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Most salespeople like to have their territories reduced in size because it cuts their travel time and general work load.
Tenant-Days
A metric used in property management to represent the total number of days in a period that rental units were occupied.
Net Operating Income
The income generated from normal business operations, calculated by deducting operating expenses from gross profit.
Planning Budget
A budget established at the beginning of a planning period, reflecting the expected income and expenditures.
Revenue and Spending Variance
The difference between the expected (budgeted) and actual amounts of revenue and expenses.
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