What number do I write down for tracking dollar values?

What are the benefits of tracking closed business? - The number you come up with can be a powerful tool for retaining members, gaining new members, and motivating existing members by showing them the amount of business being generated within the chapter. How does it work?
Each member writes down the amount of business generated through BNI since the last time they filled in a slip. Remember to track ALL of the BNI generated business, including second/third/fourth generation referrals.

Who tracks it? - The Vice President has a spot on their report to track the dollars.

What number do I use? - You want to write down the gross revenue brought in to your company.

Here are some examples of typical businesses:

Realtor: A realtor would write down the total fee to their company on the sale of the house - not just their commission. A $100,000 house with a 7% realtor fee would go down as $7,000.

Retail: The gross sale of the item. A $500 couch would go down as $500. Services: The gross amount of the service. A $1,500 website would go down as $1,500.

Insurance: The amount of the premium check. If the car insurance is $600 per year, the amount of BNI Bucks is $600.

Financial Planner: The amount of the fees. If the account is $1,000,000 and the fee is $10.00, then the amount of BNI $ Value is $10.

What about my privacy? - These numbers are tracked anonymously. You don't put your name on the form. The numbers are ultimately combined with everyone else's numbers.