If you think you’ve heard everything there is to hear about annual business planning, think again. David Huffaker’s team makes north of $500 million in annual sales. That’s not by accident. David is our guest on the show today and he’s here to teach us his business plan models and formulas.
We go over the PACE planning (Primary, Alternate, Contingency, and Emergency Plan) and the LIVE budgeting model (Luxury, Investments, Vacations, Enough). Then, we cover how to set targets and caps for profit margins, expenses, cost of sale, and number of agreements. David even shares his math model around where leads come from and how those leads are distributed across Q1-Q4.
David is a math guy, but you don’t have to be. He explains his models in a down-to-earth way so you can directly apply them to your business plan. So listen up, and then go out and do the good work you do!
Links & Tools from This Episode:
Listen to Episode 40. Creating a Luxury Experience at Any Price Level With Lysi Bishop:
https://redcircle.com/shows/57118ff9-7ad0-49de-980d-2be46345e41c/ep/f4230927-bd4e-439a-90d7-3ab79f707548Listen to Episode 07. Breaking Ceilings: Sarah Reynolds' Unconventional Real Estate Journey:
https://redcircle.com/shows/57118ff9-7ad0-49de-980d-2be46345e41c/ep/838fac8b-48bd-4e71-95bb-2d1126701180Order the Millionaire Real Estate Agent Playbook | Volume 2:
https://kwredlabel.com/products/millionaire-real-estate-agent-playbook-version-2Produced by NOVA Media:
https://novamedia.fm/This podcast is for general informational purposes only. The guest's views, thoughts, and opinions represent those of the guest and not KWRI and its affiliates and should not be construed as financial, economic, legal, tax, or other advice. This podcast is provided without any warranty, or guarantee of its accuracy, completeness, timeliness, or results from using the information.
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