In Conclusion To summarise and close on your key numbers in your business it’s always important to consider. 1. Larger rent rolls reduce your risk, the larger the rent roll the greater the capacity to cover your fixed costs. 2. Often beneficial to have at least one selling principal because of the high profit margins or larger stronger team of high performers – Impact on profit. 3. Reduce your fixed costs per agent for more profit, this means recruiting better agents with a better profit point and better productivity. 4. Always know your real cash position, allocation of PAYG, BAS and taxes will give you a true indication. Embrace technology and workflow to achieve efficiencies. From today’s session what will you change, implement or explore more of with respect to your numbers and your local marketplace: 46 |
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