Podcasts about knowing your numbers

W. Michael Hsu is the Founder and CEO of DeepSky, a pioneering virtual CFO firm that functions as the accounting department for entrepreneurs. He was the first professional in the US to adopt and become certified by Xero and the inaugural recipient of the Bill.com Guru Certification. Beyond DeepSky, Michael is the creator of MEASURE x HACK, a methodology designed to help entrepreneurs achieve more while working less. His insights and work have been featured in esteemed publications, including Inc. Magazine, Forbes, CPA Practice Advisor's 40 Under 40, Accounting Today, and AIGA. In this episode… Many entrepreneurs struggle with financial clarity, often operating their businesses without genuinely understanding the numbers behind them. This lack of insight leads to reactive decision-making, missed opportunities, and a constant feeling of being out of control. But what if financial systems could be used not just to track the past but to shape the future? W. Michael Hsu, a financial strategist and creator of a business performance methodology, shares how entrepreneurs can shift their mindset from reactive to intentional. Michael emphasizes empowering business owners through simple, clear financial systems and accountability frameworks. He introduces his MEASURE x HACK approach, which helps leaders understand key metrics and implement strategies that optimize results, offering specific steps to gain control, reduce overwhelm, and create real growth. Tune in to this episode of the Smart Business Revolution Podcast as John Corcoran interviews W. Michael Hsu, Founder and CEO of DeepSky, about designing financial clarity for entrepreneurs. Michael shares how business owners can reclaim time and control through metrics, mindset, and systems. He also discusses the power of mentorship, how to introduce entrepreneurship to kids, and the role of freedom in business.

In episode 244 of the Pool Nation Podcast, Edgar, John, and Zac dive into the first of the 5 Habits of Highly Successful Pool Pros—and it's the one that most pool pros overlook: Knowing Your Numbers. From understanding your cost of service to building a business with purpose, we break down what sets thriving companies apart from those just grinding day to day. Whether you're managing 40 pools or scaling to 13,000, this habit is the foundation of profitability and long-term success. Plus, hear wild stories from Coachella Fest chaos, ducks in pools, and John's analogy that will have you thinking differently about your business horsepower.

AJ Wanders from Monolith Artscapes shares what it really looked like to go from self-doubt to confidence in the early days of running his business. As a two-man crew, AJ talks about why he chose to invest in SynkedUP right out of the gate, and how that decision helped him win back his evenings, quote jobs faster, and make decisions with clarity instead of guesswork. He opens up about leaving the comfort of a steady paycheck, navigating mindset struggles, and how knowing his numbers gave him the freedom to put family first. If you've ever thought you're too small for systems or felt the weight of trying to do it all

In this episode, I break down why knowing your numbers is absolutely critical to business success. I've learned through growing my landscaping company that setting a detailed budget isn't just about tracking expenses—it's about calculating exactly what we need to charge per hour to cover all overhead, equipment costs, and still generate profit. I compare business budgeting to calorie counting because staying under budget consistently leads to financial health, just like staying under your calorie count leads to weight loss.I share my personal experiences with both sides of the financial spectrum—being cash-rich and being heavily leveraged with debt—and why understanding your numbers gives you the confidence to make growth decisions. I explain how we calculate our hourly rates by dividing total operating costs by billable hours, then adding our target profit margin. This approach has allowed us to reinvest profits rather than rely too heavily on debt, though I'm honest about times I've felt the pressure of a "debt spiral" when taking big opportunities.Most importantly, I emphasize that perfect numbers don't exist when you're starting out—you have to make your best estimate and then adjust as you learn. Knowing your numbers isn't about perfection; it's about having the clarity to make decisions, manage stress, and guide your business toward consistent profitability.

Q1 2025 Highlights from ABCI There are two things that we think are VERY helpful for successful marketing. Openness and transparency (this helps build trust)  and Knowing your numbers! So in the interest of practicing what we preach, and modeling good behavior

Have you ever created a budget or tracked your spending—only to still feel stuck financially? If you've tried all the spreadsheets but still don't have financial peace, you're not alone. The missing piece isn't another budget—it's a shift in your mindset, habits, and biblical stewardship.

Cameron emphasizes the critical importance of financial literacy for practice owners in the medical aesthetics industry. He discusses the necessity of understanding key financial metrics, the growth potential of the MedSpa industry, and the importance of patient acquisition and retention. He also provides actionable strategies for improving financial management and marketing, urging practice owners to view their financials as essential tools for sustainable growth.Listen In!Thank you for listening to this episode of Medical Millionaire!Takeaways:Knowing your numbers is not optional; it's essential for sustainable practice growth.Set a revenue goal for the next six to 12 months.Analyze your cost per lead, per service, and overall profit margins.Implement one financial improvement strategy this month.Increase prices, reduce costs, or offer memberships to improve profitability.Marketing should be viewed as an investment, not an expense.Patient retention is critical; aim for a retention rate above 70%.Understand your revenue per visit per patient to optimize pricing.Utilize financial dashboard software to track key metrics.Educate yourself on financial management to enhance your business acumen.Unlock the Secrets to Success in Medical Aesthetics & Wellness with "Medical Millionaire"Welcome to "Medical Millionaire," the essential podcast for owners and entrepreneurs inMedspas, Plastic Surgery, Dermatology, Cosmetic Dental, and Elective Wellness Practices! Dive deep into marketing strategies, scaling your medical practice, attracting high-end clients, and staying ahead with the latest industry trends. Our episodes are packed with insights from industry leaders to boost revenue, enhance patient satisfaction, and master marketing techniques.Our Host, Cameron Hemphill, has been in Aesthetics for over 10 years and has supported over 1,000 Practices, including 2,300 providers. He has worked with some of the industry's most well-recognized brands, practice owners, and key opinion leaders.Tune in every week to transform your practice into a thriving, profitable venture with expert guidance on the following categories...-Marketing-CRM-Patient Bookings-Industry Trends Backed By Data-EMR's-Finance-Sales-Mindset-Workflow Automation-Technology-Tech Stack-Patient RetentionLearn how to take your Medical Aesthetics Practice from the following stages....-Startup-Growth-Optimize-Exit Inquire Here:http://get.growth99.com/mm/

There's a lot that goes into your bloodwork report when you go to the doctor or have a wellness exam. This week, Gaston County Wellness Coordinator Heather Huth and Atrium Health Family Nurse Practitioner Logan Breakfield break down what you need to know about good cholesterol, lipids and what that blood pressure readout actually means for your health. 

Dive into cash flow strategies with financial expert Lisa Dionisio. Discover how to build a cash cushion, the importance of knowing your numbers, and strategies to prevent cash crises. Listen now!Time Stamps 02:49 - Episode Intro 03:11 - Meet Lisa: CPA and Financial Expert 05:16 - Lisa's Take on the Profit First 08:49 - Understanding Business Strategy and Cash Flow 17:51 - Accounts Receivables 23:23 - Getting a Line of Credit 25:41 - Maintaining Good Cash Flow 30:46 - Knowing Your Numbers 33:16 - Managing Your Overhead 38:15 - Legacy Clients and Overhead Management 38:38 - Cutting Recurring Expenses 42:12 - Project Timelines and Overhead Impact 44:04 - Building a Cash Cushion 45:04 - Monitoring Cash Flow and Early Warning Signs 58:17 - Practical Steps to Financial Stability 01:04:53 - Episode OutroSnippets from the Episode “A lot of times, the low-hanging fruit is the receivables.” - Lisa Dionisio “ I always say, just get the line of credit. Don't pull on it, but it's just your safety net.” - Lisa Dionisio  ”Overhead is tough to get down. So don't get it up in the first place.” - Martin Holland  The truth is, if you don't have the cash, if you haven't done a line of credit, or you don't have a way to get a decent interest rate cash, then you're going to be up a creek if you're not getting enough up front.” -Lisa DionisioResources Anchor Stripe 24 Things Construction Business Owners Need to Successfully Hire & Train an Executive Assistant Schedule a 15-Minute Roadblock Call Check out OpenPhone Build a Business that Runs without you. Explore our GrowthKits Need Marketing Help? We Recommend Benali Need Help with podcast production? We recommend DemandcastMore from Lisa Dionisio Paxus CPA website Lisa Dionisio on LinkedInMore from Martin Holland theprofitproblem.com annealbc.com Email Martin Meet With Martin LinkedIn Facebook InstagramMore from Khalil benali.com Email Khalil Meet With Khalil LinkedIn Facebook InstagramMore from The Cashflow Contractor Subscribe to our YouTube channel Subscribe to our Newsletter Follow On Social: LinkedIn, Facebook, Instagram, X(formerly Twitter) Visit our website Email The Cashflow Contractor

I'd love to hear from you 'text the show'Welcome, my lovely listeners!If you're feeling a bit like an ostrich burying your head in the sand when it comes to your clinic's numbers, then this episode is for you. Whether you're running a busy clinic with a full team or working solo and thinking, “I don't really need to track my numbers,” I promise you, you do.I'm joined by my brilliant COO at Thrive, Nichola, who is an absolute numbers queen. Together, we're breaking down why understanding your revenue, profit, and occupancy is non-negotiable for your business success. And yes, we're making it fun, because who doesn't love a desert island game with some financial wisdom thrown in?Episode SummaryIn this episode, Nichola and I discuss the three key metrics every clinic owner must track to grow and scale effectively. We talk about why knowing your revenue, profit, and occupancy levels isn't just for accountants, it's for you, the business owner, to make better decisions, stop wasting money, and ultimately, create a business that serves you.If you've ever thought, “I just need more clients” or “I should throw more money into marketing,” stop right there! Before you do anything, you need to know if your business model is even set up to support your income goals. We cover how to reverse-engineer your pricing, what to do when you're not hitting targets, and how to make your business work for you, rather than the other way around.Key TakeawaysThe three key numbers every clinic owner should be tracking: revenue, profit (or owner's take-home pay), and occupancy/capacity.Why focusing on conversion rates before pouring more money into marketing can save you thousands.How to spot a leaky bucket in your business - clients coming in but not staying.The power of reverse-engineering your pricing to make sure your business model actually supports your income goals.Why checking your finances at the end of the tax year is too late - and what to do instead.A simple method to track your income and expenses every month so you're in control, not guessing.Why understanding your occupancy rate can help you plan for holidays without losing income.If you've been putting off looking at your clinic's numbers, take this episode as your sign to start. Even if it's just tracking one key metric, just start somewhere!Let me know your biggest takeaway from this episode - DM me or share your thoughts on social. And if you loved this chat, please leave a review! It helps spread the word and keeps this podcast going.Now, go check your numbers!

Strategic Financing: Essential Tips for Borrowers | The Mills Knows Bills Podcast Episode 40, Season 5 Link to video podcast episode: https://youtu.be/E4kZ8CRQLXE Welcome to Season 5 of The MKB Podcast! Host Mills Bender, founder and CEO of Mills Knows Bills, discusses strategies for business owners and variable income earners to manage their finances effectively. Let's get to those burning financial questions! In this episode, Mills is joined once again by commercial financing expert Brett Childers. This time, Brett takes the lead, asking Mills about how CFOs can help business owners stand out and prepare for successful loan applications. They dive into the intricacies of evaluating solvency, aligning financial strategies with lending requirements, and the importance of knowing your numbers. They also discuss real-life challenges in cash flow management and the nuances of onboarding new clients. Tune in for valuable insights and strategies tailored for both new and seasoned business owners. To connect with Brett: 321.356.3860 Do you have your own burning financial question for Mills or the MKB team? Email: info@MillsKnowsBills.com Website: https://MillsKnowsBills.com Instagram: https://instagram.com/@millsknowsbills LinkedIn: https://www.linkedin.com/company/mills-knows-bills Subscribe for the latest podcast episodes and more from MKB! 00:00 Introduction and Recap 00:35 Turning the Tables: Brett's Questions 00:53 Preparing for Business Loans 03:22 Onboarding New Clients 05:25 Challenges in Business Growth 06:08 Client Success Story 09:00 The Importance of Knowing Your Numbers 11:18 Services and Client Engagement 14:23 Focus on Blue Collar Businesses 16:05 Conclusion and Contact Information #financialpodcast #millsknowsbills #podcast #entrepreneurfinances #variableincome #businessfinances #commerciallending #businessloans

Today, we're pulling back the curtain on our LMN account to demystify what "Knowing Your Numbers" truly means. No more guesswork—just real, actionable insights that can transform your business. We'll walk you through:  How to effectively use LMN's powerful budget tool  The critical role of your man-hour rate (or revenue per hour)  How to recover overhead and drive predictable, profitable growth We love the LMN platform because it's more than just a CRM—it's a profit-building machine. While most CRMs act as glorified schedulers and invoicing tools, LMN allows you to scale your business predictably by ensuring every job is priced for profit. LMN is ideal for businesses doing $250K-$350K+ in revenue and ready to grow, but the principles we'll cover today apply to anyone looking to build a thriving, green industry business.  Exclusive Offer Alert!  Interested in our "3For2" promotion? Get 3 months free, exclusive onboarding savings, and 10% off your monthly rate. Email me, and I'll connect you with the LMN team to lock in this deal!  Not using LMN yet? Check out the Know Your Numbers Calculator at www.LawntrepreneurAcademy.com/store to start making data-driven decisions today! #LevelUp #KnowYourNumbers #LMN #ProfitableGrowth #Lawntrepreneur LINK Membership Get Brian's Free Newsletter https://www.lawntrepreneuracademy.com/  LMN Mastermind Sessions (Use code Brian). LMN Landscape Software (Interested in checking out LMN and giving it a free Trial? Use our link or the code "Brian" to get the best savings and signup experience possible). Brian's Lawn Maintenance On YouTube Brian's Lawn Maintenance On Instagram www.brandedbullinc.com  www.CycleCPA.com mention code: Brian to save $200. www.PostcardMania.com/Brian Zero to $100K!: The Complete Guide on How to Start a Successful Lawn Care Company Brian's Lawn Maintenance "MERCH"   Our Affiliate Partners: www.EquipmentDefender.com (Brians10 Save 10%) www.KujoYardwear.com (Brians10 Save 10%+Free Shipping!) www.ISOtunes.com (Save 10%) https://bit.ly/3wzhaI4 www.ProvenLocks.com (Brians10 Save 10%) www.DarwinsGrip.com (Brians10 Save 10%) www.Plow-Right.com (Brians10 Save 10%) www.Ballard-Inc.com (Brians10 Save 10%) www.EarthWay.com (Brians10 Save 10%) www.RhinoHitch.com (Brians10 Save 10%) www.SureCanUSA.com (Brians10 Save 10%) www.ComfortTrim.com (Brians10 Save 10%)

Entrepreneurial spirit is something that seems to be innate in some people, while others don't have it. Not everyone is called to lead either and that's okay! We need all types of people to run effective businesses. That's something our guest Nathan Hirsch, lifelong entrepreneur and owner of several companies including EcomBalance, knows a ton about. Nathan shares his early experiences in entrepreneurship selling books on Amazon and how that's lead to owning and growing multiple companies today. Even though he isn't a bookkeeper, Nathan understands the importance of keeping clean books. Brands often sell on multiple channels so not knowing which one is driving the most profitability can come back to bite you. That's where immaculate financial statements come into play. From early riser hustler to dad owning a portfolio of companies, Nathan invites us into his journey. You ready? The Longer Game is a podcast focused on leaning into the trends and advancements in retail so brands see a clearer path to success across ALL channels. We're looking at retail in a whole new way, looking to better understand the future of retail. It's Retail Reimagined. Sharing hope about the future. No one channel can a business sustain. Go omni-channel. Like what you're hearing? Subscribe to our channel and make sure to click or tap the bell so you get notified whenever new episodes drop. Want to learn more about The Longer Game? Head over to https://thelongergame.com to read show notes, watch more episodes, or contact us. Follow us on LinkedIn: https://linkedin.com/company/thelongergame Follow us on Instagram: https://instagram.com/thelongergame Follow us on Facebook: https://facebook.com/thelongergame Nathan Hirsch is a lifelong entrepreneur and is on a mission to make entrepreneurship simpler for millions.Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and having it acquired in 2019. Today, he owns a portfolio of companies with his partner, Connor Gillivan. A few you might know EcomBalance and AccountsBalance (two monthly bookkeeping services) and Outsource School (access to Nate's Hiring process and SOPs) and TrioSEO (A premium blog writing service). Nathan has appeared on 900+ podcasts and you can follow him on social media and NathanHirsch.comWebsite: http://ecombalance.com Find them on LinkedIn: https://www.linkedin.com/in/nathanhirsch/ Find them on Instagram: @nathanhirsch99 Find them on Facebook: https://www.facebook.com/nathan.hirsch/ Michael Maher, the host, would love to connect with you. Reach out to him at… Email: michael@thinkcartology.com LinkedIn: https://linkedin.com/in/immichaelmaher This podcast is sponsored by Cartology and Podcastify Me. Cartology is a customized done-for-you service agency that helps brands accelerate growth and get profitable on the Amazon marketplace. They work directly with brands to create strategy and then go right out and execute it. Want to find out more? Website: https://thinkcartology.com Find Cartology on LinkedIn: https://linkedin.com/company/cartology Find Cartology on Instagram: https://instagram.com/thinkcartology Find Cartology on Facebook: https://facebook.com/thinkcartology Podcastify Me is designed to help coaches of all kinds enter the podcasting space with minimal lift for them. And, inviting past, current and future clients to your show as part of your marketing and sales process sets you apart from your competition, in a time where podcasting is really gaining popularity. Website: https://podcastify.me Find Podcastify Me on LinkedIn: https://www.linkedin.com/company/podcastify-me/ Find Podcastify Me on Instagram: https://www.instagram.com/podcastify.me/ Find Podcastify Me on YouTube: https://www.youtube.com/channel/UCf2biqOTN2UbZ5aaM4Sx6NQ

Stephanie Skryzowski is a Chief Financial Officer and founder of 100 Degrees Consulting. The company helps nonprofit leaders better understand and use their numbers to make smart decisions that grow their bottom line and their impact and provides financial strategy and bookkeeping services exclusively to nonprofits around the world.Stephanie is the author of the upcoming book Do Good and Prosper, a guide for purpose-driven professionals to achieve both fulfillment and prosperity in their personal and professional lives. Through her book, podcast (The Prosperous Nonprofit), and workshops, she empowers mission-drivenindividuals to embrace a new way of thinking about impact and prosperity.When she is not helping nonprofits create financial clarity, you can find Stephanie running marathons, reading her way through 50 books a year, or enjoying life and traveling with her family. She is passionate about showing people that they don't have to choose between doing good and livinga prosperous life—they can have both!

Do you know what your true profit ratio is on your business? The numbers don't lie, but you might be using them to lie to yourself! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Today I'm chatting with Jen. She's wondering if there's a certain equation she should stick to when it comes to pricing handmade goods. How should she mark up when it comes to selling supplies to other makers? If you're a maker, this episode is specifically for you! GET MY NEW BOOK! - https://www.ciarastockeland.com/profit-genius-book Work with Me - https://www.ciarastockeland.com/work-with-me-step-1Visit the Bookstore - https://www.ciarastockeland.com/bookstoreSign Up for Free Weekly Tips and Trainings - https://www.ciarastockeland.com/subscribe More About the Episode Sponsor:Simple Strategies Group (https://linktr.ee/simplestrategiesgroup) - Get help automating your text and email systems!

Today I'm chatting with Jen. She's wondering if there's a certain equation she should stick to when it comes to pricing handmade goods. How should she mark up when it comes to selling supplies to other makers? If you're a maker, this episode is specifically for you! GET MY NEW BOOK! - https://www.ciarastockeland.com/profit-genius-book Work with Me - https://www.ciarastockeland.com/work-with-me-step-1Visit the Bookstore - https://www.ciarastockeland.com/bookstoreSign Up for Free Weekly Tips and Trainings - https://www.ciarastockeland.com/subscribe More About the Episode Sponsor:Simple Strategies Group (https://linktr.ee/simplestrategiesgroup) - Get help automating your text and email systems!

In this episode of The AZREIA Show, host Marcus Maloney and executive director Mike Del Prete welcome Andrew Augustyniak from Neighborhood Loans. Andrew discusses his journey in the lending industry, highlighting the shift from an easy market to one that requires genuine effort and hard work. The conversation covers a variety of topics including the challenges and opportunities in the current real estate lending landscape, the importance of taking risks, and the benefits of real estate investment. Andrew also shares insights on investment strategies such as assuming VA loans and leveraging AI HELOCs. Listeners are encouraged to reach out to Andrew for personalized advice and to take proactive steps in their investing journey. Key Takeaways: 01:36 Introducing Andrew Augustyniak from Neighborhood Loans 02:18 The Real Estate Market's Evolution 04:39 Navigating the Lending Landscape 08:18 Investor Strategies and Opportunities 13:21 Innovative Lending Solutions 22:59 Advice for New Investors 36:20 Understanding the Importance of Knowing Your Numbers 37:10 The Fear and Regret in Real Estate Investing 38:51 Building Wealth Through Real Estate 39:51 The Journey of Real Estate Investment 41:57 Overcoming Fear and Taking Risks 56:39 The Concept of Assumable Loans 01:04:12 Final Thoughts and Key Takeaways Connect with Andrew Augustyniak https://www.instagram.com/andrewaugustyniak/ ---- The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in Real Estate. Join AZREIA here. Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at  

Over the summer, Geraldine will be joined by various speakers, sharing practical insights on knowing your numbers and growing your business. In this first episode, Geraldine shares a preview of what's to come, discussing creative ways to generate extra income, including hybrid programs and additional resources that can benefit your clients. Stay tuned for practical tips that will help you boost your income and expand your business.Tune in for valuable tips that will help you boost your revenue and grow your business.Be part of the Confident Practitioner Community: https://www.facebook.com/groups/1543978942348737Work with Geraldine:www.geraldineheadley.comwww.instagram.com/mentoringwithgeraldine/

Today With Lisa Jones: Welcome to Window Treatments for Profit. Today, I am excited to welcome Lisa Jones, owner of Lisa Jones Interiors and president of the Atlanta chapter of the WCAA.  Lisa started her business 25 years ago, but at her 17th she reached a breaking point—she decided either she was going to close up shop or make a big shift in her business. After joining the WCAA and listening to A Well Designed Business along with other industry podcasts, Lisa discovered how to transform her business and how to generate true profits. Today, she's sharing how she got there and why the support along the way made all the difference in the world. More About Lisa Jones Lisa Jones is the owner of Lisa Jones Interiors, Inc., a custom soft furnishings workroom serving both retail clients as well as interior designers. She's also a certified Window Treatment Specialist. Lisa started this business 25 years ago back in 1999 when she decided to leave her job as a legal assistant to be a stay-at-home mom for her girls. Lisa operates her business out of a studio on their small farm just south of Dalton, GA, serving clients mainly in the North Atlanta, Northwest Georgia and southeastern Tennessee area. Lisa was one of the 2022 recipients of the Jill Robson Memorial Scholarship for a workroom. She is also the recipient of multiple Vision Awards for both window treatment design and fabrication as well as slipcovers. In 2023, she had the honor of being the first person ever awarded the Workroom Professional certification from Workroom Tech. Lisa is a member of Exciting Windows, and this is Lisa's 3rd year as the current president of the Atlanta Chapter of WCAA. Connect with Lisa Jones Website Facebook Instagram Houzz LinkedIn Pinterest A Big THANK YOU to Today's Podcast Sponsor: This episode is sponsored by Exciting Windows! What's new with LuAnn Nigara The Power Talk Friday Tour Watch the Docuseries! http://www.luannnigara.com/cob Get The Goodies! For checklists, resources, and extra goodies from A Well-Designed Business sign up for free here. To Get on LuAnn's Email List, text the word designbiz to 444999! Purchase LuAnn's Books Here: Book 1: The Making of A Well – Designed Business: Turn Inspiration into Action Audiobook: The Making of A Well – Designed Business: Turn Inspiration into Action Book 2: A Well-Designed Business – The Power Talk Friday Experts Pre-Order Book 3: A Well-Designed Business – The Power Talk Friday Experts Volume 2 Connect with LuAnn Nigara LuAnn's Website LuAnn's Blog Power Talk Friday Like Us: Facebook | Tweet Us: Twitter | Follow Us: Instagram | Listen Here: Podcast Other Resources: This podcast supports the Savvy Giving Design Coalition. Learn more about it here! AWDB #717 Susan Wintersteen: Interior design firm standards in a nonprofit passion project AWDB #164: Susan Wintersteen- Savvy Giving by Design FREE Exciting Windows! “Ask Me” Zoom Event More Info on the WCAA! BADG & Cooper Hewitt Event Info & Link to Reserve Tickets! Other Shows: AWDB #1014 Power Talk Friday: Michele Williams: Mastery of Your Finances AWDB #719: Peter Lang, Kimberly Merlitti, and Michele Williams: Financial Prep for Year-End- The Must Do's AWDB #424: Power Talk Friday: Re-Visiting Michele Williams' Tips for Time Management AWDB #395: Power Talk Friday: Michele Williams: Financial Health Checklist for Your Interior Design Business AWDB #180: Power Talk Friday: Michele Williams Talks About Profit First and Why it Matters to You AWDB #137: Michele Williams- Scarlet Thread Consulting- Actionable Tips for Time Management WTFP #1 Tracie Bresnahan: Three Pillars for Success: Having Systems, Knowing Your Numbers and Delivering Quality. WTFP #22 Ceil DiGuglielmo: Accepting Fear as My Constant Companion WTFP #7 Jennifer Looney: How to Re-Establish Your Window Treatment Business in a New Location

Want to Start or Grow a Successful Business? Schedule a FREE 13-Point Assessment with Clay Clark Today At: www.ThrivetimeShow.com   Join Tim Tebow, LIVE and in-person at Clay Clark's December 5th & 6th 2024 Thrivetime Show  Business Workshop!!! Learn Branding, Marketing, SEO, Sales, Workflow Design, Accounting & More. **Request Tickets & See Testimonials At: www.ThrivetimeShow.com  **Request Tickets Via Text At (918) 851-0102   See the Thousands of Success Stories and Millionaires That Clay Clark Has Helped to Produce HERE: https://www.thrivetimeshow.com/testimonials/ Download A Millionaire's Guide to Become Sustainably Rich: A Step-by-Step Guide to Become a Successful Money-Generating and Time-Freedom Creating Business HERE: www.ThrivetimeShow.com/Millionaire   See Thousands of Case Studies Today HERE: www.thrivetimeshow.com/does-it-work/  

Understand the importance of tracking numbers in business. Tanner O'Brien explains that visibility into your metrics—good or bad—is essential for growth. For small business owners, numbers might seem tedious, but they're key for making smart decisions, especially around cash flow. Regularly tracking financials, sales, and marketing metrics can help you see issues early, prepare for challenges, and invest confidently in future growth.O'Brien stresses that “you can't manage what you don't measure.” Key metrics like KPIs and KAIs reveal trends and allow quick adjustments, making decision-making clearer and faster. Facing the numbers may take courage—they tell the truth without sugar-coating—but they bring clarity and help avoid emotional, reactive decisions. Monitoring cash flow weekly, for instance, lets you act in advance rather than getting caught off guard.The BizX Podcast Episode 85 with Tanner O'BrienTake Your Business to New Heights: Book Your Spot at the UK's Biggest Business Event to hear from Global Thought Leaders and Industry Pioneers in 2025:https://thebizx.co.uk/Powered By ActionCOACH Business Coaching: The Help You Need to Grow Your Business: https://business.actioncoach.co.uk/ Hosted on Acast. See acast.com/privacy for more information.

We want to help you make more money. That's why we're sharing a simple tip that can add about $1,500 a month to your STR revenue. You can be making an extra 5 figures a year without doing anything extra.In this episode, we break down what a gap night strategy is and how to optimize it. We share the 4 pillars of a gap night strategy. Plus, we explain how to effectively price, automate, and market your gap nights. This strategy is a no-brainer and a win-win for both you and your guests. We're excited to see you try it!(00:00:00) Introductions(00:01:28) #STRShareSunday: @goldiesbeachhouse(00:05:03) What Is A Gap Night Strategy?(00:09:21) Pillar 1: Knowing Your Numbers(00:14:00) Pillar 2: Understanding Your Booking Window (00:17:52) Pillar 3: Pricing Your Gap Night (00:23:03) Pillar 4: Shifting Your Mindset (00:25:18) Messaging Your Gap Nights Resources:• Click here for full show notes • Breezeway• minoan.com/tfvshowroom• #STRShareSunday: @goldiesbeachhouse• Submit your property for our next #STRShareSunday at strshare.com• Video: The Easiest Way to Add 25% More Profit to Your Airbnb Bookings• Airbnb Essentials Checklist: hostchecklist.comThanks for Visiting is produced by Crate Media.Mentioned in this episode:Hostfully | Go to https://www.hostfully.com/influencers/thanks-for-visiting/ and use TFV100 to get $100 off your subscription.Superhog | Visit superhog.com/thanks-for-visiting and book your FREE demo today!

CLICK HERE TO FIND OUT MORE ABOUT OUR EMPIRE MASTERMIND Amy Lewis, owner of Mooeys, discusses the growth and benefits of franchising in the beauty industry. She shares her journey from owning one salon to now having seven salons and five franchises. Amy shares the importance of knowing your numbers and having a budget sheet to track expenses and profit margins. She explains that franchising provides a business in a box, with a proven framework and systems that can be easily replicated. Amy also discusses the pressure and responsibility of franchising, as well as the emotional challenges of closing a salon. The conversation explores the challenges and rewards of running a franchise business. It highlights the importance of maintaining control and protecting the brand reputation. The hosts discuss the need to transition from being friends with employees to being their boss as the business grows. They also introduce their new mastermind programs for business growth and franchising. Takeaways Franchising provides a business in a box with a proven framework and systems that can be easily replicated. Knowing your numbers and having a budget sheet is crucial for tracking expenses and profit margins. Franchising allows for brand growth and the opportunity to help others succeed. The pressure and responsibility of franchising can be challenging, but the rewards of seeing others succeed with your brand are worth it. Closing a salon can be emotionally difficult, but sometimes it is necessary for the overall success of the business. Running a franchise business can be challenging, especially when it comes to maintaining control and protecting the brand reputation. Transitioning from being friends with employees to being their boss is necessary for business growth. Mastermind programs can provide valuable support and guidance for scaling a business and entering the franchising industry. Chapters 00:00 Introduction and Background 02:13 Amy's Journey from One Salon to Multiple Salons and Franchises 03:18 Setting New Goals and the Future of Mooeys 07:13 Imposter Syndrome and Overcoming Doubts 10:03 The Importance of Knowing Your Numbers and Profit Margins 14:14 What is Franchising? 15:26 The Cons of Franchising 18:40 The Pros of Franchising 23:02 The Pressure and Responsibility of Franchising 26:23 The Emotional Challenges of Closing a Salon 29:57 Challenges of Running a Franchise Business 30:31 Transitioning from Friend to Boss 32:13 Lessons Learned and Getting Through Challenges 46:20 Introducing Mastermind Programs 55:18 The Importance of Supplier and Brand Partnerships Sky Premium Life Products  https://skypremiumlife.co.uk/ https://www.instagram.com/skypremiumlife/ Code for 15% OFF : kgpodcast15 Diso Dissolvable Supplements  https://mydiso.com/ Code for 10% off - KG10 

Mastering Business Finances: Tips, Mindset Shifts, and Empowerment for Professional Organizers LINKS FOR LISTENERS: Schedule a Zoom with Melissa to talk about joining our programs: CLICK HERE Learn more about Inspired Organizer: CLICK HERE Get in touch with Danielle and her team at Kickstart Accounting: CLICK HERE I am talking to Danielle Hayden, founder of Kickstart Accounting Inc., to demystify the world of business finances. From actionable strategies in bookkeeping and tax planning to understanding the different financial roles like CPAs and CFOs, we are breaking  down essential financial concepts and highlight the critical importance of knowing your numbers. The discussion also delves into mindset shifts necessary for business success, especially for women entrepreneurs. Knowing your numbers actually means FREEDOM--and financial guidance can save and grow your business. 00:42 Tax Day and Financial Conversations  04:00 Introducing Danielle Hayden and Her Journey 08:25 Understanding Bookkeeping and Accounting 18:57 The Importance of Knowing Your Numbers 22:46 Budgeting and Financial Planning for Small Businesses 26:46 Support for Business Owners with Financial Challenges 28:07 Creating a Safe Space for Financial Conversations 29:34 Taking Responsibility as a Business Owner 30:28 The Importance of Nonjudgmental Financial Support 32:58 Understanding the Infinite Game of Business 35:33 The Role of Gender in Business Ownership 39:57 Practical Tips for Business Finances 41:20 Overcoming Financial Disorganization 45:22 The Importance of Separating Business and Personal Finances 46:50 Navigating State-Specific Financial Regulations 48:21 Breaking the Taboo: Talking About Money 52:07 How to Get Financial Help and Support 53:18 Conclusion and Final Thoughts

Understanding your numbers is the cornerstone of a profitable business. This episode breaks down how business owners can identify their most profitable revenue streams, implement recurring income strategies, and optimize service packages for long-term success. It also covers reducing costs by managing overhead, cutting unnecessary subscriptions, and improving labor efficiency. Join host Adam Sylvester and Tyler Martin, of Think Business with Tyler.   [00:00] Introduction to the podcast and guest [01:00] The true meaning of “knowing your numbers” [02:40] Identifying profitable revenue streams and avoiding distractions [03:50] The value of recurring revenue in building business stability [05:10] Structuring service packages and managing their logistics [07:12] Using the reporting features in Jobber to understand your numbers [07:53] Leveraging data to identify early trends and potential issues with your business [10:54] Reducing costs, with a focus on optimizing ad spend, reviewing overhead, and cutting excess subscriptions [17:02] Strategies for labor efficiency and avoiding unnecessary costs [20:06] Adam's Key Takeaways: Correct service area, cancel unused subscriptions, have good data

Today on Small Business School I'm bringing you a spontaneous recording from the car, but a super powerful chat that I am confident every single business owner needs to nail, understanding your numbers. In this quick episode I am going to break down how knowing your financials is key to running a profitable business, while giving you some actionable steps to create your own financial roadmap!Topics covered:The importance of knowing your numbers and what that really means for your business.How a one-page business plan or blueprint can simplify your path to success.Understanding the three main profit levers: revenue, cost of sales, and overhead.How accounting ties into your overall strategy and doesn't operate in a silo.The critical role of testing and tracking your actions to ensure growth.The mission of your business relies on profit, so get clear, get strategic, and start making those numbers work for you! The Business BlueprintEpisode 134: The Three Levers To ProfitHave you registered for the Canadian Small Business Summit yet? Find all the information you need here! Staci's Links:Instagram. Website.The School for Small Business Podcast is a proud member of the Female Alliance Media. To learn more about Female Alliance Media and how they are elevating female voices or how they can support your show, visit femalealliancemedia.ca.Head over to my website https://www.stacimillard.com/ to grab your FREE copy of my Profit Playbook and receive 30 innovative ways you can add more profit to your business AND the first step towards implementing these ideas in your business!

  Dr. Troy Spurrill of the Synapse Center for Health and Healing talks about the importance of knowing your metabolic marker numbers. Susie mentions information she learned from Dr. Casey Means. Dr. Troy's non-profit is State of Grace Foundation. Find out more here. Faith Radio podcasts are made possible by your support. Give now: click here

In this episode of Remodeler's On The Rise, Kyle Hunt discusses the importance of evaluating financials, setting business budgets, and understanding key performance indicators for success in the remodeling industry. He emphasizes the need for peer groups to foster improvement and engagement among remodelers, and shares insights on job costing, cash flow management, and pricing strategies. Download the 5 Financial Resources for Remodelers here! Click here to learn more about the Remodelers VIP Club.  ----- Takeaways Success in business is not a linear path. Evaluate your financials regularly to ensure progress. Top 20% remodelers have a clear business budget. Understanding your KPIs is crucial for success. Job costing helps in maintaining profitability. WIP reports are essential for accurate financial statements. Cash flow management is key to a healthy business. Know your markup and margin to price effectively. Peer groups can provide valuable insights and support. Continuous learning and improvement are vital in remodeling. Chapters 00:00 Introduction and Personal Anecdote 03:18 Introduction to the Financial Structure of Remodelers on the Rise 05:04 Creating and Reviewing a Business Budget 06:59 Key Financial Metrics to Monitor 09:23 Evaluating Business Budget and Actual Results 13:03 The Significance of the Work in Progress (WIP) Report 16:24 Additional Financial Metrics to Consider 18:18 The Importance of Knowing Your Numbers 20:15 Conclusion and Contact Information

Looking for the body contouring business model with the biggest payout? Then opening your business in a commercial lease space may be the perfect fit for you. Discover the steps to take to turn calculated risks into big rewards in today's episode.Links mentioned in this episode. CoursesBody Contouring 6in1 MasterclassOnline Courses from the Body Contouring AcademyPodcast EpisodesIs Starting a Mobile Body Contouriing Business Right for YouThe Pros and Cons of a Home-Based Body Contouring BusinessArticles About the Body Contouring Academy Founders How Profitable Body Contouring Business Owners Don't Miss a Single Detail in therir Business Physical Attributes The Ultimate Guide to the Best Body Contouring Certification Courses The Key to Aesthetics Business Profitability is Knowing Your Numbers and Following the Money How to Start a Body Contouring Business with One Online Course Avoid Discounting Your Prices By Using These Body Contouring Sales Tactics InsteadResources and Studies cited:https://wendymaynard.com/the-surprising-reason-you-should-charge-a-premium-price-for-your-services/

Tune in as Kyle Hunt, host of Remodelers On The Rise, interviews Steve Tankersley, the owner of Tankersley Construction on his journey into the remodeling industry. After working in commercial construction, he decided to start his own remodeling business in 2018. Steve emphasizes the importance of the fundamentals in running a successful business, such as responsiveness and reliability. He also values the freedom and flexibility that owning a business provides, allowing him to spend more time with his family. Steve discusses his transition from fixed-price contracts to cost-plus contracts, which offer more transparency and build trust with clients. He provides insights into his cost-plus approach, including setting goals for net profit, accurately estimating project costs, and itemizing direct costs.  ----- Visit RemodelerRetreat.com and sign-up to join Kyle and his wife Sarah for the Remodel Your Marriage, Life, and Business Retreat, October 2nd-4th, 2024  ----- Takeaways The fundamentals of responsiveness and reliability are crucial in running a successful remodeling business. Owning a business provides the freedom and flexibility to spend more time with family. Transitioning from fixed-price contracts to cost-plus contracts can build trust and provide transparency with clients. Setting goals for net profit and accurately estimating project costs are essential in a cost-plus approach. Itemizing direct costs, such as insurance and software, can help reduce the markup in cost-plus contracts. The cost-plus pricing model allows for open and frequent communication with clients without the fear of racking up hourly bills. Delivering value to clients is crucial when using the cost-plus pricing model. Knowing your numbers and having a robust accounting and project management system is essential for success. Self-performed labor rates can contribute to higher margins in cost-plus projects. Using contingencies can help manage unexpected costs and build trust with clients. Cloud-based software and coaching can be valuable tools for remodeling contractors. Chapters 00:00 - Introduction and Background 01:45 - Approaching Pricing in the Remodeling Business 04:10 - Transitioning to Residential Construction 08:50 - Achieving Dreams and Balancing Family Life 10:46 - Recognizing Success and Reflecting on the Journey 12:58 - Unpacking the Cost-Plus Approach 16:28 - Setting Goals and Estimating Project Costs 19:42 - Reducing Markup in Cost-Plus Contracts 22:09 - The Benefits of Cost-Plus Pricing 23:35 - Delivering Value and Accountability 26:06 - Knowing Your Numbers and Having a Robust System 27:06 - Maximizing Margins with Self-Performed Labor 31:41 - Managing Unexpected Costs with Contingencies 39:28 - The Value of Cloud-Based Software and Coaching

I'm joined by someone today that I've got the opportunity to get to know over the last few years. We met in a mastermind community that I was previously apart of, and I was recently on his podcast a few months back. He's one of the brightest minds in the accounting and CFO space especially when it comes to working with marketing agencies, which I'm very familiar with. I'm excited to have him on the show and help give you all some practical and easy to implement strategies to get more comfortable understanding your numbers, regardless of what industry you're in.My guest today is Cameron Williams. He is the Owner & Founder at KynLi Consulting. Cameron's Bio:Cameron Williams is the CEO and Founder of KynLi Consulting LLC. He has 11 years of experience within the accounting industry in both private and public accounting, serving tech,card processing, energy, PR, and other industries. Over the past 5 years, he has helped hundreds of marketing agencies and business owners save over $600,000+ in taxes and make more money while streamlining their finances in the process.Cameron's practical strategies not only clearly communicate the confusing accounting and tax world, but empower business owners to take control of their money so that they can live thelife they want and create the company they always imagined strategically. Cameron is on a mission to impact 300 marketing agencies with his financial strategies to grow their impact and income by 2030.Connect with Cameron:Facebook: https://www.facebook.com/cameronwilliams32 Instagram: https://www.instagram.com/legacysjourney2018/ LinkedIn: https://www.linkedin.com/in/cameronwilliams11/ Website: https://www.kynliconsulting.com/ Builders of Authority:FREE Facebook Group: https://www.facebook.com/groups/7685392924809322 BOA Mastermind: https://buildauthority.co/order-form-mastermind GoHighLevel Extended 30-day Free Trial w/TONS of Personal Branding Bonuses: http://gohighlevel.com/adammcchesney

One thing I learned long ago: When I know my numbers, I hit my numbers; when I don't know my numbers, I don't hit them. In this episode, I talk about the three most important types of numbers to know: personal, sales and balance sheet. I also share the difference between what I call Need, Want and Desire numbers and why striving for your Desire numbers—the amount you need to live the life of your dreams—is a game-changing motivator. Listen today to tap into the power of doing the math.

For more, check out The Profit Circle: patreon.com/theprofitcircle

In this episode of the Stay Hungry podcast, Andy & Joel discuss the metrics that matter in business growth. From calculating the lifetime value of a customer to understanding the true worth of each client relationship, they explore essential insights to refine your marketing strategies and build meaningful client connections. Tune in as they talk about the nuances of pricing versus value in sales conversations, offering actionable tips for business success.KEY TAKEAWAYSTo work out your lifetime value of a customer, you need to know your average order value, how many times that person buys from you in a year, and how many years they remain a customer.If you can't calculate the lifetime value of a client, then how on earth, from a marketing or scaling perspective, will you know what you'd be willing to spend to acquire that customer?If all we're talking about is price in a sales conversation, then we're probably not right for each other. I want to know how I can help, and give you value for that money. VALUABLE RESOURCESStay Hungry Podcast SeriesStay Hungry Bestselling Book ABOUT THE HOSTJoel StoneJoel Stone is a marketer and disciple of business strategy. After seeing the impact of the 2008 recession, he decided to take control and leave employment to set up in business for himself. He quickly built an award-winning design agency, partnering with Andy Rao on numerous projects until they formed Codebreak in 2019.Having previously helped brands including GlaxoSmithKline, Diageo, Beta Tools, and Channel 4, Joel's work has been seen all over the world. He takes pride in applying techniques normally reserved for huge corporations to SMEs throughout the UK. Case studies of Joel's work have featured in Design Week, The Drum, and Social Media Today. Website - https://www.codebreak.co.uk/

In this week's conversation, Dan and Ian discuss 10 ideas that provide valuable insights and strategies for entrepreneurs looking to grow their revenue to $1 Million and beyond. From years of experience and countless coaching calls, Dan and Ian cover topics such as finding a product with a tailwind, getting out of delivery, hiring a key badass, understanding your business model, optimizing your marketing funnel, and much more… These strategies can provide a roadmap for entrepreneurs to focus on the most impactful areas of their business and make informed decisions to drive growth. Dan & Ian's Stuff: Our book: Before the Exit (https://www.amazon.com/Before-Exit-Thought-Experiments-Entrepreneurs/dp/1980628823/ref=sr_1_1?crid=3E5PMCCM0TDZ0&dib=eyJ2IjoiMSJ9.GnIb36rltn6NgcjHBCs8zg.waeKvE3zKoAbCt6Adoo5o5vv7M4PDyOj9pMXE7dM82A&dib_tag=se&keywords=before+the+exit+dan+andrews&qid=1711510466&s=books&sprefix=before+the+exit+dan+andrews%2Cstripbooks%2C101&sr=1-1) The Newsletter (https://tropicalmba.com/subscribe) “The DC” (https://dynamitecircle.com/join-dc/) DC Accelerator (https://dynamitecircle.com/dc-accelerator) DC Black (https://dynamitecircle.com/dc-black) Global events (https://dynamitecircle.com/events) Hire remote talent (https://remotefirstrecruiting.com/) Find a remote job (https://dynamitejobs.com/) Listen on YouTube (https://www.youtube.com/@OfficialTropicalMBA) Follow on Instagram (https://www.instagram.com/tropicalmba/) @TropicalMBA (https://twitter.com/TropicalMBA) @AnythingIan (https://twitter.com/AnythingIan) Chapters: (00:00:49) Introduction and Setting (00:02:02) 10 Ideas for Reaching $1 Million in Revenue (00:03:46) Finding a Product with a Tailwind (00:11:11) Getting Out of Delivery (00:17:57) Hiring a Key Badass (00:23:48) Knowing Your Numbers (00:25:05) Understanding Your Numbers (00:29:27) Creating a Resident Offer (00:32:46) Optimizing Your Marketing Funnel (00:38:50) Identifying Key Metrics (00:40:51) Patching the Leaky Boat Links: Diagnostic & Goals | Plans | Systems Work sheet (https://docs.google.com/document/d/15eai16-JiRqUDYyKBdG6Za-vIs_xLCnGRcLYYcbrGDE/edit) Past guests on TMBA include Cal Newport, David Heinemeier Hannson, Seth Godin, Ricardo Semler, Noah Kagan, Rob Walling, Jay Clouse, Einar Vollset, Sam Dogan, Gino Wickam, James Clear, Jodie Cook, Mark Webster, Steph Smith, Taylor Pearson, Tommy Griffith, Justin Tan, Matt Gartland, Travis Jamison, Ayman Al-Abdullah, Tynan, Lucy Bella Simkins, Brian Balfour, Nick Huber, Mike Michalowicz, Greg Crabtree, Jordan Gal Additional episodes you might enjoy: Winning and losing Millions with Nathaniel Eliason (https://tropicalmba.com/episodes/winning-and-losing-nathaniel-eliason) Less Than 5% of Businesses Get to 1MIL+ - A Process to Reach the Goal (https://tropicalmba.com/episodes/process-to-reach-goal) The 7 Most Common Money Mistakes for Bootstrappers (https://tropicalmba.com/episodes/7-money-mistakes)

On today's episode of the podcast I'm chatting with Misa Bacon of Perfectly Kept Books about how to care for your business and yourself through bookkeeping. Misa is a bookkeeper that takes an easy, fun and accessible approach so business owners enjoy getting to know their numbers. Misa typically works with women creatives. It's easy to stay in the dark about your numbers, but if you don't know how much you make and how much you're spending, it's hard to grow your business. Bookkeeping is about more than just knowing your numbers for taxes. Society always talks about self-care, but we don't talk enough about financial self-care. But how you feel about money is going to effect everything you do, especially in your business. And knowing your numbers helps you get a better understanding and the information you need to make a better decision for tomorrow. It's okay if things aren't good today, things can get better, but they can't if you don't know what's happening with your business. If you have bank account anxiety or are avoiding your numbers, it starts with logging into your bank account and just look at what's there. See what's happening - were you charged for something you shouldn't have been? Did you get paid by a client? As time goes on, work towards checking your bank balance daily. For more on money mindset blocks, check out Episode 65 - Money Blocks with Denise Duffield-Thomas When it comes to financial self-care, a lot of avoiding money is tied to negative money beliefs. One of the big ones Misa often hears is the belief that I'm not good with money, which means different things to different people. But being good with money is a skill, and skills are learned. You will learn the terms and get a better understanding with time if you get out there and learn it. Start with the basics in your business. Do your bookkeeping at a minimum, know what you're making and what you're spending, and determine what's bringing in an ROI and what is unnecessary spending. After you've done that, then you can start to learn about APRs and investing and savvier business investments. It's all building blocks and it's important to start with the basics of bookkeeping and not try to skip steps. For more on financial mindset, check out Episode 327 of the podcast -- Healing Your Money Mindset with Financial Therapist Rachel Duncan Not having a business bank account is another building block that is often overlooked but ultimately makes more work for the business owner. When all of your business transactions are not separated out, you'll need to comb through all of your personal statements to highlight business expenses which is very time-consuming. Choosing to skip the work of going back and finding these expenses can cost you more in taxes, even if your business isn't making any money, because you won't have as many deductions. When all of your business expenses are deducted from a business account, it makes bookkeeping significantly easier and more time efficient. You don't need an LLC to open a business bank account, as a sole prop you can open a separate personal bank account for your business. If you're just starting to get a hold of your finances, Misa recommends setting up a system and sticking with it. It's one thing to say you have a bookkeeping software or spreadsheet, but it's another thing to actually use it and making sure you set aside time to do it. If you choose to use a spreadsheet, Misa advises to get one that is already set up instead of trying to build one from scratch. It's important to understand what's going into your bookkeeping, even if you hire someone to do it for you. Learn what to look for, what reports to look at, and how to read your books. If you're going to set up Quickbooks, ask someone for help. A bookkeeper can show you what to click and how to set it up appropriately from the get-go so you aren't having to go back and re-do things. If you're in a place where you need help with your bookkeeping but can't yet afford a monthly bookkeeper, Misa created a membership to give you access to ask a bookkeeper questions because having someone you can go to can help make you more confident to do it on your own. Get in Touch with Our Guest - Misa Bacon Join the membership to get answers to your bookkeeping questions at club.perfectlykeptbooks.com (30 Day Free Trial available) Follow Misa on Instagram @perfectlykeptbooks Check out Misa's website perfectlykeptbooks.con

Learn More About Attending the Highest Rated and Most Reviewed Business Workshops On the Planet Hosted by Clay Clark In Tulsa, Oklahoma HERE: https://www.thrivetimeshow.com/business-conferences/   See the Thousands of Success Stories and Millionaires That Clay Clark Has Helped to Produce HERE: https://www.thrivetimeshow.com/testimonials/   Clay Clark Testimonials | "Clay Clark Has Helped Us to Grow from 2 Locations to Now 6 Locations. Clay Has Done a Great Job Helping Us to Navigate Anything That Has to Do with Running the Business, Building the System, the Workflows, to Buy Property." - Charles Colaw (Learn More Charles Colaw and Colaw Fitness Today HERE: www.ColawFitness.com)   Download A Millionaire's Guide to Become Sustainably Rich: A Step-by-Step Guide to Become a Successful Money-Generating and Time-Freedom Creating Business HERE: www.ThrivetimeShow.com/Millionaire   See Thousands of Actual Client Success Stories from Real Clay Clark Clients Today HERE: https://www.thrivetimeshow.com/testimonials/   See Thousands of Case Studies Today HERE:  www.thrivetimeshow.com/does-it-work/  

In this episode of Add To Cart, Danny Chiha and Natalie McDermott join us from Kelly + Partners Accountants, an ASX listed company with branches in Australia and expanding globally. Danny and Nat are both partners at the Northern Beaches branch in Sydney, working with around 50 ecommerce brands with turnover running from $50,000 to $50m. In this chat, Danny and Nat share what an ecommerce business baseline gross profit margin should be, the non financial KPI's you need to be paying attention to and how much you should be spending on marketing. Links from the episode:Kelly+PartnersDeliver In Person (sponsored)Shopify Plus (sponsored)Questions answered:With the ecommerce businesses that you work with, what do the successful ones have in common? What financial metrics are most crucial to track for ecom businesses? What mistakes do you see ecommerce businesses make most often? This episode was brought to you by… Deliver In PersonShopify PlusAbout your co-hosts: Danny Chiha from Kelly+PartnersDanny has over 10 years business advisory and commercial accounting experience. He commenced his career with four years at Crowe Horwath, started his own successful business, then joined Coca-Cola Amatil as the Financial Accounting Manager where he led a successful team of 17 professionals. Danny is the founding partner of Kelly+Partners Northern Beaches and also leads Kelly+Partners Startup. He has a real passion for, and specialises in, assisting businesses develop and execute strategies that create business viability.You can contact Danny at LinkedInNatalie McDermott from Kelly+PartnersAs a Chartered Accountant with over a decade of experience in the accounting industry, Natalie is proudly serving as a Partner at Kelly Partners' Northern Beaches office. Her area of specialisation lies in E-commerce accounting and advisory, where she provides valuable insights and strategies to help businesses optimise their financial performance.You can contact Natalie at LinkedIn Hosted on Acast. See acast.com/privacy for more information.

Join us for this episode of the REDX Podcast with power prospector Kent Brown. In this episode, Kent delves into the critical importance of knowing your numbers in real estate and exploring how data-driven insights can transform your business. Here's what you will discover... • Knowing Your Numbers: How to play the numbers game in real estate to accomplish your goals. • Essential Stats to Track: Key market and personal stats you need to know to be successful. • Overcoming Objections with Facts: How to use data to help you effectively handle common objections. JUMP TO THESE TOPICS

 Do you know your numbers?  In the last few weeks 3 conversations, one with a client, one with a dear friend who also owns an online business and another friend who crossed the million dollar mark in 2023 and has not paid herself a salary the whole year, had me on fire for this episode. If you don't know your numbers: 1- you are most likely making decisions in your biz from emotion and not data. You cannot grow like that…you will always be blindsided by your believes instead of what is TRULY happening in your business. 2- Your pricing as a service provider DEPENDS in the fact that you understand your cost, your hourly rate, so eventually you can start delegating. ( I know you probably hate that word right now, because you think you cannot afford it….that is because you dont know you numbers!) Reading the Book Profit First 4 years ago changed my life and the trajectory of my business it invited me to re-wire and reshape my relationship with Money and go deep in the Money trauma I was carrying. It MADE ME look at my money. Main topics in this episode : 

In this episode, Aaron discusses the importance of knowing your numbers in business and how to develop a gross profit strategy. He emphasizes the need to understand financial statements, such as income statements and balance sheets, and the difference between sales revenue and gross profit. Aaron explains that knowing your numbers allows for data-driven decision-making and helps avoid emotional decision-making, which can lead to chaos in business. He also shares the benefits of implementing a gross profit strategy and how it can aid in scaling a business. Overall, Aaron highlights the significance of being a student of your business and making informed decisions based on financial data.TakeawaysKnowing your numbers is crucial for making informed decisions in business.Understanding financial statements, such as income statements and balance sheets, is essential.Implementing a gross profit strategy helps in analyzing and optimizing business performance.Regularly reviewing and adjusting your numbers is important for maintaining financial health and making strategic decisions.A gross profit strategy is a valuable tool for scaling a business and ensuring long-term success.00:00 Introduction01:21 The Importance of Knowing Your Numbers08:21 Knowing Your Numbers Consistently11:02 Gross Profit Strategy15:44 Adjusting the GP Strategy25:43 Overcoming Obstacles in Knowing Your Numbers38:05 Scaling with a GP Strategy42:22 Conclusion

I'm always thinking about how my students are performing in the mastermind, and it's my commitment to have my finger on the pulse of the room so that I can best support them. This is why revenue tracking is a key practice in my 200K Mastermind program, and the best news is you don't need to be a math wiz for revenue tracking to be incredibly valuable to you and your business.   Learn why we practice revenue tracking in my programs and how you can start for yourself. I'm showing you what consistent revenue tracking does for you and your business, how I can help my students when I know their numbers, and why developing this kind of relationship with your numbers creates a powerful sense of entrepreneurial maturity.   If you want to start making serious money as a coach, you need to check out 2K for 2K. Click here to join: https://staceyboehman.com/2kfor2k!

We're talking about one of my favourite topics today, and that is numbers! Getting into the figures and finances of your business can seem scary but it's so important to dig into the numbers and know what you're looking at.  Joining me today is Accountant and Financial Educator, Liane Ranaboldo who helps business owners get confident with their finances. Lack of clarity around finances holds a lot of great businesses back so today we discuss how to understand what your numbers are telling you so you can stop playing it small. What You'll Learn In This Episode  - How to be proactive, rather than reactive when it comes to your business finances and which numbers to start tracking regularly.  - Why some business owners don't scale above the VAT threshold and why I'm sad to see so many people doing this.  - We all want to be tax efficient but are scared of getting it wrong. Liane shares how to be less fearful of HMRC and how to choose the right accountant for you.  - Why business decisions become easier when you can clearly see your profits and losses and how financial confidence will help you in many other areas of your business as well.  Resources:  - Join That Strategy Club - Find all of Liane's services at www.tilleysaccountancy.co.uk - Visit the website https://thatstrategyco.com/ - Follow me on Instagram @lisajohnsonstrategist - Follow me on Facebook @lisajohnsonstrategist - Join the discussion at @thefabulous5percent - Subscribe to my YouTube channel 

In this episode of Power Women In Insurance, Teresa Kitchens is joined by Colby Allen, Consultant and Financial Analyst at AgencyFocus. Colby shares his deep knowledge of financial statements like profit & loss and balance sheets, and they discuss how important it is to understand money matters for running a business, and why knowing your financial numbers is key for making smart choices in business and life. Key Topics: The role of financial statements in business ownership Navigating the complexities of P&L statements and balance sheets The significance of knowing your numbers for strategic decision-making Strategies for effective financial planning and risk management The impact of financial literacy on personal and business growth Understanding the value of your agency and preparing for future transitions The importance of professional guidance in financial management Connect with: Colby Allen Teresa Kitchens Visit Websites: AgencyFocus Sterling Insurance Group Produced by Podsquad.fm

The philosophy of making your business one percent better each day can be a transformative approach. By committing to continuous improvement, even the smallest daily enhancements accumulate over time, leading to significant progress. From enhancing customer experiences, to optimizing internal workflows, the cumulative effect of consistent, incremental improvements can propel a landscaping  business forward. On this weeks show, Scott talks to Rich Johnston and David Sinn of Johnston Landscape Manufacturing Inc. https://jlmoutfront.com QUESTION —What could you do today, to be one percent better tomorrow? Let us know on our Facebook Page.

In this week's podcast episode, Sean Zalmanoff and Landon Hale simplify the process of building your team. They explain why it's crucial to define roles clearly before hiring, why you should stay open-minded when choosing candidates, and why it's smart to invest in early administrative help. Discover how getting involved and ensuring smooth onboarding can really boost your team's success.  02:10 – Unpacking the Hiring Process 03:08 – The Role of a Loan Partner 04:36 – The Importance of Hiring Staff as an Investment 06:29 – The Impact of Hiring on Business Growth 08:30 – Determining When to Hire 09:39 – The Importance of Tracking Number 14:02 – The Role of a Contracts to Close Coordinator 22:02 – Knowing Your Numbers and Setting IncentivesTakeaways:Start by hiring administrative support or coordinators to handle tasks efficiently. Having administrative assistance can significantly boost your productivity and allow you to focus on core responsibilities. Sometimes, the best person for the job might not be right around the corner or have the exact background you thought you needed. Being open to different kinds of experiences and locations can lead you to some great hires.Even as you delegate tasks, remain involved in crucial stages of the process. Clients and partners often expect direct interaction from you, so ensure your presence is felt when needed.If you've committed to a referral-based business model, prioritize nurturing relationships and maintaining open communication. Regular engagement with clients and partners demonstrates your dedication to providing top-notch service.Quotes:" If you fail to plan, you plan to fail.” " When you hire somebody to help you with your business, you got your net that you're pulling through the water and that net. Obviously, it has holes in it. The goal is to tighten those holes so less things slip away. “" If you ain't tracking your numbers, you can't call yourself even a loan officer. “Show Links:Community Platform: www.BecomeNL.com Podcast Partner: https://leadpops.com/mortgage/partners/nextlevel/  Social Media:Facebook - https://www.facebook.com/NextLevelLoanOfficers/ YouTube - https://www.youtube.com/channel/UCwSyHzkvBri1YWJSH7df1CQ LinkedIn – https://www.linkedin.com/company/next-level-loan-officers/about/

Financial advisers say a key to building good money habits is to regularly review in detail each of your accounts and assets. WSJ's Bourree Lam and Julia Carpenter, authors of “The New Rules of Money,” join host J.R. Whalen to discuss how the book can help make that process less intimidating. Learn more about your ad choices. Visit megaphone.fm/adchoices