PROMOTION FORMULA
Target Premium divided by 12 (12 Months) = Amount of Premium Needed for Promotion
Amount of Premium divided by number of months for promotion (MD is 6 mo, SA is 3 mo, A is 1 mo) = Amount of premium needed Monthly
Divide that number by 4 (4 Weeks in a month) = Amount of premium needed weekly
Example: MD Promotion is 100,000 in 6 months
100,000 / 12 = 8,333
8,333/6 months = 1,388 a month
1,388 / 4 weeks = 347 a week
Take 347 you do half, Left with 173 a week
# of Licensed Agents / by 173
3 Licensed Agents = 57 each
2 Licensed Agents = 86 each
1 Licensed Agent = 173