Meanwhile Luke Richardson , Ray White Accounting Solutions Director , and Fran Babic , Head of Professional Services at ANZ Bank ( pictured right ) gave a session on understanding banks and balance sheets .
Luke said ‘ profit is payment for leadership ’.
He gave different scenarios of what a strong borrower looked like compared to weak borrower on paper , He said it was important for a business owner to maintain the key metrics / margins that the Profit team uses to analyse the business operation day-to-day . For example cost of sales , desk costs , profit pre drawings , etc .
With the family ’ s backing , the profit team was born in the GFC and has quickly become one of the fastest growing specialist teams at Ray White ever since . No other group has such a view over its network ’ s profitability and real-time , like-for-like office metrics .
The top business owners loved being able to present their curiosities to each other . Avi Khan ( pictured left ) of Ray White AKG in Brisbane said curiosities were in Ray White ’ s DNA .
“ The network also prides itself on the ability of its leaders and aspiring leaders to use them as a springboard for growth . This conference , Ray White has shown their top leaders that they value our curiosities just as much and they want to use our ideas as a springboard to grow together . Collaboration became the incubator for growth in this conference . It allowed us to debate ideas and challenge our norms . When we challenge each other , beautiful things happen ,” he said .
Avi , director Ray White Daisy Hill , Ray White AKG , Ray White Brookwater , Ray White Greater Springfield and Ray White Marsden said he enjoyed being in a space where they were encouraged to debate ideas and challenge norms .
“ When we challenge each other , beautiful things happens ," he said .
63