Monday, July 21, 2008

Allocation Plan

How long could you last if you had no closings / incomes?
Years? Months? Weeks? Days? Minutes?
Do the exercise below:
Allocation Plan
Cost of personal living - per month, per year
Cost of business expenses - per month, per year
Taxes based on income goal - per month, per year
Total cost of living - per month, per year
Substract any outside income - per month, per year
Net cost of living and business (a) - per month, per year
Average commission check (b) - per month, per year
Number of deals to cover cost of living - divide (a) by (b) - per month, per year
Goal for the year (c) - per year
Net cost of living and business (a) - per year
Amount left over after covering net costs of living and business - subtract (a) from (c) - per year

Allocation of Remaining Dollars

1. Description - per month, per year
2. Description - per month, per year
3. Description - per month, per year
4. Description - per month, per year
5. Description - per month, per year
Etc.

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