Short YouTube podcast clip (Real Estate Team OS) illustrating an operational finance tip: properly categorize and split flower-related expenses (staging, referral thank-yous, condolences) across cards/budgets to avoid manual end-of-month invoice sorting. Clip closes with a CTA to listen to the latest episode.
You may feel like your finances are in order, but there's always room for improvement. Here's an example.
And that was born all out of flowers, if you can believe it. Because for some listings, we would put flowers in as part of the staging process. As other parts of our sort of workflow, we'd be sending flowers as a thank you for agents who were referring business to us. And of course we sent condolences. But all I had was a budget line for flowers. So I had no idea if, you know, one of our agents was giving flowers, they weren't to, you know, all their best friends. So we had to split those flower spends across the different cards so we'd know exactly where they were. Otherwise I would spend the end of each month going through too many flower invoices, which I'm not, I'm not in the mood for. So that's great.
For more ways to improve your finances and operations, check out the latest episode of Real Estate Team Os.