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Here's a breakdown of an actual Real Estate Team Profit and Loss statement from Q1 2025 showing a 5% Net Profit on paper, but when analyzed to show the Adjusted Net, they are not profitable. #SimpleNumbersInc #FinancialManagement ------------------------- 🔻ABOUT US🔻 Andy Mulholland, who retired in 2018 at age 34 from a successful real estate career, now enjoys life with his wife Ellyn and 4 beautiful children on their Minnesota farm in the summer and their family home in Scottsdale, AZ in the winter months. With a background in leading a top real estate team for over a decade and an understanding of the critical role of clear financials, Andy, along with his wife Ellyn, a seasoned real estate CFO, co-founded Simple-Numbers. Their mission is to simplify financial management for real estate businesses, drawing from their extensive experience to help clients achieve the financial freedom they’ve enjoyed. 🔻CONTACT INFO🔻 👉Book a Consultation https://calendly.com/simple-numbers123/quote-request 👉Free Real Estate Chart of Accounts http://www.freecoa.com/ 👉Sign Up for My Video e-Newsletter https://signup.e2ma.net/signup/2005418/1808225/ Andy Mulholland Simple Numbers Inc. 📧andy@simple-numbers.com 💻simple-numbers.com 🔻FOLLOW US 🔻 https://www.facebook.com/profile.php?id=61566348623138 https://www.instagram.com/simplenumbersre/ https://www.linkedin.com/in/andy-mulholland-b9a03832a/

#SimpleNumbersInc #FinancialManagement ------------------------- 🔻ABOUT US🔻 Andy Mulholland, who retired in 2018 at age 34 from a successful real estate career, now enjoys life with his wife Ellyn and 4 beautiful children on their Minnesota farm in the summer and their family home in Scottsdale, AZ in the winter months. With a background in leading a top real estate team for over a decade and an understanding of the critical role of clear financials, Andy, along with his wife Ellyn, a seasoned real estate CFO, co-founded Simple-Numbers. Their mission is to simplify financial management for real estate businesses, drawing from their extensive experience to help clients achieve the financial freedom they’ve enjoyed. 🔻CONTACT INFO🔻 👉Book a Consultation https://calendly.com/simple-numbers123/quote-request 👉Free Real Estate Chart of Accounts http://www.freecoa.com/ 👉Sign Up for My Video e-Newsletter https://signup.e2ma.net/signup/2005418/1808225/ Andy Mulholland Simple Numbers Inc. 📧andy@simple-numbers.com 💻simple-numbers.com 🔻FOLLOW US 🔻 https://www.facebook.com/profile.php?id=61566348623138 https://www.instagram.com/simplenumbersre/ https://www.linkedin.com/in/andy-mulholland-b9a03832a/

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Is your business relying too much on you making sales? Many real estate leaders face this issue and struggle to grow without working nonstop. Today, I’ll explain why knowing your adjusted net profit is so important. This simple number will show you how much money your business really makes and whether it can run without you, giving you the freedom to step back or scale up. Click below to learn more about adjusted net profit. Learn more: https://blog.simple-numbers.com/what-adjusted-net-profit-means-for-your-business.html Timestamp: 00:00 - Intro 00:17 - Adjusted net profit 00:34 - Long-term business 00:49 - Definition of a real business 00:54 - What is your adjusted net profit 01:21 - Common mistakes 01:32 - What to do? #SimpleNumbersInc #FinancialManagement #FinancialManagement ------------------------- 🔻ABOUT US🔻 Andy Mulholland, who retired in 2018 at age 34 from a successful real estate career, now enjoys life with his wife Ellyn and 4 beautiful children on their Minnesota farm in the summer and their family home in Scottsdale, AZ in the winter months. With a background in leading a top real estate team for over a decade and an understanding of the critical role of clear financials, Andy, along with his wife Ellyn, a seasoned real estate CFO, co-founded Simple-Numbers. Their mission is to simplify financial management for real estate businesses, drawing from their extensive experience to help clients achieve the financial freedom they’ve enjoyed. 🔻CONTACT INFO🔻 👉Book a Consultation https://calendly.com/simple-numbers123/quote-request 👉Free Real Estate Chart of Accounts http://www.freecoa.com/ 👉Sign Up for My Video e-Newsletter https://signup.e2ma.net/signup/2005418/1808225/ Andy Mulholland Simple Numbers Inc. 📧andy@simple-numbers.com 💻simple-numbers.com 🔻FOLLOW US 🔻 https://www.facebook.com/profile.php?id=61566348623138 https://www.instagram.com/simplenumbersre/ https://www.linkedin.com/in/andy-mulholland-b9a03832a/

#SimpleNumbersInc #FinancialManagement

Are you sure your real estate business is as profitable as it seems? Many team leaders mistakenly believe they're running a successful, scalable model when, in reality, they’re overlooking key profit factors. This is why today, I’ll show you how adjusting for your own production and calculating adjusted net profit can reveal the true financial health of your business. You’ll learn how to avoid the common trap of overestimating profits and understand why your margins might not be as strong as they appear. Click below to find out how to get an accurate picture of your real estate team's profitability. Learn more: https://blog.simple-numbers.com/are-you-tracking-your-real-estate-profit-right.html #SimpleNumbersInc #FinancialManagement #FinancialManagement ------------------------- 🔻ABOUT US🔻 Andy Mulholland, who retired in 2018 at age 34 from a successful real estate career, now enjoys life with his wife Ellyn and 4 beautiful children on their Minnesota farm in the summer and their family home in Scottsdale, AZ in the winter months. With a background in leading a top real estate team for over a decade and an understanding of the critical role of clear financials, Andy, along with his wife Ellyn, a seasoned real estate CFO, co-founded Simple-Numbers. Their mission is to simplify financial management for real estate businesses, drawing from their extensive experience to help clients achieve the financial freedom they’ve enjoyed. 🔻CONTACT INFO🔻 👉Book a Consultation https://calendly.com/simple-numbers123/quote-request 👉Free Real Estate Chart of Accounts http://www.freecoa.com/ 👉Sign Up for My Video e-Newsletter https://signup.e2ma.net/signup/2005418/1808225/ Andy Mulholland Simple Numbers Inc. 📧andy@simple-numbers.com 💻simple-numbers.com 🔻FOLLOW US 🔻 https://www.facebook.com/profile.php?id=61566348623138 https://www.instagram.com/simplenumbersre/ https://www.linkedin.com/in/andy-mulholland-b9a03832a/

#SimpleNumbersInc #FinancialManagement

Are you rushing to grow your real estate business, only to find that profits are slipping through your fingers? Many team leaders make the mistake of focusing on fast growth, only to watch their hard-earned commissions vanish due to high expenses. Today, I’ll show you how sacrificing short-term growth for long-term profitability can save your business from burning out. By slowing down and focusing on steady, sustainable growth, you’ll set up a profitable foundation for success without the stress of rapid expansion. Click below to learn how you can grow smarter and keep your profits intact for long-term gains. Learn more: https://blog.simple-numbers.com/the-hidden-cost-of-rapid-growth-in-real-estate-business.html Timestamp: 00:00 - Intro 00:17 - What we have seen 00:19 - Why they are stuck 00:31 - Expenses 00:53 - What to focus on 01:20 - Thanks for watching #SimpleNumbersInc #FinancialManagement #minnesotarealestate ------------------------- 🔻ABOUT US🔻 Andy Mulholland, who retired in 2018 at age 34 from a successful real estate career, now enjoys life with his wife Ellyn and 4 beautiful children on their Minnesota farm in the summer and their family home in Scottsdale, AZ in the winter months. With a background in leading a top real estate team for over a decade and an understanding of the critical role of clear financials, Andy, along with his wife Ellyn, a seasoned real estate CFO, co-founded Simple-Numbers. Their mission is to simplify financial management for real estate businesses, drawing from their extensive experience to help clients achieve the financial freedom they’ve enjoyed. 🔻CONTACT INFO🔻 👉Book a Consultation https://calendly.com/simple-numbers123/quote-request 👉Free Real Estate Chart of Accounts http://www.freecoa.com/ 👉Sign Up for My Video e-Newsletter https://signup.e2ma.net/signup/2005418/1808225/ Andy Mulholland Simple Numbers Inc. 📧andy@simple-numbers.com 💻simple-numbers.com 🔻FOLLOW US 🔻 https://www.facebook.com/profile.php?id=61566348623138 https://www.instagram.com/simplenumbersre/ https://www.linkedin.com/in/andy-mulholland-b9a03832a/

#SimpleNumbersInc #FinancialManagement