Featured Guest
Allen Wright
Host
Bill Shue |
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| Featured Guest: |
Allen Wright |
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| Host: |
Bill Shue |
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| Length in Minutes: |
27 |
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As a broker or broker-owner the success or failure of your business is dependent on 3 simple things: you, your agents, and how well you run the business as a whole. Many brokers excel at motivating or recruiting agents, only to falter at training and providing guidance. Others may supply a helpful training or mentoring program, but stop tracking the agents' progress shortly thereafter and have no way of knowing what their profit margin really looks like. How can you, as a broker interested in growing your business, succeed in creating a system by which you can establish benchmarks and track your business' progress? The answer is equally as simple: follow a business plan - for your business.
Allen Wright, founder of CreateAPlan, joins us in this call to discuss the key elements a broker should consider long before ever putting a sign on the door or interviewing agents. He'll explain:
- The four key points you must consider when developing your office business plan
- How to identify and categorize the various office expenses you will incur
- The new commission structure that's rapidly gaining popularity
- How to analyze numbers for profitability indicators
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