Helping Small Business Owners who run service-based businesses, brick-and-mortar businesses, or home-based businesses in their local communities learn their business numbers and earn a 6 figure income. So if you're working 60, 70 hours a week and struggling to grow your small business and you want more financial freedom, this show is for you. My mission is to help you earn an awesome income! Everything you do in your business impacts your profit. So let's make sure you are paying yourself correctly in your business and the steps you can take that contribute to a healthy bottom line.
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Have you noticed that everyone has an opinion on how you should price your products or services? But how do you know if they are even going to be profitable? Today we will walk through a way to test your pricing strategy to ensure that you will have profitable sales.Β
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Which of Your Products or Services Make the Most Money? Not all items are created equal. Some might make you more in sales but others will make you more in profit. How do you know which products or services are the ones you should be pushing in your business?
Watch the video to see the visual numbers: https://youtu.be/SbbU5Xocb90
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If you want more profit in your small business, then you will want to learn these two easy-to-learn calculations that will lead to you putting more money to your bottom line. Knowing the flow of money through your business will give you powerful information to make more money in your small business.
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Ever have a great month of sales only to open up your account and ask "Where's all the money?Β Let's talk about what might be going on....
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Life can sometimes throw you off track on your goals. But there is always some learning lesson to gain. The last 10 days were not what I planned but I did have an opportunity to view customer service in a new way and today, Iβll share where I was and the customer service lessons, I wanted to share.Β Β
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Shutting down a small business is never easy. I know from personal experience. You work your butt off to build a business only to be faced with either failing or walking away. Sometimes you have to walk away and live to fight another day. Today I'll share how I had to close the doors to my small business and how I still survived and thrived. And so will you!
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Employee bonuses sound good. But they can also end up being a nightmare when done wrong. If you are thinking about creating a bonus program for your team, make sure you are asking yourself som...
Business is booming & you need space. But can you afford to open that store, warehouse, workshop or other location to expand your business? Letβs walk through how you can do a simple exercise ...
Your business numbers are being impacted by every decision you make in your business. So many sales and profits are lost due to the littlest things. Your customer experience has a huge impact on what they spend and ultimately how much money you make off them. Letβs take a look at several examples of decisions a business makes that can lead to lost profits.Β Β
Your Year-Ending Profit & Loss Income Statement is packed with great information to help you increase your profit and sales. But how exactly do you read it to get the information you need to be more profitable and create more sales. Well today, we will dive into an existing business and take a look.
Watch the video here:Β https://youtu.be/UCwjC7XKA70
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Have you ever looked at your competition and wondered how they can make more money than you? Well, let's dive into some of those reasons and the possibility that they might not be as profitable as you think.
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A trip to a local business in town (at a location I use to run a business out of) blew my mind at how poorly they cared about their customers and how little they cared about making money as they were flushing money down the toilet!
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We all know a powerful tool in your toolbelt is your profit and loss statement. However, a lot of folks donβt realize how much information is hiding in the monthly breakdown when you look at t...
If you want to be successful in the new year, it all starts with the mindset and actions you take. You CAN NOT treat the new year like you did the past year or you will get what you have alrea...
Boost Your Business Profits: Using 5 Core Strategies
Cash is the air that your business needs to breath. Without it, the business cannot survive no matter how well you run it. I should know. Iβll share my experience with a lack of cash flow and the ultimate end of one of my businesses.Β
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If you want to crush 2024 and have the best year ever in your business, you need a plan that you can execute. Let's go over some of the areas you want to look at and how you can build a business plan/goals to ensure 2024 rocks!
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