Annual Business Cycles

Allan is back with another solo episode, this time bringing you his thoughts on annual business cycles. Cycles are so important in business and Allan has especially found that true in the property business. What are those property cycles? What times of year will the property market be slow? And how can you use your time most efficiently during each cycle?

KEY TAKEAWAYS

• One of Allan’s recent property investment purchases took from the offer going in in January, to having to wait until the end of September before he had the keys in his hands. That’s more than nine months of waiting just to get one property. This is why it is so important to have multiple properties on the go at once so you’re not left sitting there waiting for that one deal to complete.
• January, February, and March are the ideal times to get as many viewings as you can in. This is because everybody is done with the slow down that occurs at the end of the year due to Christmas etc. People are getting back up to full speed and there are no major hurdles in the calendar.
• When you were a child at school you had terms in each year, business is a little like that too because there are parts of the year where your customers are going on holiday and so are the people you do business with. The cycle will naturally just slow down around those school holiday periods.
• The peaks and troughs you will see throughout the year would be from late January until just before Easter, then after the Easter double bank holiday until Summer you have a period of productivity. The last window of the year is after summer, so mid September to mid December. That last window of the year is only 12 weeks long.

BEST MOMENTS

‘January is the ideal time to pick up a really great project because it’s been left there since the last year’

‘It’s incredibly important that you know what those peaks a troughs are’

‘Productivity during the summer dips'

‘There’s only about nine months in the year where everything can get done’

ABOUT THE HOST

Allan Harding

I’ve had an amazing career through to setting up my own businesses. It's time I gave that back to help other people achieve where they want to be in life. Through my learnings and those of the guests I have on the podcast I hope you find what you are looking for. I am certainly learning with every conversation that I have.From Art to finance, IT to Music, Some of my guests have led extraordinary lives and you can too. These recordings are unscripted and a natural conversation that explores peoples inner beings!

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IG: @allanhardingofficial

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Website - https://allanharding.co.uk

PODCAST DESCRIPTION

Entrepreneur, Business owner, Property investor and developer, Allan talks to people across the world asking questions that will help you determine your own journey and help. Having built several successful businesses and created a lifestyle to be proud of, Allan has set out on a journey to help as many people as possible achieve their dreams.

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