By Bob Corcoran, Corcoran Coaching

The purpose of this exercise is to identify the strategic and non-strategic costs of a company so that the whole organization knows how to save money and help make a profit.

Position With Overall Accountability: CEO or General Manager (whoever has the responsibility for the financial well being of the company)

Reporting Positions: All

Staff Positions: All

Items Needed: All costs within the company

Standards:

1. All Department Heads shall review budget and direct any and all questions to the Chief Executive Officer (CEO) or General Manager (GM).

2. All company employees and salespeople shall adhere to company budget.

3. The CEO reserves the right to alter budgets provided that alterations add to the profitability of the company.

For additional information and guidance on this topic we have posted an article on our website entitled “Budget Outline Strategic vs. Non-Strategic Costs” for you to review.

Commitment for the Week:

Show us your commitment by commenting with your thoughts, plan and deadline below!

Make A Commitment: I will review my Budget vs. my Actual income and expenses on a monthly basis.
Deadline: _________

Corcoran Coaching, spearheaded by Nationally Acclaimed Real Estate Speaker and Coach Bob Corcoran teaches Real Estate Brokers, Real Estate Teams and Real Estate Agents how to create and implement cost effective real estate operational, business and sales systems that have a proven decade long track record of successfully driving their clients to their next level of sales productivity. Performance based coaching and accountability are the cornerstones of outstanding programs that teach real estate database management, lead generation capture and conversion systems, effective advertising along with lead capture, follow up and performance accountability. Isn’t it time you invested in yourself to be as successful and effective as the top producers. Success is just a phone call away. Call today at 1-800-957-8353 or email us at info@corcorancoaching.com. To get your FREE NO OBLIGATION CONSULTATION with one of our experienced professional success coaches, please follow the above link.