55. Foolproof Math for Your Business Plan With David Huffaker
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!
Resources:
- Listen to Episode 40. Creating a Luxury Experience at Any Price Level With Lysi Bishop
- Listen to Episode 07. Breaking Ceilings: Sarah Reynolds' Unconventional Real Estate Journey
- Order the Millionaire Real Estate Agent Playbook | Volume 2
Connect with Jason:
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Information
- Show
- FrequencyUpdated weekly
- Published4 November 2024 at 10:30 UTC
- Length50 min
- Season2
- RatingClean