Podcasts about profit margins

We'd love to hear from you. What are your thoughts and questions?In this episode of Streams to Impact, Dr. Allen Lomax interviews Kelvin Bell, a distinguished toastmaster, investor, and business strategist. They discuss Kelvin's journey into entrepreneurship, key strategies for enhancing business valuation, innovative sales approaches, and effective profit margin strategies. Kelvin shares insights on navigating mergers and acquisitions, the consulting business model, and the importance of exit planning for small business owners. The conversation emphasizes the need for strategic planning and the potential for significant growth through thoughtful business practices.Main Points: Business owners often overlook exit strategies until it's too late.Retaining existing customers is more cost-effective than acquiring new ones.A well-structured management team is crucial for business valuation.Profit margins can be increased by adjusting pricing strategies.Mergers and acquisitions can double business size but require careful planning.Consulting for equity aligns the consultant's success with the business's growth.Standard operating procedures can alleviate the burden on business owners.Exit readiness is essential for maximizing business valuation.Transformational consulting can provide significant ROI for businesses.Quiet reflection can be a powerful tool for introverted entrepreneurs.Main Points: TopValue15.com GrowYourBusinessNow.infohttps://www.instagram.com/drkelvinbell/https://www.linkedin.com/in/kelvin-bell-investor/https://www.facebook.com/kelvin.bell.31945

We are back with part two of my conversation with Jessica Totillo Coster, covering the State of the Product Industry survey. You can listen to part 1 by heading to prooftoproduct.com/394.  During part two of my interview with Jessica, we cover how product-based businesses are making money in their businesses, including the percentages of those that are selling wholesale vs retail vs licensing. We talk about how many revenue streams product business owners have, their gross revenue versus net revenue, what people are actually paying themselves, and the importance of paying yourself. Friends, if you are not paying yourself, you should. We have a podcast episode that helps you figure out how to start paying yourself.  We also discuss Jessica and I's thoughts on burnout in the industry, just generally as a whole, but also how to handle balancing real-life struggles while running a business.  I really appreciate Jessica taking the time to sit down with me to talk through this. She was a huge help as I was crunching the data and assessing the numbers. I do think this survey and the data will help all of us grow stronger businesses together. You can get the full results of the survey at prooftoproduct.com/2025survey. Today's episode is brought to you by our Is Wholesale Right for You private podcast! This free 12-part audio series will help you decide whether wholesale is a good next step for your specific business. After listening to this audio series (in less than an hour), two things will be true. You'll know whether you want to pursue wholesale for your product business, and you'll have the confidence and action steps to get started with wholesale. Sign up for the private podcast today! SIGN UP You can view full show notes and more at http://prooftoproduct.com/395  Quick Links: Free Wholesale Audio Series Free Resources Library Free Email Marketing for Product Makers PTP LABS Paper Camp  

Supercharge your analysis with AI! Get 15% of your membership with our special link here: https://finchat.io/csi/Join us on Discord with Semiconductor Insider, 25% off an annual membership through May 15! Get clarity when other investors panic. https://ko-fi.com/chipstockinvestor/link/MARKETMELTDOWN25In this episode of Chip Stock Investor, Kasey and Nick revisit AMD's performance in the most recent quarter to evaluate whether it's finally time to buy AMD stock. The story all along has been about increasing profit margins. Has AMD finally done it?Sign Up For Our Newsletter: https://mailchi.mp/b1228c12f284/sign-up-landing-page-short-formJoin us on Discord with Semiconductor Insider: https://ko-fi.com/chipstockinvestor/tiersSafeguard your personal information with Aura's monitoring service – try it free for two weeks and see where your data might be lurking: https://aura.com/chipstockinvestor

Top-performing IT solution providers are experiencing record profitability, achieving over 19% adjusted profit margins for the fifth consecutive year, despite a slowdown in revenue growth. The latest report from Service Leadership indicates that while managed service providers (MSPs) saw revenue growth of only 7.1% in 2024, their adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) grew at a more robust rate of 13%. This trend highlights the importance of operational maturity and cost control as key drivers of profitability in the industry, suggesting that MSPs should focus on enhancing their operational processes rather than solely pursuing top-line growth.The podcast also discusses the rising use of artificial intelligence (AI) tools among office workers, with nearly half utilizing tools not provided by their employers. This covert usage raises concerns about data privacy and compliance with company policies. A report from Ivanti reveals that 42% of employees are using AI in their daily tasks, a significant increase from the previous year. The discussion emphasizes the need for organizations to prioritize data quality and governance, as the responsibility for data modeling shifts to operational layers where real-time decisions are made.Google is making significant changes to its search engine, introducing an AI Mode Search Engine tool that will provide AI-generated responses instead of traditional links. This shift could fundamentally alter how users access information, posing challenges for IT service providers and content creators who rely on traditional SEO strategies. The integration of AI into search engines raises questions about the future of content discovery and the potential erosion of Google's dominance as the default search engine, especially with Apple considering AI-driven search options for its Safari browser.Arctic Wolf has announced an increase in its security operations warranty to $3 million, the largest in the industry, aimed at enhancing customer trust and positioning its endpoint security solutions as enterprise-grade. This move reflects a growing trend among vendors to share risk with clients, emphasizing the importance of trust in a competitive market. The podcast concludes by highlighting the need for IT service providers to adapt to these changes, focusing on shared risk and high assurance as key selling points in a rapidly evolving landscape. Four things to know today 00:00 Top IT Providers Maintain 19%+ Profit Margins for Fifth Year as Valuations Soar03:12 As Employees Go Rogue with AI, Poor Data and Bad Prompts Threaten Reliability and Trust07:53 Google's AI Push Redefines Information Discovery—Content Creators and IT Firms Brace for Fallout12:18 With $3M on the Line, Arctic Wolf Turns Warranty into a Sales Weapon Supported by:  https://syncromsp.com/ All our Sponsors: https://businessof.tech/sponsors/ Do you want the show on your podcast app or the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/subscribe/Looking for a link from the stories? The entire script of the show, with links to articles, are posted in each story on https://www.businessof.tech/ Support the show on Patreon: https://patreon.com/mspradio/ Want to be a guest on Business of Tech: Daily 10-Minute IT Services Insights? Send Dave Sobel a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/businessoftech Want our stuff? Cool Merch? Wear “Why Do We Care?” - Visit https://mspradio.myspreadshop.com Follow us on:LinkedIn: https://www.linkedin.com/company/28908079/YouTube: https://youtube.com/mspradio/Facebook: https://www.facebook.com/mspradionews/Instagram: https://www.instagram.com/mspradio/TikTok: https://www.tiktok.com/@businessoftechBluesky: https://bsky.app/profile/businessof.tech

In this episode, Robert Mandelbaum, Research Director at CBRE Hotels, shares insights on the shift towards profitability in the hospitality industry, the challenges faced by operators, and strategies for maximizing profits.Also see: Meet Robert Mandelbaum: The Man Who Turns P&Ls into PlaybooksUnderstand Your P&L to Boost Profits and Accelerate Your Career A few more resources: If you're new to Hospitality Daily, start here. You can send me a message here with questions, comments, or guest suggestions If you want to get my summary and actionable insights from each episode delivered to your inbox each day, subscribe here for free. Follow Hospitality Daily and join the conversation on YouTube, LinkedIn, and Instagram. If you want to advertise on Hospitality Daily, here are the ways we can work together. If you found this episode interesting or helpful, send it to someone on your team so you can turn the ideas into action and benefit your business and the people you serve! Music for this show is produced by Clay Bassford of Bespoke Sound: Music Identity Design for Hospitality Brands

The Rich Zeoli Show- Hour 3: 5:00pm- On Wednesday, President Donald Trump held a press conference announcing financial investments in America from companies like Amazon, IBM, Nvidia, Johnson & Johnson, and Eli Lilly & Company. In total, the Trump Administration estimates that the investments in “America's future” amount to over $5 trillion in his first 100 days in office—with the creation of “more than 451,000 new jobs.” 5:30pm- “Shark Tank” star Kevin O'Leary hilariously explained that socialist Rep. Alexandria Ocasio Cortez is really a capitalist—pointing out her “Tax the Rich” t-shirts which she makes an “82% margin on.”

Subscribe to the ECB newsletter: https://newsletter.ecommercecoffeebreak.com/ ---In this solo episode, Claus Lauter takes you through his e-commerce and podcasting journey. With 20 years of experience in digital marketing, he discusses founding a SaaS startup and running a seven-figure Shopify store. Claus dives into the origins and evolution of his podcast, its current success, and explains why podcasting is a powerful tool for businesses—despite the long-term commitment it demands.Topics discussed in this episode: Why podcasting helps DTC brands build stronger customer ties. How low eCommerce margins risk your business without income diversity. Why podcasting beats social media for lasting engagement. Why even top eCommerce brands face cash-flow issues. How content creation yields better margins than online stores. Why merchants should prioritize profit over revenue. What true consistency means in building a content brand. Links & Resources Website: https://ecommercecoffeebreak.com/ LinkedIn: https://www.linkedin.com/company/ecommerce-coffee-break-podcast/ X/Twitter: https://twitter.com/ecomcoffeebreak Instagram: https://www.instagram.com/ecommercecoffeebreak/ Get access to more free resources by visiting the show notes athttps://tinyurl.com/2sh92ykhSUPPORT OUR SPONSORTry Brevo for free or use code ECB for 50% off Starter & Business Plans (first 3 months, annual plan).

Welcome to another episode of Digital Coffee: Marketing Brew! In today's show, host Brett Deister sits down with Neil, CEO and cofounder of Voltage Holding Company, to dive deep into the fast-moving world of Amazon FBA and e-commerce growth. With more than fifteen years of experience building, launching, and acquiring brands, Neil shares his invaluable insights on how businesses can thrive on Amazon by avoiding common mistakes, building strong brands, and navigating the ever-changing challenges of logistics and profitability.Get ready to learn why standing out in a competitive marketplace is about much more than price, how the right mindset and patience are key to building lasting success, and what the future holds as AI transforms the way sellers connect with customers. Whether you're just starting out on Amazon or looking to elevate your business to the next level, this episode is packed with tactical advice, firsthand stories, and the trends every seller needs to watch. So grab your coffee, settle in, and join us as we explore what it really takes to succeed on Amazon—and beyond!Guest Bio:Neil grew up in Oregon's Rogue Valley, a place he remembers as the birthplace of drive-through coffee kiosks—like the now-famous Dutch Bros. He's witnessed firsthand how these roadside stands sparked a national love affair with coffee, a trend that rapidly spread over the last few decades. Despite America's growing coffee craze, Neil enjoys sharing a calming ritual with his wife every evening: sipping a turmeric-blend tea together for its anti-inflammatory benefits and a bit of daily connection.3 Fun Facts:Neil grew up in Oregon, where the first coffee drive-thru kiosks appeared, and his family hosts full-scale tea parties with vintage china and treats.Neil prefers to only sell products on Amazon with at least $12 in net profit per unit, often focusing on higher-ticket items like $200 audiophile cables instead of low-margin, high-volume commodities.Neil predicts that Amazon's upcoming AI tech, called "Cosmo," will fundamentally change product discovery from keyword-based to intention-based, making it even more important for sellers to have high-quality, well-optimized listings.Key Themes:Strategies for Amazon FBA profitabilityImportance of brand building and trustNavigating shipping and logistics challengesAdapting to AI and automation trendsThe value of patience and perseveranceLeveraging omnichannel ecommerce approachesOptimizing listings through strong visuals/copy

In this episode of the YouTube Creators Hub podcast, Dusty Porter interviews Molly Keyser, an online educator who has successfully grown her YouTube channel from 10 to 70,000 subscribers in just a year. Molly shares her journey of transitioning from a photography business to creating digital products and leveraging YouTube for growth. She discusses her strategies for content creation, monetization methods, and the importance of community engagement in her membership program. Molly emphasizes the significance of outsourcing and how to effectively manage a growing business while maintaining a focus on quality and value for her audience. In this engaging conversation, Molly Keyser shares her insights on content creation, audience engagement, and the evolving landscape of digital products. She emphasizes the importance of consistency in posting, the challenges creators face, and how to maintain motivation during growth stalls. Additionally, Molly discusses the role of AI tools in streamlining content creation and reflects on her personal journey as a creator. What We Offer Creators Join Creator Communities. A place to gather with other creators every single day. This provides access to Our Private Discord Server, Monthly Mastermind Group, and MORE!  Hire Dusty To Be Your YouTube Coach Subscribe to our weekly newsletter: Each week I document what I'm doing in my business and creative journey, share new things I've discovered, mistakes I've made, and much more!

Home sellers are still making big profits, but the margins are slipping. In this episode, we break down ATTOM's Q1 2025 U.S. Home Sales Report, revealing where profits are shrinking fastest, which markets are bucking the trend, and how long sellers are waiting to cash out. Plus, we explore rising cash sales, investor activity, and what the data says about a softening but still-strong housing market. Read the full report here: https://www.attomdata.com/news/market-trends/home-sales-prices/q1-2025-home-sales-report/ Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Points of Interest1:02 – 1:38 – Intro: Marcel introduces the session as a condensed version of his All-in Agency Summit talk, aimed at equipping agencies with the key levers to diagnose and improve profitability.3:05 – 3:18 – 80/20 Profitability Focus: The goal is to give agencies 20% of the knowledge that provides 80% of the insight needed to take control of profitability, regardless of market conditions.4:28 – 6:27 – The Growth Trap Cycle: Agencies often get stuck in a cycle of hiring during growth, losing profitability, scaling again, and repeatedly encountering the same financial challenges at larger scales.6:42 – 7:01 – Identifying the Real Problem: Founders are urged to identify whether their agency's issue is inefficient delivery (indigestion) or lack of revenue (starvation) to avoid insolvency.9:01 – 10:06 – Financial Metrics Foundation: Understanding core financial metrics—especially agency gross income (AGI)—is essential to making better business decisions beyond tax reporting.14:24 – 18:05 – Delivery Margin as the Core Metric: Agencies should aim for delivery costs to stay under 50% of AGI, enabling better spending on overhead and stronger profitability.21:44 – 26:44 – Lever 1: Average Cost Per Hour: Lowering the average cost of labor through delegation and improved processes helps reduce delivery costs and increase profitability.28:03 – 31:55 – Lever 2: Average Billable Rate (ABR): Maximizing revenue per hour of delivery time, regardless of billing model, improves margins—either by pricing higher or working more efficiently.34:17 – 38:24 – Lever 3: Utilization Rate: Utilization measures how much team capacity is spent on client work; improving it by selling more work or adjusting staff size directly affects profitability.42:01 – 44:45 – Utilization Benchmarks: Weekly and annual utilization targets vary by role; producers should aim for 75%+ weekly, and teams should average 50–65% annually including all roles.45:27 – 49:26 – Impact of Levers on Profit: A case study illustrates how modest gains in utilization and ABR can shift profit margins from 10% to 40%, increasing valuation by up to 500% without hiring or cutting overhead.Show NotesAll-in Agency SummitChris Dubois & Dynamic Agency OSFree Agency Profit ToolkitFree access to our Model PlatformParakeeto Foundations CourseLove the PodcastLeave us a review here.

Being good with money isn't about being stingy or sacrificing creativity—it's about creating a business that sustains you. Financially savvy designers understand that a profitable business gives them more freedom to be creative, not less.I hope you enjoy the episodeBeth xxI share a story about working with a designer who had been charging about $180 an hour for years without analysing how that hourly rate compared to her take-home pay or business costs. After working backward from ideal income and factoring in overheads, we discovered she needed to charge $220-250 per hour just to break even.Know Your NumbersWhat sets financially savvy designers apart?• Know exactly how much they need to earn each month (profit, not just revenue)• Price their services based on data, not emotion• Understand their margins on products and services• Say no to projects that don't serve their bigger goalsWhen you know your numbers, you will stop doubting yourself, overthinking quotes, or apologizing for your rates. This data-driven confidence is something clients can feel—and that builds trust.The Truth About "Charging What You're Worth"While "charge what you're worth" sounds empowering, I point out that it's actually vague and subjective. Financially savvy designers build their pricing around reality:• Their desired income• Hours available to work• Business expenses• The true cost of delivering servicesTrade Pricing TransparencyMany designers either pass all trade pricing to clients (missing margin opportunities) or mark up randomly and feel uncomfortable about it. I recommend a more savvy approach:• Be transparent from the start• Clearly explain your trade pricing policy in all client documents• Communicate the value your markup covers (sourcing, logistics, warranty management)Making Financial Review a HabitFinancial savvy isn't a one-time thing—it's a mindset and habit.• Set time each month to review your numbers• Know which services are most profitable• Be willing to say no to underquoting• Refuse to stay stuck in survival modeThe most profitable studios I see are not the flashiest. They're the most intentional. They know what they're aiming for and they have systems that support that.This episode is perfect for interior designers who want to build businesses that are not just creatively fulfilling but financially sustainable. Whether you're just starting out or looking to improve your studio's profitability, these practical insights will help you make more intentional financial decisions. Want to work together? Here are the ways I can help you in your business. 1.Sign up to our MAILING LIST where each month you will receive helpful business tips straight to your inbox 2. Start a HEALTH CHECK today. We will work together for 8 weeks and improve your systems and processes.I only have 8 spots available every month. 3. Start my course THE PROCESS so you know exactly what to do when in your interior design studio. 4. Have a look at THE RESOURCE STOCKROOM - this is where you will find our short courses and free resources to help you run a better interior design studio 5. Want to use our tool MTTD in your studio? Start your FREE 30 DAY TRIAL today.

Profit margins - they're the bit that keeps the business ticking over after the dust has settled and the job's done. But how much are trades actually making? Is it 10%, 20%, 30%… or are rising costs and tight budgets squeezing it even lower? Today, we talked money - specifically, what profit margin do you aim for on each job, and is it realistic in the current climate? From pricing up to getting paid, we want to know how you keep things profitable without pricing yourself out of the market. Danny Madden and Steph Leese - the Pink Plasterer - joined us to tell us what sort of margin they make. Plus there's also the pub lunch quiz for your chance to grab yourself 6 points as well as the very best messages that we received!

What if cutting 40% of your client base was actually a catalyst for business growth? It sounds backwards, but that's the bold move Stephanie Skryzowski made — and it paid off big time. After selling off the small business arm of her financial strategy & bookkeeping firm, 100 Degrees Consulting, Stephanie saw a 73% revenue jump and a 376% increase in profit margin in just one year. In this case study, we unpack why Stephanie sold off a misaligned division of her business and how she structured the deal. If you've ever wondered what it looks like to sell a part of your business — or whether you should — Stephanie's strategic decision proves it's not an all-or-nothing scenario when it comes to exiting your business. Connect with Stephanie: https://www.dogoodandprosper.com https://100degreesconsulting.com/ IG: @stephanie.skry Our business sale an reacquisition episode with Cathryn Lavery: https://link.chtbl.com/w003DwtT Iconic business leaders all have their own unique genius. Take this quick 10 question quiz to uncover your specific CEO style advantage: https://cubicletoceo.co/quiz If you enjoyed today's episode, please: Post a screenshot & key takeaway on your IG story and tag me @missellenyin & @cubicletoceo so we can repost you. Leave a positive review or rating at www.ratethispodcast.com/cubicletoceo Subscribe for new episodes every Monday. Learn more about your ad choices. Visit megaphone.fm/adchoices

Our guest this week is Vincent Montemaggiore. Vince is a portfolio manager at Fidelity where he manages the Overseas Fund. The strategy is highly regarded by Morningstar's manager research team. Prior to taking over Fidelity Overseas in 2012, Vince ran Fidelity Select Banking from June 2008. He joined Fidelity as an equity analyst in 2004. Vince has a bachelor's from the University of Pennsylvania and an MBA from Columbia Business School. Vince, welcome to The Long View.BackgroundBioFidelity Series Overseas FSOSXGlobal Outlook“2025 Global Investing Outlook: Unsettling International Headlines Are Creating Opportunities for US Investors,” fidelity.com, Jan. 6, 2025.“Trump Tariffs and Investors: What They Mean for Inflation, Stocks, and the Economy,” fidelity.com, April 9, 2025.GRANOLAS Stocks Mentioned“Europe's Magnificent 7 Stocks Are Profitable—And Cheaper,” by Jocelyn Jovene, morningstar.co.uk, Feb. 19, 2024.GSKRocheASMLNestleNovartisSAPAI and Companies MentionedRELXLSEG and Microsoft PartnershipOtherHitachiTokio MarineBill KennedySammy SimnegarJed Weiss

Send us a textMaster business finance for free with 100+ video lessons—no gimmicks, no hooks, just valuable knowledge: https://www.byfiq.com/What is a good profit margin for a small business? In this episode of Boosting Your Financial IQ, Steve unpacks the truth behind profit margins—what they really mean, why they vary across industries, and how to know if your business is healthy.With practical examples, real stories, and actionable strategies, Steve helps you move beyond just chasing revenue to building a business that consistently creates profit by design. Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.Want to see if you're a fit for our KPI Kickoff? Check it out here: https://www.coltivar.com/boost Support the show

Matt and his business partner, Tim Hill, dive deep into the realities of profitability in the construction industry. Recorded in the brand-new Risinger Build studio, Matt & Tim share a candid conversation about the challenges general contractors, home builders, and remodelers face when it comes to profit margins, client expectations, and project planning. Despite the common misconception that builders are highly profitable, they reveal that average net profits hover around just 5–6%. This low margin—combined with high risk—requires smart planning, detailed pre-construction processes, and disciplined financial management to ensure long-term sustainability.Matt and Tim stress the importance of transparency in pricing and standing firm on realistic budgets, even if it risks losing a job. They warn against chasing "portfolio projects" that look good on paper but lead to financial losses and client frustration. A major theme is the need for builders to carefully align with clients, architects, and budgets before contracts are signed to avoid scope creep and misaligned expectations.Not only do Matt & Tim discuss the “what” and the “why” of profit margins but also share the “how” to manage profit and loss statements effectively, including separating direct costs, indirect costs, and overhead.Thank you to episode sponsor Arclin! Learn more about their brand-new product, Firepoint: https://firepoint.arclin.com/.Find Tim on the Web:Website: https://risingerbuild.com/Instagram: @risingerbuild_atx & @tim_risingerbuildFind Matt and The Build Show on the web:Build Show Videos: https://buildshownetwork.com/go/mattrisingerInstagram: @risingerbuild and @thebuildshowYouTube channel: https://www.youtube.com/@buildshowWebsite: https://buildshownetwork.com/Save the Date for Build Show LIVE 2025 in Dallas, TX: October 16-18, 2025! Don't miss a single episode of Build Show content. Sign up for our newsletter.

LISTEN TO THIS EPISODE IF YOU HAVE THOUGHT ABOUT OR ALREADY SELL PRODUCTS WHOLESALE & YOU ARE UNSURE IF IT'S FOR YOUIS WHOLESALE REALLY THE RIGHT FIT FOR YOUR BUSINESS?In today's episode, we're taking a deep dive into the world of wholesale and asking the big question: is it really worth it? From artisan markets to selling to boutiques and hotels, wholesale often sounds like the next big step, but it's not for everyone.I'll share:The reality of profit margins and why wholesale might leave you with pennies—or even losses.Why handmade or high-labor products often struggle to scale with wholesale.How wholesale can pull you away from direct-to-consumer sales and bigger growth opportunities.What to watch for with payment terms and cash flow delays like Net 30 or Net 60.You'll learn how to figure out if wholesale is sustainable for your business and discover alternative growth strategies that don't rely on razor-thin margins or overwhelming production demands.Topics We Discuss: Wholesale Sales, Handmade Products, Profit Margins, Business Cash Flow, Sustainable Growth StrategiesJOIN THE SBG FREE COMMUNITY // ⁠CLICK HERE⁠FREE TRAININGS // ⁠CLICK HERE TO BROWSE⁠EXPLORE PROGRAMS & SERVICES// ⁠⁠⁠⁠CLICK HERE⁠⁠⁠⁠APPLY TO WORK WITH ME //⁠⁠⁠⁠CLICK HERE⁠⁠⁠FOLLOW MADI ON INSTAGRAM // ⁠⁠⁠@thisismadisonpaige⁠⁠⁠

Are Hidden Tariff Refunds Sitting in Your Company's Blind Spot? In this explosive episode of Simply Trade, host Annik and duty drawback expert Ariana Cox reveal a game-changing strategy that could save your business significant money amid escalating global trade tensions. With Trump's new 25% automobile tariffs and increasing trade fragmentation, businesses are searching for financial lifelines. Enter duty drawback - a powerful yet often overlooked mechanism for recovering import duties, taxes, and fees.

Send us a textMaster business finance for free with 100+ video lessons—no gimmicks, no hooks, just valuable knowledge: https://www.byfiq.com/Steve reveals the five things financially savvy CEOs focus on (and the common traps they avoid) to build cash-rich, high-growth companies.If you're ready to shift from operator to strategic thinker, this one's for you. Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.Register for our April 8th financial workshop here: https://www.coltivar.com/register-for-byfiq-workshop-apr-8 Support the show

The automotive recycling industry has hit a challenging period, and JC Cahill doesn't sugarcoat it. As he shares with URG On The Go hosts, recyclers across the country are experiencing significant margin compression - with parts prices dropping roughly 30% while vehicle acquisition costs remain stubbornly high.This financial squeeze marks a stark reversal from the pandemic-era boom when supply chain disruptions made recycled parts more valuable than ever. Now, as manufacturers have restored their production capabilities and aftermarket companies have restocked their warehouses, recyclers are feeling the pinch from multiple directions: labor costs rising, insurance premiums increasing, and customers expecting lower prices.Drawing from his experience consulting with recycling businesses nationwide, Cahill offers tactical advice for weathering this storm. He emphasizes practical approaches to cost management without sacrificing quality or service - from implementing performance-based compensation systems to critically examining every expense line for necessity. Small changes, like controlling tool distribution or reconsidering vendor relationships, can yield surprising savings.Perhaps most intriguing is Cahill's perspective on recruitment. Together with Beth from Phoenix Auto Parts, he's challenging the industry's conventional wisdom about hiring. Rather than limiting searches to people with auto recycling experience, he advocates looking for transferable skills and characteristics that align with specific positions. The best future dismantler might currently be working in an entirely different industry.Looking ahead, Cahill believes we may be approaching the bottom of this market correction, with better days on the horizon. He hints at exciting developments coming to the industry that will particularly benefit forward-thinking recyclers. Catch him at the upcoming URG Conference in Orlando (April 10-12) to learn more about recruitment strategies, market conditions, and how to position your business for the industry's next phase.

Do you ever dream of selling your property management business one day? Or just curious about its current value? In this insightful episode, Marc chats with property management consultant Deb Newell about the ins and outs of selling a property management business. This conversation dives deep into key factors that influence a company's valuation, including EBITDA multiples and contract terms.    Deb shares her expertise on determining the right time to sell, identifying potential buyers, and what steps owners should take now to maximize their company's appeal in the future. This episode is packed with valuable advice on preparing your business for sale and understanding the current market dynamics.   Whether you're considering selling soon or just want to increase your company's value, this episode offers essential guidance from industry experts.   To connect with Deb check out https://www.propertymanagementconsulting.com.   Manage more doors with less stress with LeadSimple!   Grow your property management business with PMW.   Rentvine - the property management software you can trust   To find out more about Marc's coaching services click here.   Join Marc's new property management Facebook group This podcast is produced by Two Brothers Creative.

Episode Notes:Guest: Ahuva Gruen, Fractional CFO and Founder of AG Financial CPATopics covered:Ahuva's entrepreneurial roots and journey to becoming a fractional CFOCommon financial pitfalls businesses faceThe importance of understanding cash flow, profit margins, and financial processesHow Ahuva helps businesses eliminate waste, maximize profits, and plan for growthWhy accountability is a crucial driver of successHer holistic approach to financial consulting, focusing on people, processes, profit, and productsLearn more at:

#12WeeksToPeak #ecommerce #onlinebusiness David Schomer and I discuss the evolving landscape of e-commerce, focusing on the competition between Amazon and Shopify. (One is much better than the other, and it's not even close.)We explore the importance of data-driven decisions, profit margins, and customer relationships in building a successful online business. David shares insights on the challenges of selling on Amazon, the benefits of owning customer data through Shopify, and the significance of diversification in business models. We also get into the importance of hiring the right team and the value of veterans in the workforce. (We know the Air Force is best!)We also discuss David's journey from accounting to entrepreneurship. He discusses the importance of e-commerce and conversion rates in business growth, as well as redefining what it means to be an entrepreneur in a team setting.00:00 Introduction to E-commerce Success03:10 The Amazon vs. Shopify Debate06:11 Understanding Profit Margins in E-commerce09:05 The Importance of Customer Relationships12:12 Diversification in E-commerce Business Models15:12 Hiring and Managing a Team for Success24:22 The Value of Military Experience in Hiring28:31 From Accounting to Entrepreneurship: David's Journey33:04 E-commerce Insights and the Future39:00 Redefining Entrepreneurship: Working for a Team43:54 Connecting with the Audience: Resources and Closing ThoughtsKey PointsData-driven decisions lead to better performance.Amazon's dominance in e-commerce is being challenged.Owning customer data is crucial for long-term success.Profit margins on Shopify can be significantly higher than on Amazon.Customer relationships enhance the e-commerce experience.Diversification is essential for a healthy business model.Hiring veterans can improve team performance.Good help is hard to find, but it exists.Building a brand is more valuable than drop shipping.Engaging with customers adds humanity to e-commerce transactions. Military experience can provide valuable skills in the workplace.Using traditional methods like newspaper ads can yield reliable hires.E-commerce offers a better shopping experience for consumers.Building a business requires grit and resilience.Documenting your entrepreneurial journey can inspire others.Conversion rates are crucial for business growth.Working in a team can enhance entrepreneurial efforts.There's no shame in working for someone else.Taking risks in your career can lead to new opportunities.You can always return to your previous job if new ventures don't work out.Guest Site: https://firingtheman.com/Guest Site: https://buildgrowscale.com/Not for the mediocre majority: Learn how I get more done in a quarter than most achieve in a decade in 12 Weeks To Peak™ https://wesschaeffer.com/12wConnect with me:X -- https://X.com/saleswhispererInstagram -- https://instagram.com/saleswhispererLinkedIn -- http://www.linkedin.com/in/thesaleswhisperer/#12WeeksToPeak #ecommerce #onlinebusiness

What is a Good Profit Margin for Your Law Firm? Law firm owner with a trust account? Want to know an EASY way to reconcile your account and avoid the big bad bar association? Check out my new guide - Trust Account Reconciliation Made Easy: 3 Simple Steps + a Cheatsheet to Keep You Compliant - https://bigbirdaccounting.com/trustaccount

This Podcast Is Episode 618, And It's About A Deep Dive Into Gross Profit Margin For Construction Contractors Understanding and managing your gross profit margin is crucial to ensuring the sustainability and profitability of your business as a construction contractor. This key financial metric not only reflects your company's financial health but also helps guide your pricing strategies, project management decisions, and overall strategic planning. Profit is the money left in your business after all your expenses have been paid. An income statement (also referred to as a profit and loss report) reveals what profit your construction company made last month or last quarter. Your profits are detailed in two figures, namely: Gross profit is what's left from sales after deducting the costs of goods sold or services provided. Net profit is left from gross profit after operating expenses (your business overheads) are deducted. Note that net profit isn't the final 'bottom line' profit until all taxes have been paid. Gaining more significant profits depends on accomplishing all the little things better rather than making one huge change. What is Gross Profit Margin? Gross profit margin is calculated by subtracting the cost of goods sold (COGS) from total revenue and dividing that figure by total revenue. The formula looks like this: Gross Profit Margin (%) = (Net Sales – Cost of Goods Sold) ÷ Net Sales x 100 Breaking it down: Net Sales: This is your total revenue after subtracting returns, discounts, and allowances. Cost of Goods Sold (COGS): For construction contractors, COGS typically includes direct costs associated with a project, such as materials, labor, and subcontractor fees. This margin provides insight into how efficiently a contractor manages these costs relative to their revenue. For example, your small construction business earns $50,000 monthly in net sales, and your COGS totals $20,000. To calculate:  Gross Profit Margin = ($50,000 – $20,000) ÷ $50,000 x 100 = 60% This means 60% of your revenue contributes to covering overheads, like rent and salaries, and eventually becomes profit. Why is Gross Profit Margin Important? 1. Financial Health Indicator: A robust gross profit margin indicates that contractors can cover operating expenses and generate profit. Contractors with thin margins may struggle to survive during economic downturns or project disputes. 2. Pricing Strategy: Understanding your gross profit margin promotes better pricing strategies. If the margins are too low, it may be time to reevaluate how you bid on projects or manage costs. 3. Operational Efficiency: Analyzing gross profit margins can help identify inefficiencies in project management. If specific projects consistently yield low margins, it may indicate underlying issues that need addressing, such as waste or mismanagement of resources. 4. Benchmarking: Comparing your gross profit margins to industry standards can offer insights into your competitive position. While margins vary based on project type and geographical location, knowing where you stand can help identify areas for improvement. What is a Good Gross Profit Margin? In the construction industry, gross profit margins generally range from 10% to 20%. However, this can vary based on the type of projects (residential vs. commercial), market conditions, and geographic area. High-demand markets allow for higher margins, whereas competitive bidding environments push margins lower. Reevaluate Your Gross Profit Percentage - Another area most construction company owners let fall between the cracks is gross profit on the material. Gross profit is the difference ­between revenue and the cost of the material before overhead. Here Are Some Thoughts On Gross Profits: Lower prices do not always equate to increased sales. Sales resulting from lower prices will require you to sell more to maintain the same level of profitability. Generally speaking, raising your gross profit on materials by 1% would require a 4% increase in overall sales to realize the same gain. Increasing sales is always desirable, but, in reality, you have more control over your estimating and pricing than you do over sales or potential sales. People who buy from you solely due to pricing are customers, not clients; they belong to whoever has the lowest prices in the marketplace. How to Improve Your Gross Profit Margin 1. Accurate Estimation: Invest time in accurately estimating project costs. Underestimating costs can lead to lower margins and financial strain. 2. Increase your prices: If your products or services are underpriced, gradually increase prices. Outline the value you provide so clients understand what they're paying for. 3. Reduce your COGS Source raw materials strategically: Negotiate with suppliers for discounts or bulk deals. Lower manufacturing costs: Consider automating manual processes to reduce labor costs in the long term. 4. Regular Financial Reviews: Conduct regular reviews of your financials to identify trends and areas for improvement. Analyzing project performance can highlight where margins can be improved. 5. Effective Resource Management: Ensure labor and materials are allocated efficiently. Reducing waste and improving productivity can have a direct positive impact on margins. 6. Negotiate Better Rates: Cultivate strong relationships with suppliers and subcontractors. Negotiating better rates can directly affect your COGS and improve your margins. 7. Invest in Technology: Utilize project management software to streamline operations, improve communication, and enhance budgeting. These tools can help manage costs more effectively and keep projects on track. Gross Profit Margin isn't just an abstract financial concept – it's a powerful tool. It provides insights into your business's efficiency and profitability and helps guide critical pricing, cost management, and scalability decisions.  Don't underestimate the impact of regularly tracking your Gross Profit Margin – it can help you adapt to challenges, make smarter decisions, and ultimately achieve long-term success. Conclusion Gross profit margin is a vital metric for construction contractors, influencing everything from financial health to pricing and project management. By understanding and actively managing this figure, contractors like you can enhance operational efficiency, boost profitability, and ensure long-term success. Keep assessing your projects, refining your estimates, and adapting to market changes to maintain a healthy gross profit margin and drive your construction business forward. About The Author: Sharie DeHart, QPA, is the co-founder of Business Consulting And Accounting in Lynnwood, Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on managing the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. Call 1-800-361-1770 or sharie@fasteasyaccounting.com    

The podcast discusses how tech-enabled services companies can secure premium offers during mergers and acquisitions. Key insights include: Valuation Factors:Deals are typically valued at 6-11x trailing 12-month EBITDAGrowth rates of 15-25% are crucialEBITDA margins above 15% are idealRecurring revenue above 60-70% is attractive to buyers Critical Elements for Premium Offers:1. Organic GrowthConsistent year-over-year growthDemonstrated sales and marketing capabilitiesStrong leadership team2. ProfitabilityHigh EBITDA marginsEfficient operational processesRule of 45 (growth % + profit % ≈ 45)3. Market PositioningVerticalized focusBroad geographic reachSpecialized service offerings4. Customer RelationshipsMulti-year contractsLow customer churnRepeat businessStrong customer retention metrics5. Deal StructureFlexibility in owner transitionBalanced risk allocationPotential for earn-outs or seller notesThe podcast emphasizes working with M&A advisors like Revenue Rocket to optimize these factors and prepare a company for a premium acquisition offer. RELATED EPISODES:Episode 166: Understanding Revenue Models and How They Impact Valuations. Listen now >>Episode 145: Why Sellers with Vertical Market Approaches Earn Premium Valuations. Listen now >>Recurring RevenueEpisode 19: The Rule of 45. Listen now >>Check out our podcast playlist on Organic Growth Strategy >>  Listen to Shoot the Moon on Apple Podcasts or Spotify.Buy, sell, or grow your tech-enabled services firm with Revenue Rocket.

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

Get instant access to 8 subscriber-only episodes: https://realestateteamos.com/subscribeFounder and team leader George Laughton is focused on top-line revenue growth. COO Billy Hobbs is focused on expense management and operational efficiency.   Both have an eye on net operating income, but neither is cuffed to the numbers or focused on making a specific margin at all costs.   Ultimately, they're working to build a durable business - one that's healthy enough to adapt to and endure changes in market conditions, technologies, regulations, and anything else they face as a real estate team.George and Billy were our first two guests in our Inside The Laughton Team series, in which we met and learned from eight different leaders in their 200-agent, 25-staff, and 5-office organization in Phoenix, Arizona.They're back on the show and together in this episode to share ideas on profitability, trust, consumer experience, video messages, transaction coordination, the infinite game, and “the EKG of the business.”Watch or listen for insights into:- Recognizing the need for and value of trust, intuition, and patience within the team- Getting a snapshot of the team today (agent count, staff size, year-over-year growth)- Running the organization on a modified version of EOS (and why they modified it) and how they prioritize problems and opportunities- Elevating consumer experience through video communication- Creating the most consistent and efficient agents possible- Improving CRM, transaction management, and business intelligence over the past 7 years and through 10x agent count - and having one place to access everything from the macro level down to micro details- Creating a durable, profitable business that shields your people through different seasons and different markets- Watching out for the “it's only”s that eat into profit- Evaluating the ROI of lead sources and keeping an eye on originating source on every conversion- Judging the effects of the NAR settlement as a net positive so farAt the end, learn about Apple update insights, too-effective Instagram ads, and empty health hacks.The Laughton Team - https://www.instagram.com/laughtonteam/- https://www.instagram.com/georgelaughton/- https://www.instagram.com/billyhobbsjr/Inside The Laughton Team Series- https://www.youtube.com/playlist?list=PLCJiXNo93cVr9Oc0ptse5z6Vaq5l0T1kAReal Estate Team OS:- https://www.realestateteamos.com- https://linktr.ee/realestateteamos- https://www.instagram.com/realestateteamos/ Get instant access to 8 subscriber-only episodes: https://realestateteamos.com/subscribe

Are stylists truly getting what they deserve, and are owners protecting their bottom line? Compensation is always a hot topic, but right now especially everyone wants to make sure that they are getting what is appropriate. Today, we're diving deep into the often-murky waters of salon profit margins and stylist compensation and I tackle the tough questions: Is your current compensation model actually hurting your business, and how can you ensure both stylist satisfaction and salon profitability?  Let's be honest, there are a lot of shifts happening in the industry right now. Are you ready to rethink everything you thought you knew about salon compensation? If so, hit “play” and discover how to create a win-win situation for everyone involved!  With Grow My Clientele Calculator, you'll get instant clarity on how many new clients you'll need to hit your 2025 financial goals! Enter just four numbers, and this tool will show you exactly how many new guests you need monthly and yearly to reach your target income. No guesswork or complicated math required, and you can get it now at www.thrivingstylist.com/growmyclientele/!   Do you have a question for me that you'd like answered in a future episode like this one? A great way to do that is to head over to Apple Podcasts and leave a rating and review with your question. I'm looking forward to answering your question on a future episode on the podcast!  If you're not already following us, @thethrivingstylist, what are you waiting for? This is where I share pro tips every single week, along with winning strategies, testimonials, and amazing breakthroughs from my audience. You're not going to want to miss out on this. Learn more at: https://thrivingstylist.com/podcast/ 

Derek Moore and Mike Puck talk about the resurgence of international stocks against the US. Plus, how the rest of the market has a similar performance to the Mag 7, indicating a broadening out of stocks in the S&P 500 Index. Later, they discuss what markets historically have done after being up in January and February. Profit margins are rising outside the Mag 7 names and looking at the expected Nvidia move around earnings based upon the implied volatility levels.    S&P 500 Index 493 vs the Mag 7 year to date International stocks including emerging markets and developed markets shine against the US Profit margins continue to rise across the entire S&P 500 Index RSP vs SPY vs EEM vs EFA year to date performance relative to one another Average performance since 1950 for the S&P 500 Index after being up January and February Nvidia options before next week's earnings announcement Calculate expected moves in Nvidia based on implied volatility Pricing the long straddle and short straddle on Nvidia pre-earnings   Mentioned in this Episode     Derek Moore's book Broken Pie Chart https://amzn.to/3S8ADNT   Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt   Derek's book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag   Contact Derek derek.moore@zegainvestments.com       

Send us a textProfit Margin vs. Revenue: Why a Million Dollars Doesn't Make You a MillionaireIn this episode, Jen and Todd discuss why profit margin is more crucial than revenue in determining business success. They emphasize the misconceptions surrounding hitting a million dollars in sales and explain why a high revenue does not equate to high profits. They also delve into the importance of setting realistic business goals, focusing on profit optimization, and the challenges independent stylists and commission-based salons face. The episode also highlights the importance of mentorship, constant assessment of business decisions, and strategies for remaining innovative and succeeding in the hair industry.00:00 Introduction and Greetings00:24 Opening Takes: The Million Dollar Misconception03:53 Reevaluating Goals and Progress04:45 The Reality of Renting a Chair08:11 Challenges of Independent Stylists09:14 The Importance of Mentorship and Leadership14:00 Adapting and Innovating in Your Career16:55 The Influence of Schools and Social Media18:37 Understanding Profit and Pricing19:13 Planning for Time Off and Unexpected Events19:35 Setting Prices for Salon Chairs22:00 The Importance of Mentorship23:35 Building a Strong Team31:43 Defining Success and Profitability34:33 Final Thoughts and ReflectionsLinks and Stuff:Our Newsletter Mentoring InquiriesFind more of our things:InstagramHello Hair Pro Website

Enjoying the Ecommerce Coffee Break Podcast? Here are a few ways to grow your business: https://ecommercecoffeebreak.com/level-up/ ---In this episode, we explore how to conquer eCommerce with insider tips from Rachid "Rush" Wehbi, founder and CEO of Sell the Trend - a platform helping over 30,000 online stores succeed with dropshipping.  The big takeaway: Starting an online store is easier than ever. Rush explains how to pick winning products, find reliable suppliers, and build a sustainable business using AI tools. Topics discussed in this episode:  Why creativity meets business: From music producer to ecommerce CEO. How dropshipping works: Major companies like Wayfair use this model. What makes dropshipping easy: No inventory needed to start. How to avoid competing with Amazon: Success through targeted marketing. What three things drive success: Great products, landing pages, customer service. How to find reliable suppliers: Using ratings to vet partners. What profit margins you need: Why 3X pricing isn't enough. How AI makes dropshipping easier: Store creation in minutes. What daily tasks look like: Product research and order management. How beginners start right: Comprehensive training and support. Links & Resources Website: https://www.sellthetrend.com Shopify App Store: https://apps.shopify.com/sellthetrend LinkedIn: https://www.linkedin.com/in/rush-w-49861b207/ Instagram: https://www.instagram.com/sellthetrend  Facebook: https://www.facebook.com/sellthetrend  Get access to more free resources by visiting the show notes athttps://tinyurl.com/hjy9uur4 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 Tuesday and Thursday in your inbox. 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 Follow the podcast to catch all the bonus episodes I am adding. Do not miss out. Hit that follow button now!

Your sights are set on growth for your spa business, but what happens when economic conditions impact your area or clientele? Or if you face personal challenges beyond your control? You want to be prepared to respond, not react, and one key thing that allows you to be calm and controlled in your response is knowing you are on solid financial footing.  That's why this year, I'm focusing on teaching you how to focus on profitability. In this episode of Spa Marketing Made Easy, I'll discuss three steps you can take today to help increase your profit margins to continue growing your business and being financially sound, even if the economy or your environment is unstable.  What you'll learn during this episode: Why profit needs to be the number one KPI you understand how to grow in your spa business and why it's so critical to your company and personal success What you're missing out on if you're solely focusing on the bigger-picture numbers, like top-line revenue, without digging into the data on how much of that revenue you get to keep  The three key ways you can increase your spa's profit margins (great news – you can get started with all of them today!) How your profits can continue to grow even during tight economic conditions or uncertain times Resources Mentioned in Episode #421: 3 Ways to Increase Your Spa's Profit Margins See all our upcoming events under our “Virtual Events” tab, and be sure to check out our upcoming masterclass on March 10, 2025 on “The Art of Pricing Your Services for Maximum Profit and Experience” Click here to learn more about becoming a member of the Addo Professional Association Explore tools mentioned in this episode including Loom, Otter.ai, Canva, and ChatGPT   Keep the conversation going inside the Spa Marketing Made Easy Community by clicking here. IG / @addoaesthetics WEB / addoaesthetics.com YOUTUBE / @addoaesthetics LINKEDIN / @addoaesthetics   WANT MORE FROM ADDO AESTHETICS? Take just 5 minutes and find out YOUR biggest area of opportunity by taking my FREE Spa Business Assessment here → scorecard.addoaesthetics.com/ Join the Addo Professional Association (APA), an association dedicated to empowering women and strengthening their community by helping aesthetic professionals build meaningful connections with one another and fostering support and guidance to create businesses that align with the lives they love → www.addoaesthetics.com/addo-professional-association/   ABOUT THE SPA MARKETING MADE EASY HOST  About Your Host, Daniela Woerner Daniela Woerner is the founder of Addo Professional Association, a leading spa association for aesthetic professionals, and the creator of the Growth Factor Framework—a proven system that has helped 582 six- and seven-figure spa owners scale their businesses with strategy and systems. With nearly two decades in the aesthetics industry, Daniela has trained alongside top physician-dispensed brands, consulted with leading dermatologists, and helped thousands of spa professionals streamline their operations and maximize profitability. Her mission? To transform overworked aesthetic professionals into Spa CEOs—building a business and life they love with the strategic systems needed for long-term financial growth. As the host of the Spa Marketing Made Easy podcast, Daniela brings expert insights, real-world strategies, and in-depth conversations to help spa owners elevate their marketing, optimize their operations, and create sustainable success. With over 400 published episodes, 1 million+ downloads, and a ranking in the top 1% of all podcasts worldwide, Spa Marketing Made Easy is the go-to resource for spa and aesthetic professionals looking to level up. Tune in each week for actionable strategies, expert interviews, and inspiration to help you build a thriving, systemized, and scalable spa business!

Get ready for the busy season at your shop with Shop Boss and see a 20% increase in your ARO! Learn more HEREIn this episode of The Gearbox Podcast, Jimmy Purdy and Mike Allen talk about adaptability in today's industry. Mike shares why he offers free diag and gets into the constant balance between maintaining quality service and achieving growth. Listen to Mike Allen's new podcast "Confessions of a Shop Owner" HERE00:00 Rural Store to Automotive Career04:13 College Dropout Party Life07:59 "Anomaly and Natural Selection in Business"10:33 Assessing Growth and Contentment14:32 Diagnostic Compensation Unchanged19:10 Two Possible Conversation Outcomes20:34 Owner Operators' Confidence Struggle23:10 Value of Paid Coaching vs. Free Info28:29 Scaling Business Challenges30:19 Overvalued Small Business Reality Check34:25 Cash Flow and Cars Debate36:49 Technician's Emotional Roller Coaster40:03 Scaling Challenges and Service Quality43:19 Customer Relations Impact Warranty Perception46:00 Evening Party Plans

While you of course want to run a profitable business, you'll find that in order to scale, margins will have to dip.Additionally, what is actually a "good" and "healthy" margin? I'm diving into a tough conversation I had years ago where I realized my perception of margins was holding me back from scaling. That same year, we hit 7-figuresJoin our Fit Pro Business Secrets Made Simple group over on Facebook for exclusive resources, trainings and help as you're growing your online fitness business.https://www.facebook.com/groups/fitprobusinesssecretsLFollow Taeler on Instagram.https://www.instagram.com/taelerfit/Learn more about working with Taeler, whether you're just starting your online coaching business or scaling to multi-6/7-figures.https://taelerdehaes.com/

Like the show? Show your support by using our sponsors.Promotive can help you find your dream job, or help you hire. Touch HERE for more.Need to update your shop systems and software? Try Tekmetric HEREToday's guest is Josiah Meiring, the Big Iron Doctor on TikTok. Josiah talks about the issues in the heavy equipment servicing industry, particularly how technicians are severely underpaid. He talks about when he worked at a John Deere dealership and why he left to be a mechanic, saying his diagnostic skills needed to improve. Josiah also shares advice on starting a business, saying it's really important to have proper training and certification.00:00 Pipeline Equipment Experience08:33 Working in Extreme Heat: Strategies11:28 Pipeline Mechanic Opportunity: Higher Pay18:44 Freelance Mechanic's Journey22:04 Curiosity and Learning Mindset30:53 Helping in Hurricane Aftermath36:39 "Navigating Bootleg Software Challenges"40:37 Understanding System Technology Reluctance44:22 Applied Failure Analysis Explained50:12 Exorbitant Repair Quotes Dispute54:24 Equipment Maintenance: Big vs. Small Contractors01:02:51 Minimum Tech Education Demand01:07:51 Lack of Industry Standard Certification01:12:56 Not a Truck Mechanic01:14:19 Complex Truck Systems Challenges01:19:43 Celebrating Everyday Fixers Follow/Subscribe to the show on social media! TikTok - https://www.tiktok.com/@jeffcompton7YouTube - https://www.youtube.com/@TheJadedMechanicFacebook - https://www.facebook.com/profile.php?id=100091347564232

By understanding just a few key metrics in your business you can set yourself up for immeasurably more success. On this episode of Business Builders, I want to dive into profit margins, cash flow, and revenue trends in order to help you step more into your CEO role to grow your business sustainably and with more clarity.Key topics covered:Profit Margins: Why knowing your revenue minus expenses is essential and how it reveals your business's health.Cash Flow: Understanding the timing of money coming in and going out to avoid surprises.Revenue Trends & Monthly Recurring Revenue: Spotting patterns to plan ahead and bring stability to your income.By financial tracking you'll gain confidence in your financial decisions, a small step today leads to big success tomorrow!Challenge: Take a few minutes to find out these numbers;Your profit marginYour cash flow for the past month andYour average monthly revenue for the last yearWrite them down and make a note of what you need to seek more clarity on, and take action to get that clarity!Mentioned in Episode:Ep. 134 The Three Profit LeversStaci'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!

Profit margins in 2025 should be higher than ever thanks to Printful's consolidation of their membership plans. Now with Printful Growth, you can save on product fulfillment and see higher profits!

Show Notes:In this episode, Caleb from Stain & Seal Experts dives into the importance of understanding profit margins in the staining business. He addresses the debate around achieving a 50% gross profit margin and provides context for contractors of all sizes. Caleb shares personal experiences, including how transitioning from fencing to staining helped him scale his business and achieve financial stability. Whether you're a solo operator or managing a growing team, this episode will help you understand how profit margins impact scalability, employee compensation, branding, and overall business success.Key Takeaways:Why a 50% gross margin is critical for scaling businesses.How smaller, owner-operated businesses can succeed with lower margins.Strategies for raising margins to grow and sustain a larger team.The balance between gross and net profit and why net profit matters most.Insights into running virtual and in-person Staining University events.Keywords and Hashtags:Keywords: profit margins, scaling business, staining contractors, business growth, gross vs. net profit, Stain & Seal ExpertsHashtags: #StainingBusiness #ProfitMargins #ScalingYourBusiness #GrossProfit #NetProfit #StainAndSealExpertsDescription:Join Caleb from Stain & Seal Experts as he unpacks the role of profit margins in the staining business. Learn why a 50% gross margin is critical for growth, how to make the leap to higher margins, and why net profit is the most powerful metric for success. Whether you're working solo or managing a team, this episode is packed with actionable advice and relatable stories to help you navigate your business journey. #StainAndSealExperts #WoodCareProfessionals #FenceStaining #DeckCare #ContractorSuccess #StainingPodcast #BusinessGrowth #WoodRestoration

Here's how I can help you: Courses https://www.dickersoninternational.com/courses Mentorship https://www.dickersoninternational.com/mentorship Connect with me here: Facebook: https://www.facebook.com/pg/thegregdickerson Instagram: https://www.instagram.com/thegregdickerson LinkedIn: https://www.linkedin.com/in/agregdickerson Twitter: https://twitter.com/agregdickerson YouTube: https://www.youtube.com/user/agregdickerson/?sub_confirmation=1 Podcast: https://www.dickersoninternational.com/podcast #realestatedevelopment #realestateinvesting #realestate Greg is a serial entrepreneur, real estate developer, coach and mentor to high level investors around the world. He has bought, developed and sold over $250 million in real estate, built and renovated hundreds of custom homes and commercial buildings, developed residential and mixed-use subdivisions and started 12 different companies from the ground up. Greg currently mentors some of the top entrepreneurs, real estate investors and real estate developers in the country helping them grow and scale their business, raise more capital and do bigger deals. Greg's current clients have over $2 billion in AUM and deals in the process. Greg is an expert on the topics of entrepreneurship, leadership and real estate and is regularly interviewed on some of the top real estate investing and business podcasts today. Greg served in the United States Navy right out of high school and has always been a leader in the community as well as supporting, advising and serving on the boards of several churches, ministries and non-profit organizations. This channel is all about Entrepreneurship, Real Estate Investing and Real Estate Development *Nothing in this video or podcast is meant to be construed as legal or investment advice, it's for entertainment purposes only. The video is accurate as of the posting date but may not be accurate in the future. WATCH OUT FOR SCAMMERS IN THE COMMENTS I do not have a telegram, discord or any tother type of paid group. I will not contact you here or on other platforms. Scammers are using my name and picture. My real profile has a dark background around my name. I will not ask you to contact me, ask you for money or give you any contact info. Do not contact anyone in the comments. PLEASE HELP BY REPORTING AND DELETING ALL THESE SCAMMERS. Thank you!

When financial expert Alyssa Lang first set out in 2015 to do her bar patrons' taxes, she quickly realized she preferred working with the business owners that owed money – meaning they were profitable – rather than the refund seekers.That realization was the catalyst for uncovering her true business superpower of 'using the right data to make the right decisions' – and not, surprisingly, insta-tabulating the correct tip to add to a check – and she now works just 2-5 hours each week on the THREE 'accounting space' advising firms she's founded.Today she joins us for a candid and insightful conversation about how much she's grown alongside her wildly successful businesses, her entrepreneurial compulsion to monetize everything (can entrepreneurs even do sh*t for fun?!), and the mission she's on to increase the percentage of all 7-figure business owners who are women… which, if you're wondering, currently stands at a measly 2%. Quick overview of what we cover:Alyssa's best financial strategy approach for anyone working in the course creating space, which she calls “ridiculously unpredictable” What happened professionally for her to realize she was more mission-driven than money-drivenAt what point Alyssa believes you should bring on a tax strategist or financial planner Alyssa's personal decision-making tree for when she pivoted from away from being an S-CorpWhy it may not always be the best idea to get a one-stop-shop firm that does taxes, financial planning, and bookkeeping The realization she came to when her team got too big – and how the weaker players got weeded outWhy she believes data is king, and how it can still create space for intuitive decision-making tooWhy many financial experts feel like therapists – and how they reconcile the emotion most women tie to making and spending moneyHow she handles the problematic money mindset projections that land in her lap both personally and professionally About Alyssa: Alyssa Lang is a Financial Strategist, Bookkeeping Consultant, public speaker, podcast host, two-year nominee for Ignition's Top 50 Women In Accounting, as well as the Founder of Magnetic Profits & Consulting, a financial advisory team for course creators, coaches, creatives and service providers as well as Workflow Queen, a consulting and educational company that has successfully served over 1000+ accountants and bookkeepers from around the world who are seeking to refine their workflows, systems and hire the right team members so they can run their firm with ease and better serve their clients.Connect with Alyssa: On Instagram @magneticprofits and @workflowqueenVisit Magnetic Profit's websiteVisit Workflow Queen's websiteSchedule a consultation call with AlyssaConnect with Adriane: Adriane's Instagram Visionaries' Instagram Adriane's LinkedIn Visit the Visionaries website ⭐️ Love this episode? We'd GREATLY appreciate a 5-star review! ⭐️

Today's episode is the first in a multi-part series on the video game console market. Our guest is Sia Kamalie, the founder and fund manager at Skycatcher. Skycatcher describes itself as focused on capturing asymmetry at the internet frontier, and Sia has very strong conviction that the video game console market is entering a major paradigm shift with an app store model set to hit its inflection point. We start with an overview of the video game console market, laying out its size and current state. In episodes two and three, we explore this theme in even more depth when we cover the names most exposed to it: Sony and Nintendo.  On these episodes, we always recommend doing your own research. We invited Sia on to lay out his thesis, so this one is particularly geared towards that investment opportunity. Please enjoy this Breakdown of the video console market.   For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- This episode is sponsored by Finley - modern debt capital management software for borrowers and lenders. Ask around and you'll find that nearly every operator or investor has experienced the operational nightmare of managing debt capital. Finley works by translating unstructured credit agreements into code, which gets all parties on the same page and helps them streamline the credit management lifecycle--think covenant reporting, interest and fee tracking, and portfolio analysis. Join the forward-thinking finance leaders, investors, and bank executives already modernizing their debt capital operations with Finley. Learn more and request your demo at finleycms.com.  —--- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes (00:00:00) Welcome to Business Breakdowns (00:06:54) Overview of the Video Game Console Market (00:14:52) The Shift to Software and Digital Purchases (00:19:02) Nintendo and Sony: Current Trends and Future Prospects (00:29:23) In-Game Purchases and Subscription Models (00:33:58) Nintendo's Iterative Console Cycle (00:34:47) Sony's Lifetime Value and Revenue (00:35:56) Profit Margins and Software Sales (00:40:26) Console vs. Mobile and PC Gaming (00:47:44) The Rise of eSports (00:50:41) Gen Z and the Future of Gaming (00:54:28) Emerging Markets and Console Growth (00:56:37) Valuation and Market Potential (00:59:08) Lessons From The Video Game Console Market

Send us a textThis week, Wade Carpenter and Stephen Brown discuss the critical role of client collaboration in construction projects. The episode explores strategies for effective collaboration, from pre-project planning to managing supply chain challenges, labor shortages, and inflation.Drawing insights from a recent report from Liberty Mutual and Dodge, they highlight how top contractors are navigating industry challenges by working closely with clients, subcontractors, and surety companies.Subscribe for weekly construction finance tips:  https://www.youtube.com/@CarpenterCPAs?sub_confirmation=1Topics Wade and Stephen cover on this episode:01:01 The Importance of Collaboration Culture02:26 Technological and System Challenges03:18 Impact of External Factors on Projects04:33 Effective Risk Management Strategies05:42 Contract Negotiations and Material Costs07:19 Collaboration with Subcontractors12:29 The Role of Technology in Collaboration20:02 Collaboration with Surety CompaniesLINKSVisit the episode page at https://carpentercpas.com/collaboration for more details and a transcript of the show.Join the Profit First for Construction community!Find all episodes and related links at ContractorSuccessForum.com.Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs FIND US ONLINEWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | SuretyAnswers.com

Have you ever made a boatload of money in your business and had nothing to show for it? You're hitting high six figures, but you're not taking a salary. If you have started to run a business and chased the ever-elusive " more sales, more sales, more sales!" chances are that what's happened with those increased sales is increased expenses. That means you're not making money in your business, which can feel horrible. The emotional toll of feeling like a fraud, like you're hiding and as if nobody knew-is a common business experience. Today's guest, Ciara Stockeland, will break this down for us in a way no one else has. Ciara is a speaker, author, 4x Ironman, and Fractional CFO for inventory-based businesses. Ciara is a third-generation entrepreneur. She started her first business at 13 and moved to retail to open a maternity baby store in 2006. She then built up a boutique business and franchised it. With the second location, the expenses grew too. A second location meant more stuff, which meant the need for a forklift and forklift driver. On it went. At the time, Ciara was getting national recognition, which included speaking at the White House for small business advocacy. “On the inside, I felt like a fraud. I was like, I feel trapped. I don't know what to do with all this debt. This is out of control,” says Ciara. To make matters worse, Ciara noticed on social media that one of the franchisees had rebranded the store. A group of franchisees was running two point-of-sale systems and not paying royalties. Ciara filed lawsuits for trademark infringement and breach of contract. “We won on paper, but we lost everything,” says Ciara. “And so in a year's worth of time, I went from being at the White House speaking on behalf of small business to being on my couch with no business, no team having to move because we lost our home, everything. Ciara looked at the numbers. "I wouldn't have pushed so hard to grow top line revenue, but instead, I would have focused on profitability and paying myself, I probably wouldn't have sold franchises to the wrong people," she says. You have all the puzzle pieces when you understand your profit and loss statement and balance sheet. “Looking at [the numbers] gives us reality. And when we have reality, we can make a plan,” says Ciara. “If we don't look at it, we can't move forward.” Regarding profitability goals, most people either try to increase sales or cut expenses. But if you don't have the foundation for more sales, your whole business could collapse, and cutting expenses won't actually help your business grow. Ciara likes to focus on margin instead. “There's always options,” says Ciara.“We can not sell as much. We can sell more. We can payless for our sales. There's lots of ways to slice and dice those five categories. And I think understanding those buckets, sales, cost of sales, margin, expenses, profit. What can I do in each of those buckets to move the needle in the right direction?” Check out Inventory Genius: https://www.ciarastockeland.com/inventory-genius-ebook-ad   Connect with Ciara Stockeland: https://www.ciarastockeland.com Other GoG episodes you might want to check out: How The Abundance Academy Changed My Life: https://sarahwalton.com/abundance-academy-changed-my-life/  The Secret to Your Business Numbers Will ChangeEverything: https://sarahwalton.com/understand-business-numbers/ You can check out our podcast interviews on YouTube, too! http://bit.ly/YouTubeSWalton Thank you so much for listening. I'm so honored that you're here and would be so grateful if you could leave a quick review on Apple Podcasts by clicking here, scrolling to the bottom, and clicking "Write a review." Then, we'll get to inspire even more people! (Watch this quick tutorial if you need help leaving a review.) #KnowYourBusinessNumbers#ProfitAndLoss#NetProfitGoals#FinancialSuccess#RevenueGrowth#FinancialManagement#SmallBusinessOwner#AskExpert #SalesCoach#ProfitabilityGoals    

Send us a textShownotes can be found at https://www.profitwithlaw.com/462.Are you struggling to keep your law firm profitable as you scale?Join Moshe Amsel and Carla Titus, founder and CEO of Wealth and Worth Within, as they share expert insights and strategies for improving profitability and cash flow in law firms. Moshe and Carla dive deep into the factors affecting profit margins, the importance of strategic financial planning, and the role of technology and efficiency in scaling your law firm business. They also highlight common pitfalls for law firms, from poor cash flow management to inadequate support teams, and how to solve them.Listen now to uncover the secrets to achieving higher profitability and sustainable growth for your legal practice!Chapters:[00:00] Introduction to Carla Titus[04:27] Tackling the Biggest Challenges Clients Face[09:52] Fixing the Cash Flow Crunch: Smart Borrowing and Long-Term Solutions for Business Growth[24:05] What's Considered a Healthy Profit Margin?[32:39] Knowing Your Numbers: Tools and Insights for Financial Clarity[38:45] Carla's Parting Piece of AdviceResources mentioned:Take the Law Firm Growth Assessment and find out how you rate as a law firm owner! Check out our Profit with Law YouTube channel!Learn more about the Profit with Law Elite Coaching Program hereTriple Your Revenue And Double Your Profit In 12 Months TrainingConnect with Carla Tutis: Facebook | Instagram | LinkedIn | Personal LinkedIn | TikTokWealth & Worth WithinFathom: https://www.fathomhq.com/Sift: https://www.siftlab.com/analyticsClio: https://www.clio.com/Join our Facebook Community: https://www.facebook.com/groups/lawfirmgrowthsummit/To request a show topic, recommend a guest or ask a question for the show, please send an email to info@dreambuilderfinancial.com.Connect with Moshe on:Facebook - https://www.facebook.com/moshe.amselLinkedIn - https://www.linkedin.com/in/mosheamsel/

[00:00 - 09:49] Increasing Profit Margins in Supply Chain and Logistics [09:49 - 16:39] Optimizing the Supply Chain for Cost Reduction [14:00 - 16:39] Accurate Cost Calculation and Tariff Codes  

Right About Now with Ryan AlfordJoin media personality and marketing expert Ryan Alford as he dives into dynamic conversations with top entrepreneurs, marketers, and influencers. "Right About Now" brings you actionable insights on business, marketing, and personal branding, helping you stay ahead in today's fast-paced digital world. Whether it's exploring how character and charisma can make millions or unveiling the strategies behind viral success, Ryan delivers a fresh perspective with every episode. Perfect for anyone looking to elevate their business game and unlock their full potential.Resources:Right About Now NewsletterFree Podcast Monetization CourseJoin The NetworkFollow Us On InstagramSubscribe To Our Youtube ChannelVibe Science Media In this episode of Right About Now, host Ryan Alford sits down with Luke Peters, former CEO of Newair, a leading brand in portable refrigeration. Together, they delve into the intricacies of entrepreneurship, sharing invaluable lessons on achieving business success. Luke recounts his early days of spotting market opportunities through Yahoo search trends back in 2001 and how these insights fueled NewAir's growth into a flourishing enterprise.Listeners will gain practical strategies, including the necessity of maintaining robust profit margins, the art of hiring the right talent, and the power of influencer marketing. Luke also highlights the critical role of differentiation, emotional branding, and ongoing market research in staying competitive. This episode offers a wealth of actionable advice for entrepreneurs looking to carve out a unique space in the business world.TAKEAWAYSEntrepreneurship and business success strategiesIdentifying and capitalizing on market opportunitiesDirect-to-consumer (DTC) business modelsAdapting to market changes and competitionImportance of profit margins in business sustainabilityEffective hiring practices and attracting top talentCreating a clear vision and motivating employeesLong-term perspective in business growthEmotional connection and branding in marketingRole of influencer marketing and content strategy in business success If you enjoyed this episode and want to learn more, join Ryan's newsletter https://ryanalford.com/newsletter/ to get Ferrari level advice daily for FREE. Learn how to build a 7 figure business from your personal brand by signing up for a FREE introduction to personal branding https://ryanalford.com/personalbranding. Learn more by visiting our website at www.ryanisright.comSubscribe to our YouTube channel www.youtube.com/@RightAboutNowwithRyanAlford.