Podcasts about net profit

Measure of the profitability of a business venture

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Best podcasts about net profit

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Latest podcast episodes about net profit

Today's Sports Headlines from JIJIPRESS
Japan's Sumo Assn Stays in Black in 2024 with 1.4-B.-Yen Net Profit

Today's Sports Headlines from JIJIPRESS

Play Episode Listen Later Mar 25, 2025 0:08


Japan's Sumo Assn Stays in Black in 2024 with 1.4-B.-Yen Net Profit

Heather du Plessis-Allan Drive
Miles Hurrell: Fonterra Chief Executive on 8% net profit rise, and the hope for dairy to be included in India's FTA

Heather du Plessis-Allan Drive

Play Episode Listen Later Mar 20, 2025 5:15 Transcription Available


It's good news for diary giant Fonterra, whose first half net profit is up 8 percent to $729 million, with a revenue growth of 14 percent. A dividend of 22 cents a share will be paid, and the forecast farmgate milkprice is sitting at a midpoint of $10 a kilo. What is the message to farmers? Fonterra Chief Executive Miles Hurrell talks to Tim Beveridge about the result. LISTEN ABOVE. See omnystudio.com/listener for privacy information.

Remodelers On The Rise
4 Numbers Every Remodeler Needs to Know

Remodelers On The Rise

Play Episode Listen Later Mar 13, 2025 39:25


In this episode of Remodelers On The Rise, we break down the four key financial metrics every remodeler must track to stay profitable. From understanding your gross profit to making strategic decisions for long-term success, we'll show you how running your business by the numbers—not just gut instinct—can transform your bottom line. Plus, we'll discuss how peer groups and coaching can help you stay accountable and on track. Tune in and take control of your numbers today! ----- The Remodelers VIP Club is designed to help you strengthen the 6 Main Systems of your remodeling business in a step-by-step way through our Remodelers Roadmap. You'll have access to a treasure trove of short pre-recorded training to help you immediately address the weak points of your business. Learn more and sign-up here! ----- Explore the vast array of tools, training courses, a podcast, and a supportive community of over 2,000 remodelers. Visit RemodelersOnTheRise.com today and take your remodeling business to new heights! ----- Takeaways Understanding your numbers is crucial for business success. Clear job costing helps identify expected vs. actual costs. Overhead expenses must be accurately tracked to avoid profit loss. Aim for a healthy net profit margin to sustain your business. Set a goal for total gross profit dollars needed each year. Regularly analyze job costs to identify areas for improvement. Know the difference between overhead and cost of goods sold. A healthy net profit allows for reinvestment in the business. Value perception plays a significant role in pricing. Continuous learning and accountability are key to success.   ----- Chapters 00:00 Introduction to Key Numbers for Remodelers 06:21 Understanding Job Costing 16:39 Overhead Expenses Explained 19:51 The Importance of Net Profit 30:17 Total Gross Profit Dollars Needed

Real Estate Team OS
059 Preserving Your Profit Margins with Anthwon Thomas

Real Estate Team OS

Play Episode Listen Later Mar 4, 2025 63:09


Talk or type with our new Team Bot: https://realestateteamos.com/botTop-line revenue growth of a real estate team is great. But driving that growth while preserving your gross profit margin and net profit margin is even better.In this conversation, Anthwon Thomas shares his numbers along with the story of starting and growing Silver Lining Real Estate Group brokered by Real in Lafayette, Indiana.Learn the key elements to preserving profit as you grow, including clarity on your operating model and equity in commission splits. Hear which roles they hired and in what order. Get their three-stage process for bringing great-fit people onto the team. Watch or listen to this conversation with Anthwon Thomas for insights into: - Exemplifying the values and principles of the team as a leader and as a leadership team- Dropping out of a pre-law university path and becoming a real estate agent- When and why he started a team with someone who's still a member today (and the “scary” part of the process)- Which staff and agents they hired and in what order- Growing production 50% with a new CRM, a database manager, and more accountability- Their main lead sources and their monthly ad spend- How onboarding and training have evolved over the past 7 years- Why he abandoned the idea of a NAVY Seal team in favor of recruiting more agents- The three minimum standards required from every agent on the team (20, 20, and Tuesday)- Details of their three-stage process to find people who fit their operating model (group call, one-way video interview, one-on-one meeting)- Why a 60% gross profit margin and 25% net profit margin are their goals- Why the key to preserving profit margin is managing your cost of sale / commission split- Why he started the High Value Agent podcastAt the end, learn about Team Thomas masterminds, G-Wagon anxiety, and the benefits of writing. Episode Mentions:- Episode 022 with Matt Smith https://www.realestateteamos.com/episode/real-estate-team-leader-leadership-lessons-matt-smith- FUBCON Session with Jon Cheplak https://www.realestateteamos.com/episode/jon-cheplak-real-estate-teams-traditional-brokerages- Episode 009 with Daniel Dixon https://www.realestateteamos.com/episode/daniel-dixon-lighthouse-real-estate-agentsAnthwon Thomas:- https://www.instagram.com/anthwonthomas/- https://www.facebook.com/AnthwonThomas/High Value Agent:- https://www.instagram.com/highvalueagent/- https://www.facebook.com/groups/858436428634711- https://highvalueagent.com/hva/Silver Lining Real Estate Group:- https://www.slreg.com/about/- https://www.instagram.com/_slreg_/- https://www.facebook.com/SLREG/Book Recommendation:- The Power of a Positive Team by John GordonReal Estate Team OS:- https://www.realestateteamos.com- https://linktr.ee/realestateteamos- https://www.instagram.com/realestateteamos/ Talk or type with our new Team Bot: https://realestateteamos.com/bot

Heather du Plessis-Allan Drive
Jodi O'Donnell: TVNZ Chief Executive on a profitable first half for the company

Heather du Plessis-Allan Drive

Play Episode Listen Later Feb 28, 2025 6:25 Transcription Available


It has been a profitable first half performance for TVNZ, as the state-owned broadcaster has returned to profit. The company has announced a total Net Profit After Tax of $53.1 million, as well as operational earnings of more than $11 million, for the six-month period ending December 31st. Despite this, TVNZ can't predict whether the full year result will deliver the same good news. LISTEN ABOVE.See omnystudio.com/listener for privacy information.

Bulls N' Bears with Matt Birney Podcast
IVE Group: Acquisition synergies realised, gross profit up, costs down & net profit through the roof

Bulls N' Bears with Matt Birney Podcast

Play Episode Listen Later Feb 27, 2025 3:03


IVE Group: Acquisition synergies realised, gross profit up, costs down & net profit through the roof Listen to ASX-listed IVE Group Managing Director Matt Aitken talk to Matt Birney on the Bulls N’ Bears Report about IVE Group’s impressive December half yearly numbers and profit forecast for the year. See omnystudio.com/listener for privacy information.

MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
Market View: Nvidia's Q4 revenue up 78% yoy; Trump on tariffs on EU; Hong Kong main stock index crosses above 24,000 points; Saga surrounding CDL; Yangzijiang Shipbuilding's 2H net profit up 50.5% yoy; CapitaLand Investment's 2H net profit of S$148M

MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong

Play Episode Listen Later Feb 27, 2025 14:52


Singapore shares dipped at about 2pm today as investors continued to mull earnings from notable names including ST Engineering, CapitaLand Investment, and Yangzijiang Shipbuilding. The STI was down 0.08% at 3,904.89 points then with a value turnover of S$1.08 billion in the broader market. In terms of companies to watch, we have Yangzijiang Shipbuilding. The group reported a net profit of 3.6 billion yuan (S$659.3 million) for the second half ended Dec 31, which is 50.5 per cent higher than the corresponding year-ago period. Elsewhere, from more on the ongoing saga surrounding City Developments Limited, to a solid set of earnings out of AI chip titan Nvidia – more corporate and international headlines remain in focus. Also on deck – how Hong Kong’s main stock index hit above 24,000 points for the first time in three years. On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital. See omnystudio.com/listener for privacy information.

MONEY FM 89.3 - The Breakfast Huddle with Elliott Danker, Manisha Tank and Finance Presenter Ryan Huang

Sarah Jane Mahmud, Senior Analyst, Bloomberg Intelligence discusses her takeaways from OCBC's Q4 results, where it posted a net profit of S$1.69 billion, up 4 per cent from the previous corresponding period. Produced/Presented: Ryan HuangSee omnystudio.com/listener for privacy information.

MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
Market View: Nvidia earnings lookahead; OCBC's net profit up 4%; Battle between billionaire Kwek Leng Beng and son Sherman Kwek for control of CDL; Singapore's manufacturing output grew 9.1% yoy in January; DeepSeek reopens access to core programming in

MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong

Play Episode Listen Later Feb 26, 2025 15:17


Singapore shares were roughly flat at around 2pm today, as investors continue to mull corporate earnings out of the country. The STI was up 0.19 point then at 3,916.06 points with a value turnover of S$950M in the broader market. In terms of companies to watch, we have OCBC after the lender today reported a net profit of S$1.69 billion for the fourth quarter ended December, up 4 per cent from S$1.62 billion in the previous corresponding period. Elsewhere, from a tussle for control over property giant City Developments Limited, to DeepSeek reopening access to its core programming interface after nearly a three-week suspension, more corporate and international headlines remain in focus. On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Jeff Ng, Head of Asia Macro Strategy, Sumitomo Mitsui Banking Corporation.See omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Malcolm Johns: Genesis Chief Executive on its half year net profit increase, need for renewables, and government input

Heather du Plessis-Allan Drive

Play Episode Listen Later Feb 21, 2025 6:46 Transcription Available


Energy company Genesis almost doubled its half year net profit to 70.3 million dollars after tax. Wholesale power prices rose dramatically last winter in response to the dry weather. Shareholders will be happy with that, but its customers might not. Genesis Chief Executive Malcom Johns talks to Ryan Bridge. LISTEN ABOVE. See omnystudio.com/listener for privacy information.

MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
Market View: Investors' reaction to latest Fed minutes; Seatrium Offshore Technology wins tender; SingPost's FYQ3 group operating profit down 23.8%; Tax incentives to get fund managers to list on the SGX; Grab posts net profit of US$27M for Q4, beats es

MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong

Play Episode Listen Later Feb 20, 2025 18:41


Singapore stocks declined this morning, tracking overnight losses in European markets. The Straits Times Index (STI) opened 0.4 per cent lower at 3,919.97 points after 41.2 million securities changed hands in the broader market. In terms of companies to watch, we have Seatrium after it announced today that Seatrium Offshore Technology won an international tender from shipyard International Maritime Industries for the supply of equipment and licence of a drilling unit. Elsewhere, from the key highlights of the Federal Reserve’s latest meeting minutes, to ride-hailing app Grab’s Q4 earnings beating analysts estimates, more international and corporate headlines remain in focus. On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with Terence Wong, CEO, Azure Capital.See omnystudio.com/listener for privacy information.

JIJI English News-時事通信英語ニュース-
Kioxia Posts Record Net Profit in April-Dec.

JIJI English News-時事通信英語ニュース-

Play Episode Listen Later Feb 15, 2025 0:22


Japanese flash memory maker Kioxia Holdings Corp. reported a record consolidated net profit of 252,048 million yen for April-December 2024, achieving a turnaround from a year-before loss of 253,974 million yen thanks to robust demand for memory chips for data centers.

Heather du Plessis-Allan Drive
Vittoria Short: ASB CEO on the bank's interim net profit rising to $763 million

Heather du Plessis-Allan Drive

Play Episode Listen Later Feb 12, 2025 6:19 Transcription Available


ASB is reporting a one percent increase in net profit, for last year's second half. Profit margins remained flat, but home lending grew five percent and business and rural lending increased two percent. CEO Vittoria Short says this is a sign the economy is turning a corner for the better after a lengthy downturn. "Inflation's back in target range, we know that the OCR or interest rates are moving downwards to more neutral levels and what we can see is that our customers, who have been doing it tough and are stressed - our actions are helping." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Best of Business
Vittoria Short: ASB CEO on the bank's interim net profit rising to $763 million

Best of Business

Play Episode Listen Later Feb 12, 2025 6:28 Transcription Available


ASB is reporting a one percent increase in net profit, for last year's second half. Profit margins remained flat, but home lending grew five percent and business and rural lending increased two percent. CEO Vittoria Short says this is a sign the economy is turning a corner for the better after a lengthy downturn. "Inflation's back in target range, we know that the OCR or interest rates are moving downwards to more neutral levels and what we can see is that our customers, who have been doing it tough and are stressed - our actions are helping." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Fear and Greed
Ask Fear & Greed: What's the difference between net profit and underlying profit?

Fear and Greed

Play Episode Listen Later Feb 11, 2025 7:01 Transcription Available


Listener Liam asks: We hear companies talking about net profit and underlying profit - but what's the difference? And yes, I've googled it before - but the question google can't answer for me is which one actually matters? Join Sean Aylmer & Michael Thompson as they answer listener questions.If you have your own question for Ask Fear & Greed, get in touch via our website, LinkedIn, Instagram or Facebook!Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

JIJI English News-時事通信英語ニュース-
Kobayashi Pharma Logs 1st Net Profit Drop since 1999 Listing

JIJI English News-時事通信英語ニュース-

Play Episode Listen Later Feb 10, 2025 0:12


Kobayashi Pharmaceutical Co. said Monday that it suffered the first year-on-year decline in its group net profit since its stock listing in 1999 in the business year ended in December last year.

MTG Commander Smiths Podcast

Episode 363: EARLY Release Winter Superdrop 2025 Secret Lair... Is It Worth It?

Profit + Prosper
165: Track These Numbers to Scale Smarter | The Metrics Every Service-Based Business Owner Needs to Track

Profit + Prosper

Play Episode Listen Later Feb 6, 2025 19:45


Are you leaving money on the table, or are you overspending on marketing efforts that aren't giving ROI? You won't know unless you track these seven key metrics.  In this episode, I break down the essential numbers every service-based business owner needs to monitor to scale smarter—covering everything from sales conversion rates to cash flow. I'll also share how my background in data reporting transformed my approach to growth strategies and why my clients are seeing major shifts by keeping a close eye on these numbers. Stay tuned to learn how to make data-driven decisions that fuel sustainable success!

Real Estate Investing School Podcast
230. REAL DEAL: Breaking Down Cam's $150K Payday

Real Estate Investing School Podcast

Play Episode Listen Later Jan 23, 2025 33:20


Welcome to the Real Estate Investing School Podcast! Have you ever heard of someone making $150,000 on a single deal and thought, “How do they do that?” Well, this episode is all about breaking down exactly how it's done.  We're sitting down with Cameron, a real estate pro who's made millions in just a few years. He's sharing the story of his six-figure deal, along with the strategies, mindset shifts, and key moves that got him there. You'll learn how he started, the steps he took to scale, and how he's setting himself up for even bigger wins in the future.  If you've been thinking about getting into real estate but aren't sure where to start, this episode is for you. Check out the Real Estate Investing School Youtube Real Estate Investing School Instagram Brody's Instagram Joe's Instagram Cameron's Instagram

The Real Estate Investing Podcast
Air Force Veteran Gabe Flips 40 Land Deals in Just 18 Months (Here's How!)

The Real Estate Investing Podcast

Play Episode Listen Later Jan 17, 2025 40:18


In this episode, Ron Apke sits down with Gabe Corrales, a dynamic land investor crushing it in the industry with a diverse range of deals. Gabe shares his incredible journey, starting with 20 years in the Airforce, where he followed in his pilot father's footsteps. From pursuing a surfing career to becoming a commercial airline pilot, Gabe's story is as inspiring as it is unique. Discover how Gabe transitioned into land investing part-time, balancing his airline job with flipping properties just 1-2 weeks each month. Learn about his first deals, including a $24,000 profit on his first transaction and an impressive $15,000 survey hacking deal. Gabe's 18-month journey boasts 40 deals, over $100,000 netted in 2024, and projections of $250k-$300k for 2025. Ron and Gabe dive into deal funding, the Certified Investor Program, and Gabe's favorite networking hacks—like finding partners at his kids' birthday parties! If you're curious about starting in land investing or want tips to level up, this episode is packed with actionable advice and motivation. ================================  WANT TO GET STARTED? ⁠⁠https://landinvestingonline.com/starter-guide-phone/⁠⁠ ================================ SOCIAL Ron's Instagram

FULL COMP: The Voice of the Restaurant Industry Revolution
Why Most Restaurants Struggle (And How to Break the Cycle)

FULL COMP: The Voice of the Restaurant Industry Revolution

Play Episode Listen Later Jan 15, 2025 4:38


Most restaurants don't fail—they just get stuck. They struggle with slim margins, unpredictable cash flow, and the constant grind of staying afloat. But what if there was a way to break the cycle? In this episode, we reveal the overlooked strategies that separate struggling restaurants from thriving ones. Whether you're ready to scale or just need more breathing room, this conversation is for you.Visit www.joshkopel.com today to get free access to the upcoming 5 Day Restaurant Profitability Challenge: 5 Days to a 15% Net Profit.

Elite Expert Insider
Unlocking Profit and Cash Flow Secrets with Michael Barbarita

Elite Expert Insider

Play Episode Listen Later Jan 13, 2025 27:30


Melanie Johnson co-owner of Elite Online Publishing, interviews Michael Barbarita, an esteemed business expert known for transforming companies and crafting dynamic sales strategies. Learn the mechanics of the "conversion formula"—a powerful four-step strategy designed to captivate and convert prospects into loyal customers. Learn More: https://www.nextstepcfo.net/  

The Successful Contractor Podcast
Siblings Turn Family Legacy into a Success – How Dean's Plumbing Quickly Grew from $1MM to $4.5MM at 25% Net Profit

The Successful Contractor Podcast

Play Episode Listen Later Jan 9, 2025 67:58


What does it take to transform a modest family plumbing business into a multi-million dollar powerhouse? In this episode of The Successful Contractor, Bob Houchin sits down with siblings Grace, Noah, and Levi Dean of Dean's Plumbing in Beaverton, OH, to unpack their incredible journey. From growing up in a household of ten siblings and homeschooling to taking over their parents' basement-run business, the Deans share the challenges and triumphs of scaling to $4.5MM with 25% net profit.Discover how they implemented new software, leveraged StraightForward Pricing, and brought structure to chaos—all while navigating the dynamics of working with family. Highlights include Grace's insights on QuickBooks, Noah's inventory solutions, and Levi's unique approach to recruitment. Watch this episode for practical tips, heartfelt stories, and valuable takeaways for every home service professional. Subscribe nowShow NotesThe Successful Contractor Podcast is a part of the CertainPath family. CertainPath builds successful home service businesses—and has for 25 years. We do it by providing contractors with a proven path to success, professional coaching, software solutions, and a member community of 1,100+ strong. Doubling your sales, with a 20% net profit, and an inspiring company culture is ALL possible. Let us show you the way. With CertainPath, Success is Made Certain. Visit www.mycertainpath.com for more information.FOLLOW CERTAINPATH: Facebook: https://www.facebook.com/CertainPath Linkedin: https://www.linkedin.com/company/certainpath Instagram: https://www.instagram.com/certainpath/

JIJI English News-時事通信英語ニュース-
Seven & i Posts 65.1 Pct Net Profit Fall in March-Nov. 2024

JIJI English News-時事通信英語ニュース-

Play Episode Listen Later Jan 9, 2025 0:13


Seven & i Holdings Co. said Thursday that its net profit in March-November 2024 dropped 65.1pctfrom a year before, reflecting sluggishness in its overseas convenience store business.

HVAC Masters of the Hustle
Episode #297- Leland Smith

HVAC Masters of the Hustle

Play Episode Listen Later Jan 6, 2025 36:10


HVAC Masters Of The Hustle would like to Welcome 2025 in with a Special guest in the Hot Seat Leland Smith. On this episode Leland talks about the importance on building your team also understanding the importance of daily meeting and huddles. This episode will DIVE DEEP on understanding your numbers and the proper breakdown for the best outcome for NET PROFIT! The Rev isnt the important this as much as its the Money you're keeping. This Podcast episode will def have you kicking yourself for working harder in 2024 and not smarter! SHARE this Podcast to someone you know thats ready to DOMINATE 2025 with a MISSION! SHARE

Property Profits Real Estate Podcast
Micro Flips, Micro Teams and Net Profit Focus with Travis King

Property Profits Real Estate Podcast

Play Episode Listen Later Dec 21, 2024 24:03


Join us in this episode as we chat with Travis King, a land flipping expert! Travis shares his journey from flipping houses to flipping land and explains why land is a great investment. He tells us how he started small and grew his business to over 500 land deals. Travis also gives us a sneak peek into his new book, "The Land Investor's Playbook," and shares tips on how to find and buy land. Tune in to learn from Travis's experiences and discover the exciting world of land flipping!   ================================== Want to grow your real estate investing business and portfolio?  You're in the right place. Welcome to the Property Profits Real Estate Podcast

Million Dollar Landscaper
Are You Paying Yourself? Why Pricing Matters More Than Ever- MDL episode 329

Million Dollar Landscaper

Play Episode Listen Later Nov 29, 2024 13:16


In this episode of the Million Dollar Landscaper Podcast, host Scott Molchan reflects on Thanksgiving and dives into one of the most important—and often overlooked—aspects of running a landscaping business: making sure your pricing includes your paycheck.   Scott shares why Gross Profit alone isn't enough to measure your success and explains how overlooking Net Profit—and failing to pay yourself a livable wage—can leave your business struggling to grow. Using real-world examples, he uncovers the common mistakes landscapers make when reviewing their Profit & Loss statements and why it's critical to account for all overhead costs, including your own paycheck.   But this episode isn't just about identifying the problems—it's about finding solutions. Scott introduces the Cash Flow & Grow program, a comprehensive system designed to help landscapers calculate their true costs, price jobs for profit, and ensure they're paying themselves a livable wage.  

Million Dollar Landscaper
Why Gross Profit Isn't Enough: Fix Your Pricing to Keep More Money in the Bank- MDL episode 328

Million Dollar Landscaper

Play Episode Listen Later Nov 22, 2024 12:08


In this episode of the Million Dollar Landscaper Podcast, host Scott Molchan dives into one of the most common yet misunderstood challenges landscapers face: why hard work and solid Gross Profit margins aren't translating into a healthy bank account.   Scott shares a recent conversation with a client whose Gross Profit margin sat at a respectable 47%, but with a Net Profit of just 2%, they were on the brink of financial trouble. Through this real-world example, Scott unpacks the dangerous myth that focusing only on Gross Profit is enough to run a profitable business and explains why ignoring Net Profit and overhead costs can leave you scrambling year after year.   This episode goes beyond just identifying the problem—it's about offering solutions. Scott introduces the Landscaping Pricing Calculator, a tool designed to help landscapers factor in all their costs and price their work for profitability. With built-in group coaching, this resource ensures you're not just guessing at your numbers but truly understanding them.   Tune in as Scott breaks down the importance of reviewing your Profit & Loss statement monthly, shares practical tips for addressing common overhead issues, and offers guidance on how to hit Net Profit goals of 10-15% or more. Plus, get a sneak peek at the upcoming Black Friday sale, where you can grab the Landscaping Pricing Calculator at a special price.   If you're tired of spinning your wheels and ready to take control of your numbers, this episode is packed with actionable insights to help you finish the year strong and set your business up for long-term success!  

Ecommerce Coffee Break with Claus Lauter
How To Increase Your Net Profit Margin By 10% in 10 Minutes — Idries Erfan | How to Combine Product and Service Upsells, Why Service Upsells Hit 40-60% Conversion, Why Extended Returns Increase Holiday Sales, Why Package Protection Converts 50-70% (#352

Ecommerce Coffee Break with Claus Lauter

Play Episode Listen Later Nov 20, 2024 56:53 Transcription Available


In this episode of the Ecommerce Coffee Break, Idries Erfan, founder at protectmyorder.co.uk, shares actionable tips to increase net profit margins by 10% or more. Learn how innovative service-based upsells, like stolen package protection, outperform traditional strategies and uncover quick, practical ways to optimize your Shopify store's checkout process.  Topics discussed in this episode: What 300+ merchant interviews revealed about profit margins in the post-iOS 14 eraHow service-based upsells reach 40-60% conversion vs traditional 2-3% product upsellsWhy stolen package protection converts at 50-70% of concerned customersWhat makes optimal upsell pricing range from 2-9% of cart valueHow merchants boost profits by 10% in under 10 minutes with protection servicesWhy extended return windows drive sales during Black Friday seasonWhat makes carbon neutral shipping a compelling modern upsellHow to combine product and service upsells effectivelyWhat A/B testing shows about optimal upsell placementHow success-based pricing eliminates risk for merchant protection servicesLinks & ResourcesWebsite: https://www.protectmyorder.com/Shopify App Store: https://apps.shopify.com/protectmyorderLinkedIn: https://www.linkedin.com/in/idries-erfan/Get access to more free resources by visiting the show notes athttps://t.ly/gIP5pSPONSORS:Elevar – Powering Conversion Tracking For Over 6,500 D2C Brands. More Info: https://www.getelevar.com/BFCM/ Autron – The Anti-Agency for Amazon Ads. More Info: https://autron.ai/ Try Shopify: Get your first 3 months for $1/month. Earn up to $10,000 in credits: https://tinyurl.com/try-shopify MORE RESOURCESDownload the Ecommerce Conversion Handbook for store optimization tips at https://tinyurl.com/CRO-ebook Best Apps to Grow Your eCommerce Store: https://ecommercecoffeebreak.com/best-shopify-marketing-tools-recommendations/ Become a smarter online seller in just 7 minutes Our free newsletter is your shortcut to ecommerce success. Every Thursday. 100% free. Unsubscribe anytime. Sign up at https://newsletter.ecommercecoffeebreak.com Rate, Review & Follow Enjoying this episode? Help others like you by rating and reviewing my show on Apple Podcasts. Rate here: https://podcasts.apple.com/us/podcast/ecommerce-coffee-break-digital-marketing-podcast-for/id1567749422 And if you haven't yet, follow the podcast to catch all the bonus episodes I'm adding. Don't miss out—hit that follow button now!

The Mike Hosking Breakfast
Catherine McGrath: Westpac NZ CEO on the competitiveness of the banking sector, 10% increase in net profit

The Mike Hosking Breakfast

Play Episode Listen Later Nov 4, 2024 5:00 Transcription Available


The boss of Westpac's New Zealand arm insists our banking market is competitive. Westpac is reporting a 10% increase in net profit in New Zealand while being hit by "intense market competition" in Australia. It comes as the bank bosses are being hauled before a banking inquiry at Parliament. Catherine McGrath told Mike Hosking the bank is positioned to support Kiwis as the economy starts to grow. She says as the smallest of the big four banks, Westpac believes any way to make competition easy is a good thing. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Real Estate Team OS
[Inside The Team] Letting Your Systems Run Your Company with CEO Kyle Whissel

Real Estate Team OS

Play Episode Listen Later Oct 22, 2024 59:36


Within a couple of days of recording this conversation, Whissel Realty Group brokered by eXp Realty in San Diego, had 42 transactions scheduled to close. On one day! This type of performance isn't possible without mature and optimized systems.Kyle Whissel welcomed us into his recording studio and his real estate team to help us kick off this 9-episode series taking you Inside Whissel Realty, who consistently perform as the #1 team in San Diego and a top team in the nation and across eXp Realty globally.How to get past vanity metrics and how to know who knows their numbers.Seven key inflection points on the team-building journey.How they know which agents to bring on and which to cut.The elusive power of brand building.How they're keeping agents in the three most dollar-productive activities.Kyle shares all this and much more right here in this conversation!Watch or listen to the first episode Inside Whissel Realty for insights into:- Two benefits of running the team on a system (specifically: what life was like before and after they implemented EOS)- Why the systems run the company and the people run the systems - and where that leaves the leader- Two things you can expect to hear more about in this 9-episode series- How and why he shifted out of commercial real estate into residential- The piece of direct mail he can still see in his mind that sent him down the team path - and two big mistakes he made in the process- How you'll know if you're the right person to build and lead a team and what type of agents you should design for- The financial and cultural upsides of “running the play that's called”- How they've built a company that keeps agents doing the three things that make money (going on appointments, prospecting, and negotiating contracts)- How to know who knows their numbers - and who doesn't- Where he turns for credible, valuable insights to help him learn and grow as a person and as a business- The power of brand, the value of video, and the challenge of marketing attribution- Key points of inflection on his team-building journey- Why top agents love seeing low performers get cut - and what minimum standards must be met to stay on the teamAt the end, learn about a Buffalo pilgrimage, a serious student, and late-game legs.Kyle Whissel:- https://www.instagram.com/kylewhissel/- https://whisselrealty.com/- https://thewhisselway.com/thewhisselwayReal Estate Team OS: - https://www.realestateteamos.com/subscribe- https://linktr.ee/realestateteamos- https://www.instagram.com/realestateteamos/

Startup Gems
I Found an Untapped Home Service Business with 75% Net Profit Margins. Ep #075

Startup Gems

Play Episode Listen Later Oct 7, 2024 51:49


I sat down to discuss an incredible niche business, J&D Lake Services - a pond cleaning company started by college students Declan & Joe. They literally went to Home Depot, bought a garden rake, and began scraping the bottoms of ponds for wealthy homeowners, "raking" in an incredible 75% net margin. Before their entry, pond cleaning companies relied on dumping chemicals, which would harm fish and plants. J&D Lake Services took a different approach: manually removing weeds. It's hard, sweaty work, but they've found a space with no competitors and made it a cash cow.Follow J&D Lake Services for more: InstagramFacebook TikTok YouTubeTimestamps below. Enjoy!---Watch this on YouTube instead here: tkopod.co/p-ytAsk me a question on or off the show here: http://tkopod.co/p-askLearn more about me: http://tkopod.co/p-cjkLearn about my company: http://tkopod.co/p-cofFollow me on Twitter here: http://tkopod.co/p-xFree weekly business ideas newsletter: http://tkopod.co/p-nlShare this podcast: http://tkopod.co/p-allScrape small business data: http://tkopod.co/p-os---00:00 Introduction01:08 Meet the Founders: Joe and Declan01:39 The Origin Story: From Dock Installation to Pond Cleaning03:58 First Big Break: The Seaweed Removal Request05:45 Pricing Strategies and Business Growth12:00 Expanding Services: From Lakes to Ponds18:01 Challenges and Customer Insights28:25 Understanding Client Needs28:48 Pricing Strategies and Challenges29:52 High Close Rates and Competitor Insights32:14 Revenue and Profit Margins33:24 Unexpected Job Opportunities38:18 Social Media Success43:36 The WeDo Boat Story50:50 Final Thoughts and Contact Information

Wholesaling Inc with Brent Daniels
WIP 1569: #ThrowbackThursday - How a Single Phone Call Led to $69,000 in Net Profit

Wholesaling Inc with Brent Daniels

Play Episode Listen Later Sep 26, 2024 36:21


Today's guest, Christian Somaza, a dedicated wholesaler from Fort Lauderdale, Florida, landed a staggering $69,000 in profit with a single deal – and he's here to share how he did it. Christian takes us through his real estate journey, from his humble beginnings to the strategies that led him to this massive payday. If you're ready to unlock your next big win in real estate be sure to join Brent's TTP training program. ---------Show notes:(0:55) Beginning of today's episode(7:42) Why did Christian choose real estate?(12:35) How does he organize his leads?(20:01) How was he able to pull his list? (22:56) The four pillars of prequalification(25:55) A $69K deal breakdown----------Resources:MLS Mojo DialerTTP DataBatch Skip TracingFollow Chris on Instagram hereTo speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the TribeGo to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space. Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.It's 100% free to join. The opportunities in this community are endless, what are you waiting for?

Heather du Plessis-Allan Drive
Jamie Mackay: The Country host on Fonterra posting a stronger-than-expected net profit

Heather du Plessis-Allan Drive

Play Episode Listen Later Sep 26, 2024 4:00


Kiwi dairy farmers can breathe a sigh of relief following Fonterra's successful results. The dairy giant posted a $1.1 billion dollar net profit and confirmed a 55 cent total dividend for the past financial year. The Country's Jamie Mackay explains what this news means for the wider dairy sector. LISTEN ABOVE    See omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Miles Hurrell: Fonterra CEO on the company's $1.1 billion net profit

Heather du Plessis-Allan Drive

Play Episode Listen Later Sep 25, 2024 4:52


Things are looking on the up for the dairy sector. Fonterra is returning a total dividend of 55 cents a share for the past financial year, off the back of a strong $1.1 billion net profit. It's also raising its forecast milk payout midpoint this season, from $8.50 to $9.00. CEO Miles Hurrell says demand from China's picking up, and data received overnight suggests that trend is continuing. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Mike Hosking Breakfast
Rod Duke: Briscoe Group Managing Director on the company's net profit of $33m in the half year to July

The Mike Hosking Breakfast

Play Episode Listen Later Sep 11, 2024 4:53


Briscoes' endless sales are continuing to pay off.  The group, which also includes Rebel Sport, made a net profit of $33 million in the half year to July.  Their success stems from their long-time merchandise proposition of getting famous brand names and putting them out at the right price, the group's Managing Director says.  Rod Duke told Mike Hosking that the proposition just seems to resonate with customers.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

Startup Gems
How to Start a Laundromat with 40% Net Profit Margins. Ep #058

Startup Gems

Play Episode Listen Later Aug 28, 2024 52:36


I sat down with Tyler Purcell, known as the "Laundry Guy" on Twitter. Tyler owns four laundromats in Ohio, pulling in a remarkable 40% profit margin. We discuss how he manages to balance running a wealth management firm and operating these highly profitable laundromats. Tyler also talks about the strategies he uses to outperform competitors and explains why laundromats are such a lucrative business. Timestamps below. Enjoy!---Watch this on YouTube instead here: tkopod.co/p-ytAsk me a question on or off the show here: http://tkopod.co/p-askLearn more about me: http://tkopod.co/p-cjkLearn about my company: http://tkopod.co/p-cofFollow me on Twitter here: http://tkopod.co/p-xFree weekly business ideas newsletter: http://tkopod.co/p-nlShare this podcast: http://tkopod.co/p-allScrape small business data: http://tkopod.co/p-os---00:35 Meet Tyler Purcell: Financial Planner and Laundromat Owner01:58 The Journey into the Laundromat Business02:54 Understanding the Laundromat Industry05:50 Challenges and Strategies in the Laundromat Business16:44 Grand Opening Strategies and Community Impact26:00 Challenges in Tracking Customer Data26:40 Payment Preferences and Cash Handling27:18 Security Measures and Crime Prevention29:25 Marketing Campaigns and Customer Acquisition30:31 Customer Spending and Visit Frequency32:09 Weekend Capacity and Discount Strategies36:38 Expansion Plans and Location Selection40:48 Commercial vs. Residential Laundry Services42:02 Challenges in Residential Pickup and Delivery49:22 Innovations and Future Opportunities51:40 Conclusion and Contact Information

Heather du Plessis-Allan Drive
Steve Jurkovich: Kiwibank CEO on the bank's 15 percent rise in net profit

Heather du Plessis-Allan Drive

Play Episode Listen Later Aug 22, 2024 5:13


Kiwibank's net profit increased 15 percent - and it says it is fulfilling its role as a disruptor. The state-owned bank brought in $202 million and grew its lending book by 9.3 percent to $32.4 billion in the 12 months to June 30. Deposits also increased $2.4 billion, or 9.4 percent, to $28.2 billion. CEO Steve Jurkovich says the bank has commited to supporting people as best as it can. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Practical Islamic Finance Podcast
Easy and Hard Ways to Make Money

The Practical Islamic Finance Podcast

Play Episode Listen Later Aug 20, 2024 20:50 Transcription Available


► If you enjoyed the episode, please leave us a good review!► More from PIF: https://linktr.ee/practicalislamicfinanceEasy and Hard Ways to Make MoneyIn this episode we will cover:Bitcoin Update Membership Benefits Overview Gold vs. Bitcoin Comparison 60-40 Portfolio Strategy for Halal Investors Market Insights & September Warning BitMEX CEO's Prediction on Bitcoin Reflecting on Missing Bitcoin Opportunities Easy vs. Hard Ways to Make Money XPeng Earnings Analysis & EV Market Challenges Gross Profit vs. Net Profit in EV Companies The Struggles of EV Companies (Except Tesla) Dogecoin and Crypto Liquidity Expectations Thoughts on Chinese EV Tariffs Advice on Buying Cars and Investment Strategies Layer One Cryptocurrencies & Value Creation Short Selling in a Halal Way  Q&A Session CONTACT USsalam@practicalislamicfinance.comABOUT OUR PODCASTOur podcast is about helping people ethically build wealth. We cover a broad range of topics including stock and crypto investing, product reviews, and general financial well-being.DISCLAIMERAnything you hear in this video is an opinion. It is not personalized financial advice. Make sure you do your due diligence before making any investment decisions.

Heather du Plessis-Allan Drive
Vince Hawksworth: Mercury Energy CEO on the company reporting a 159 percent annual net profit increase

Heather du Plessis-Allan Drive

Play Episode Listen Later Aug 20, 2024 6:06


Mercury Energy has lifted its net profit by 159 percent in the June year to $290 million. The company's earnings before interest, tax, depreciation, amortisation and financial instruments came to $877m, up 4 percent on the previous year. Mercury CEO Vince Hawksworth has pushed back against accusations of profiteering from Minister Shane Jones. "If you look at today's result, and yes, it was a very good result - on the back of quite a bit of new investment in our business." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Bitesize Business Breakfast Podcast
RAKBANK post record net profit in first half of this year.

Bitesize Business Breakfast Podcast

Play Episode Listen Later Jul 30, 2024 36:01


30 Jul 2024. We go straight to the source on that RAKBank story with CEO Raheel Ahmed who joins us live in studio. Plus, we get the inside story of Dubai's 9% jump in tourists with Hoor Alkhaja from Dubai Tourism headquarters. And, we talk to one fitness hotel that's taking wellness tech to the next level. See omnystudio.com/listener for privacy information.

WSJ Minute Briefing
Tesla Net Profit Falls for Second Straight Quarter

WSJ Minute Briefing

Play Episode Listen Later Jul 23, 2024 2:29


Plus: General Motors shares fall after the automaker delays plans for a Buick EV and pushes back the opening of an EV truck factory. After the bell, Google parent Alphabet reports quarterly ad sales grew at a slower pace than the previous quarter. J.R. Whalen reports. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Invest In Yourself: The Digital Entrepreneur Podcast
Mastering Real Estate with Creative Financing: Chris Prefontaine's Story

Invest In Yourself: The Digital Entrepreneur Podcast

Play Episode Listen Later Jul 10, 2024 31:06


Join host Phil Better as he sits down with seasoned real estate professional Chris Prefontaine on this game-changing episode of "Invest In Yourself: the Digital Entrepreneur Podcast." With over 33 years of industry experience, Chris is the chairman and founder of Smart Real Estate Coaching and a 4-time best-selling author. In this episode, Chris reveals his strategic shift to creative financing post-2008 crash, avoiding traditional banking pitfalls, and bagging remarkable deals that netted impressive profits. Discover how Chris's innovative real estate strategies have empowered individuals to transition from conventional jobs to lucrative real estate investments. Learn the advantages of skipping big institutions, the importance of self-investment, and staying ahead with evolving market trends. Plus, get access to free resources and practical advice for first-time homebuyers and millennials. Tune in to be inspired and take actionable steps toward financial freedom in real estate! **Listen now and ignite your real estate journey:**

The Dental Student Podcast
076: How to Manage Your Practice Finances with Cathy Jugovic Consulting

The Dental Student Podcast

Play Episode Listen Later Jun 17, 2024 40:12


Are you struggling to manage your practice finances? Or just need a starting point on how to manage your practice finances? We've got you covered! We're diving deep into the financial essentials every practice owner needs to know. ✅Podcast Breakdown:

FULL COMP: The Voice of the Restaurant Industry Revolution
How to Scale to a 15% Net Profit in 5 Days

FULL COMP: The Voice of the Restaurant Industry Revolution

Play Episode Listen Later Apr 7, 2024 2:16


You probably listen to this show,  hear the success stories, and wonder, "Could that be me?"Yes, it absolutely can be you.I'm inviting you to join me for the FREE 5-Day Restaurant Profitability Challenge, beginning April 22nd to unlock the simplest path to scaling your restaurant's profitability.This is for every restaurateur who's tired of being overwhelmed and earning less than they deserve.Here's a breakdown of what each day has in store: DAY 1 we'll cover the 3 Keys to Scaling Profitability DAY 2 we're Mastering Margins DAY 3 we Scale Income DAY 4 we Diversify Revenue Streams ⁠DAY 5 we open the floodgates by Scale Awareness & Customer Frequency Each session is just 40 minutes a day—they're actionable and will transform your business.I know the breakthroughs that come when you push past the frustration and overwhelm that's why I'm packing 5 days with training, live coaching, and accountability to guide you from day one to five.This FREE challenge is your chance to finally create the life and business you've been dreaming about.Some folks need an incentive to act, so here's yours…I'm giving away over $4,000 worth of free software to help you scale your profitability.Secure your spot by clicking here and let's embark on this transformative journey together.

The Dropship Podcast
281. What Should I Focus On To Hit $6k/Month Net Profit?

The Dropship Podcast

Play Episode Listen Later Mar 21, 2024 45:32


Jon with you for this episode, today we're going solo to deep dive into the strategies for hitting a golden milestone for any entrepreneur—a net profit of $6,000 a month. We've all felt the overwhelm that comes after launching a business: What strategy to follow? How to manage our time? And most importantly, how to make sales? In this episode, we're breaking it down with a detailed case study, showing that you need to move just eight units of a specific high-ticket product to reach that $6,000 monthly net profit. I'll guide you through prioritizing the right strategies and where you're going to get the best bang for your buck early on. Links Mentioned ⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/5⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Wondering what products you'll sell? Take our 5 day challenge and find the market you're going to serve ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/join⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  — Join the course and start your journey today! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Call⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Thinking about joining the course? Book a no obligation call with Jon and he'll walk you through it! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/message⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Want your question answered on the show?  Leave us a voicemail for your chance to be featured ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Join Our FREE Facebook Group⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow DropshipBreakthru on Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Subscribe to the Dropship Breakthru ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YouTube Channel⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on TikTok⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Sponsors ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Clearsale⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  — Add this app to your business and never worry about fraud  chargebacks again. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Shopify⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — The only Ecommerce platform we recommend. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Grasshopper⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Get an 800 number for your business from Grasshopper ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/Rewind⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ — Automatically back up your Shopify store data ⁠⁠⁠⁠⁠⁠DropshipBreakthru.com/PrimedMind⁠⁠⁠⁠⁠⁠⁠⁠ — Get coached by the #1 Mindset Coach in the world, Elliot Roe --- Send in a voice message: https://podcasters.spotify.com/pod/show/dropship-podcast/message

The Successful Contractor Podcast
Searching for a Path: How Full Spectrum Plumbing in Rock Hill, SC, Grew from a Start-Up to $2+MM at 20+% Net Profit in a Few Years

The Successful Contractor Podcast

Play Episode Listen Later Mar 8, 2024 70:47


There's an exciting group of young contractors making their names in our industry, and Thomas Munn is certainly one of them.  He started his plumbing company, Full Spectrum Plumbing, in 2018.  The Rock Hill, SC, contractor didn't take an unplanned leap into entrepreneurship; instead, Thomas planned for years, seeking out information everywhere. Eventually Thomas found the pathway he'd been searching for when he joined CertainPath. Full Spectrum Plumbing started with zero dollars in 2018.  Last year, it finished 2023 at $2.1MM in sales with four trucks.  Thomas believes they can grow to seven trucks and $2.6MM in sales by the end of 2024.  Most impressive, Full Spectrum Plumbing has always been 18-23% net profitable. Thomas' success speaks for itself, but it's his willingness to evolve that's even more compelling.  In this interview, Thomas outlines all he's changed to Full Spectrum Plumbing since joining CertainPath in late 2022, including…·        Learning early on the value of 5-Star Google reviews and how they impact SEO when initially looking for calls as a start-up.·        Quickly changing his financials to match the CertainPath model and holding his bookkeepers accountable to following it.·        Adopting the StraightForward Pricing guide, even though his techs still use a CRM, to differentiate from competitors.·        Training his technicians to slow down, create options, and build value.·        Taking a comprehensive and creative approach to his marketing by utilizing a variety of mediums from digital to guerilla to highly strategic and creative print campaigns.·        Understanding the value of hiring carefully and growing your own plumbers.·        And so much more! Show NotesThe Successful Contractor Podcast is a part of the CertainPath family.  CertainPath builds successful home service businesses—and has for 25 years.  We do it by providing contractors with a proven path to success, professional coaching, software solutions, and a member community of 1,100+ strong. Doubling your sales, with a 20% net profit, and an inspiring company culture is ALL possible.  Let us show you the way.  With CertainPath, Success is Made Certain. Visit www.mycertainpath.com for more information.  FOLLOW CERTAINPATH:Facebook: https://www.facebook.com/CertainPathLinkedin: https://www.linkedin.com/company/certainpathInstagram: https://www.instagram.com/certainpath/ Thank you to our sponsors:Zoeller.  Zoeller Pump Company's Aquanot® Fit 508 battery backup system offers an economical option for homeowners in need of dependable protection from basement flooding. The Aquanot® Fit 508 DC sump pump works alongside Zoeller submersible or pedestal pumps to provide up to 6 hours of continuous high-performance pumping when the primary pump either can't keep up, or power is interrupted. What really sets the Aquanot® Fit apart from any other system is its free connectivity with the Z Control® Cloud, allowing users to receive alerts and remotely connect to the system to test, silence, and configure. For more info on the Aquanot Fit and other water and wastewater solutions, visit zoellerpumps.com.  PulseM & Customer Lobby.  As a valued CertainPath member, you're well aware that the recipe for success lies in the relationships you cultivate with your customers. We understand that nurturing these relationships can be a demanding task, especially when you're immersed in the day-to-day operations of running a business – it can even become draining. But, fear not! pulseM and Customer Lobby are here to save the day. After seamlessly integrating pulseM's industry leading reputation management capabilities with Customer Lobby's robust retention platform, you won't know how you lived without them before! Whether you're focused on gathering online reviews or orchestrating targeted and timely postcards, emails, and text messages, pulseM and Customer Lobby come together to make the process of creating value at every customer touchpoint effortless. We've played a key role in helping countless CertainPath members, just like you, not only snag business but keep it for the long haul. If you're ready to build relationships that turn your customers into your biggest fans, ensuring they come back time and time again, pulseM and Customer Lobby are the secret weapons you've been waiting for. Discover our platform's capabilities with a free demo: https://get.pulsem.me/pm-plus-certainpath. Start enhancing your customer relationships today!  ShuBee. Avoid costly clean ups on the job site with ShuBee's high-quality shoe covers, gloves, coveralls, and surface protection products. ShuBee products are specifically designed for home service professionals to keep your work environment clean and showcase your professionalism. Made from strong, durable materials that won't rip or tear, our products ensure maximum protection. We know that your time is valuable, and that's why we make it our mission to provide you with the tools you need to get the job done quickly and efficiently. Keeping your client's homes and floors clean can be a hassle. Try ShuBee today and avoid the hassle. Use code CP10 to get 10% off all ShuBee products. Visit shubee.com, that's s-h-u-b-e-e.com, to check out our great products. 

Franchising 101
Franchising 101 - Money and The Net Profit Fallacy - Episode 178

Franchising 101

Play Episode Listen Later Feb 1, 2024 21:05


In this episode of FranCoach's Franchising 101 Podcast, Tim Parmeter addresses the much requested topic of money and how it relates to franchise ownership. Tim's experience as a franchising coach has shown time and time again that finding a franchise that aligns with your skills and interests is more important than chasing profits. Tim also explains the misleading nature of net profit and the importance of considering the cost of running a franchise when evaluating its financial viability. Tune in for more valuable insights and practical tips to help you make informed decisions about franchise ownership.  Want to know more? Go ahead: Schedule a call with one of our franchise coaches! Links and resources mentioned in this episode:  Schedule a call https://meetings.hubspot.com/tim17  Franchising 101 podcast website with a library of past episodes http://franchising101.net/  Reshift Media's Brand Amplifier https://www.brandamplifier.io/  Visit Entreprenuer.com for a wealth of information for people just like you! https://www.entrepreneur.com/   NEW Franchising News site https://www.franchisingnews.net/  Interested in franchise ownership? Schedule a call with one of our coaches today! FranCoach is connected with over 500 franchises and we walk you through the process of finding the perfect franchise for you. Our services are always free and we commit ourselves to helping you find your better tomorrow. If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds and it really makes a difference in getting our message out to more people who can use it. Sign up for our email newsletter at FranCoach.net Interested in sponsoring the podcast? Contact us at info@francoach.net Follow FranCoach: Twitter: twitter.com/FranCoach4U Facebook: facebook.com/francoach4u/ YouTube: youtube.com/channel/UC1GtG31hWoecEONdScIJOsQ