Financial management can make or break your business. You cannot expect to run a successful real estate business if you do not have control over your finances.
As an agent, you work everyday handling the finances of your clients to help them make the biggest purchase of their lives. It can be funny to think that you are not able to handle your own finances, but often it is very true.
You must have good financial management over your business. The biggest thing that gets agents in trouble is not keeping personal and business finances separate. It is essential to good management that your business finances be 100% separate from your personal finances.
This will allow you to better manage and control your finances. You will find it less confusing and less time-consuming, as well. Once you separate your finances, you should be able to stay on top of financial management in your business.