as needed. By regularly reviewing your plan, you can ensure that you are on track to reach your goals and make changes as needed. Third, it provides a sense of accountability and motivation. By having a plan, you are more likely to take action and be accountable for your results.

3. How to Create a 3-6-12 Month Business Plan

Creating a 3-6-12 month business plan involves several steps. These include:

  • Define your goals and objectives. Start by identifying your short-term and long-term goals for your business. This could include increasing your client base, improving your income, or building a network of support. Make sure your goals are specific, measurable, and achievable.
  • Identify your target market. Who are your ideal clients and what are their needs and preferences? Understanding your target market will help you create strategies that are most likely to resonate with them.
  • Develop strategies and action plans. Based on your goals and target market, create strategies and action plans for reaching your goals. This may involve creating new marketing campaigns, building relationships with lenders, or offering new services to your clients.
  • Allocate resources. Determine what resources you will need to achieve your goals, including time, money, and staff. Make sure you have the resources you need to execute your plan effectively.
  • Monitor your progress. Regularly review your progress and make adjustments as needed. This may involve adjusting your strategies, increasing your budget, or shifting your focus to a different aspect of your business.

In conclusion, creating a 3-6-12 month business plan is an effective way to achieve your goals as a mortgage broker. By having a clear and focused plan, you can stay focused on your goals, track your progress, and make adjustments as needed. So, take the time to create a 3-6-12 month business plan and start making your vision a reality.

Take control of your future success as a mortgage broker! 📈 Don’t wait, invest in your business. Auctus Coaching can show you how — book your discovery call with Christian Paterson today or fill in this online form for more information.

Christian Paterson, Auctus Coaching

Christian Paterson

Director, Head Coach

I love nothing more than helping hardworking brokers to work smarter and enjoy their business while growing an incredibly profitable and efficient operation.