The Finance Committee

5 Goals for the 2020 ALC Finance Committee  

1. Increase office profitability a. Review expenses b. Review vendor contributions

2. Create a training program for agents around finances focusing on a. Profit Loss Statements b. Tax planning c. Business set up – LLC, S-Corp d. MREA Budget Model Classes

3. Increase Profit Share a. Review Cap Management b. Review Team Structure and Policies c. Profit Share Classes

4. Get to a point to allocate more funds to the culture committee. a. Better events b. Increase turnout c. Improve culture

5. Develop a system to let agents know what our office is providing them for their dues. a. Increase the effectiveness of agent onboarding