Dawn talks with Kimberly Tara, CPA, CTC, is a wife, mom to 4 little kids, and a multi-passionate entrepreneur. As a Tax Strategist & Business Growth Advisor, Kimberly & her team partner with CEO Mom Service Providers to maximize revenues, reduce taxes, build wealth, and create a legacy. Dawn and Kimberly talk about profits, revenue, Financial comparitinits, and how we can actually stop you from growing into your vision. Dawn and Kimberly we're going to give some tips and strategies to make sure that your profit is growing and not just your top line.
In this episode…
Who is Kimberly and whom does she serve? (1:01).
A lot of business owners right up front are trying to drive the top line rather than the bottom line. Can you explain the difference between the two and where we might see somebody who is generating the top line but not keeping the bottom line? (3:45).
Profit-first strategy (5:52).
Let's dive into Financial comparitinits, the marketing that we see for different things, return on investment and profitability, and why each one of these needs to be addressed for you to actually be able to thrive. (11:05).
You end up while you're generating all of that revenue and all of that money. If you're not keeping any, what are you working for? Have you had that conversation with people? (15:40).
What was that doing to your mindset when you're looking at other people who quote maybe more successful even if you don’t really know behind the scene what they're actually keeping? (19:45).
So now let's go ahead and talk strategic reinvestment, let's talk calculated risk, let's talk return on investment. What do we need to be looking at? (23:33)
So let's talk about how you've decided to decrease your profit margin instead of leveraging that. (27:40)
Where can people find you? Learn more about you and your practice. (37:15).
Kimberly’s Information.
Website- https://www.taracpafirm.com/
Youtube- https://www.youtube.com/@kimberlytara5456
Instagram: https://www.instagram.com/taracpafirm/
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