Podcasts about profitability

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Best podcasts about profitability

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Latest podcast episodes about profitability

The Impeccable Investor Podcast
How To Grow A Small Account Trading Options While Working Full-Time | Masterclass #2

The Impeccable Investor Podcast

Play Episode Listen Later May 22, 2023 12:02


The Impeccable Investor Podcast
How To Profit In Any Market (Up, Down or Sideways) Using Credit Spreads | Masterclass #1

The Impeccable Investor Podcast

Play Episode Listen Later May 19, 2023 12:49


Eye On Franchising
Discovering the Success of Teriyaki Madness: Lessons in Franchising and Profitability with CEO Michael Haith

Eye On Franchising

Play Episode Listen Later May 19, 2023 34:02


Introducing the latest episode of Eye On Franchising! In this week's podcast, we feature Michael Haith, the CEO and owner of Teriyaki Madness, a successful franchise in the food business. Join us as Michael shares his inspiring journey from a journalism degree to successful entrepreneurship in the restaurant industry. With his extensive experience in turning Maui Wowi and Doc Popcorn into global brands with hundreds of units, Haith shares his insights on finding the right franchise opportunity for individuals looking to enter the industry. He also discusses the importance of building a strong foundation and hiring experienced people in building franchise systems. This podcast highlights the success of Teriyaki Madness, which grew quickly even amid the COVID-19 pandemic, with a focus on transparency, honesty, and extensive training and support for franchisees. Tune in now to discover the secrets of success in the franchise industry, including the importance of realistic training, marketing strategies, and culture and community fit. Don't miss out on this exciting episode!- Michael Haith's background- Perception of entrepreneurs- Finding the right franchise- Success stories with Maui Wowi and Doc Popcorn- Building a strong foundation- Importance of profitability for franchisees- Qualities of potential franchise owners- Realistic training for franchisees- Culture and community fit- Options for franchise expansion- Importance of marketing- Aligning interests and skills- Researching franchise culture and communityKEY POINTS[0:0:16] Unlock your potential with Ion Franchising and discover the perfect business opportunity to suit your unique investment level, mindset, skill set, and life experiences - with over 650 franchises to choose from![0:5:13] Within a few short years, the founders of Doc Popcorn achieved remarkable success, growing from an initial concept to a business with 100 units thanks to the speaker's proven expertise in the industry.[0:9:56] Our commitment to profitability has empowered our multi-unit franchisees to achieve remarkable success, thanks to our emphasis on culture, collaboration, and cutting-edge technology.[0:11:44] Experience the deliciousness of Teriyaki Madness, with 130 locations offering delectable, healthy teriyaki bowls crafted from only the freshest ingredients.[0:13:46] With our unique program, we empower aspiring entrepreneurs to realize their dreams of owning their own business - without any prior experience or knowledge - through comprehensive resources and training.[0:14:46] By embracing transparency and leveraging cutting-edge technology, Teriyaki Madness has developed an unprecedented culture of collaboration that has propelled them to incredible success.[0:18:51] The importance of a cultural match in franchise systems cannot be overstated - it can make the difference between building strong relationships with your community or facing conflict and alienation.[0:18:51] Franchisees are an invaluable source of knowledge and experience, providing invaluable support and best practices - empowering franchise systems to dramatically increase success rates through franchisee-driven communication and follow-up training.[0:24:54] Cultural fit is essential for sustainable franchise success, and financing options can help overcome financial obstacles and unlock growth potential.[0:26:35] By leveraging their franchise's unique marketing tactics and powerful voice, savvy franchisees can differentiate themselves in a crowded market and cultivate a fiercely loyal customer base.[0:29:9] Uncover the truth: Conduct in-depth research to ensure your franchise's cultural beliefs and values align with your own, and confirm with franchisees for a perfect cultural fit.[0:32:26] Michael Haith is an accomplished and ambitious serial entrepreneur - at just 15, he launched his first business and is now the successful owner and CEO of Teriyaki Madness, a rapidly-growing global franchise brand that originated as a humble retail smoothie company.---Have you heard the news?  We are officially on YouTube.  Come check out a few videos have have and give me a follow!https://www.youtube.com/channel/UCwoAdrkPZmveJt5AQRDk8WA---Lance GraulichFranchise Consulting Services from ION FranchisingEye On Franchising

Lessons of a Lashpreneur
Team Troubles and Profitability Woes: How This Business Owner Overcame Them All

Lessons of a Lashpreneur

Play Episode Listen Later May 19, 2023 39:31


In this episode, we dive into the inspiring story of  Danielle Wright, the owner of Organic Wellness Boutique - who joined the Momentum Mastermind program after realizing her business wasn't as profitable as she thought.  She encountered every challenge you can imagine with her team and business expenses, but through the mastermind, she gained valuable tools and awareness to focus on growth and improve her business. During this conversation, she shares her personal journey and discusses the importance of having data to make informed decisions. She also emphasizes the positive impact of setting boundaries and FINALLY being able to take TIME OFF for herself and her family. We talk about the benefits of joining the Momentum Mastermind program, including the power of COMMUNITY, SUPPORT, and COACHING to overcome fears and obstacles. It can truly be a transformative experience if you trust the process and invest the time needed to make your businesses successful!! If you're ready to take your business to the next level and experience your own transformation - no matter what it looks like right now - don't miss this empowering episode!    Episode Highlights: [13:40] Why creating structure in your business can cause team members to leave - and that's actually a good thing! [22:53] Getting the respect you deserve as a leader and other perks of joining the Momentum Mastermind program. [32:42] Danielle's advice to any business owner who's struggling with their team or business right now.   If building a team is something you're passionate about and want help + support in making that dream a reality - then REGISTER NOW for one of my upcoming “Build A Team, Live Your Dream” Masterclasses! It's my most POPULAR training for beauty business owners who are building their teams or are struggling with their teams. I will be hosting a handful of these classes, so you can find a time that works best for your schedule. Register for a “Build A Team, Live Your Dream” masterclass at: www.thelashpreneur.com/buildateam   

Green Industry Podcast
A Look Inside North Point Outdoors: Culture, Efficiency, and Profitability

Green Industry Podcast

Play Episode Listen Later May 19, 2023 45:22


Join us as Dave Fairburn, founder of the $15.5 million landscaping business North Point Outdoors, shares the importance of company culture, efficiencies, and profitability in building a thriving business. Register for Lawn Care Life Conference: Register Here Register for EQUIP EXPO: Register Here Register for HUGE Convention: Register Here Check out all of Paul's resources: GreenIndustryPodcast.com Shop for all of Paul Jamison's books: Get Paul's Books Here Grab your copy of Paul's brand new book: Get Your Copy Learn more about Audible: Explore Now Support our sponsors:  Get Jobber Apply for Jobber Grants Start Your Website Journey w/ Footbridge Media The Landscaping Bookkeeper - Megan and Joey Coberly GPS Trackit Kubotausa.com Ferris Mowers

Cashflow Hacking Podcast
Your $10,000 a Month Journey: Unlocking Profitability with Discipline & Education

Cashflow Hacking Podcast

Play Episode Listen Later May 18, 2023 54:16


In this episode of How To Trade It, Casey Stubbs introduces the topic and the goal of generating $10,000 a month from trading because he truly believes that trading can help people escape from jobs they dislike or simply provide additional income.Casey shares some personal information, including how he started TradingStrategyGuides.com, being married with nine children, and his love for outdoor activities and travel.Click Below to watch Apply to Casey Mastermind. https://info.tradingstrategyguides.com/prop-firm-training-programCasey's trading journey started in high school with an introduction to trading from his father.. He shares how he turned $800 a month in the Army, into over $30,000, by investing in the markets. Casey also discusses trading while working overseas and on deployments.Casey highlights the benefits of trading, including financial freedom, work-life balance, the ability to support a family, freedom to travel, improved relationships, and peace of mind. He acknowledges the challenges and mistakes he encountered along the way as well.Casey candidly discusses the storms he faced in his trading journey, including self-sabotage, lack of knowledge and patience, lack of discipline and a solid plan, jumping from system to system, financial constraints, lack of mentorship, time constraints, emotional struggles, and market manipulation. The Journey to $10,000 a month:Education, learning, mentoringExecutionStart smallGet a consistent track recordScale your accountReinvest your earningsWhat kind of trader are you?Swing TraderDay TraderScalper Connect With Casey StubbsWebsite:      https://caseystubbs.comWebsite:    https://globalproptrader.com/ YouTube:    https://www.youtube.com/TradingStrategyGuidesYouTube:   https://www.youtube.com/caseystubbsFacebook:   https://www.facebook.com/TradingStrategyGuidesTalking Trading - Expert trading tactics so you can excel in the sharemarket.This is how traders and investors excel.Listen on: Apple Podcasts Spotify The Physician Syndicate: Angel Investing | Venture Capital | Startups | Personal FinanceThe Physician Syndicate Podcast: A podcast for physicians to jump into the startup world. Listen on: Apple Podcasts SpotifySupport the showConnect with Casey: LinkedIn: https://www.linkedin.com/in/caseystubbs Twitter: https://twitter.com/caseystubbs316 TradingStrategyGuides.com: https://www.tradingstrategyguides.com/ Email: info@tradingstrategyguides.com

education army discipline unlocking profitability casey stubbs month journey how to trade it
The Impeccable Investor Podcast
How Much Credit You Must Collect To Ensure You Profit Long Term With Vertical Credit Spreads

The Impeccable Investor Podcast

Play Episode Listen Later May 18, 2023 5:38


Unf*ck Your Biz With Braden
285 - Understanding Your Books and Profitability with My Student, Stephanie Stuart

Unf*ck Your Biz With Braden

Play Episode Listen Later May 18, 2023 41:43


On today's episode of the podcast I chat with former Unf*ck Your Biz student Stephanie Stuart about how the program helped her save on unnecessary business expenses she didn't know she had, get her bookkeeping in order, and legally form her second business. The doors are officially open to Unf*ck Your Biz, a step-by-step framework to get your legal and tax shit legit. The doors are only open until May 24 so learn more about Unf*ck Your Biz at unfuckyourbiz.com. Stephanie has been in business for six years as a Phoenix-based interior designer focusing on business and residential construction products. She spent three years in California and then three years in Phoenix. She has a six figure business and with a slower year last year, was able to focus on unf*cking her biz. Recently she has started a second business as an installer of a specialty decorative resin product, 3Form. Moving from California to Arizona, Stephanie needed to unf*ck her biz because she had not properly closed it in the state of California and was still paying $800 a year despite no longer being there. When you move, you want to transfer your LLC right away, it's called domestication if your state allows it. During her time in Unf*ck Your Bix, Stephanie left for a little white then came back and rejoined because she knew she still had parts of her business to get together and didn't make the time to take enough advantage of it the first time. She got a good base line the first time but really wanted to understand these aspects of her business so she joined again to get a deeper understanding and she loves the bookkeeping and customer support. Currently, Stephanie is working on her bookkeeping. She uses Quickbooks for her S Corp business and a spreadsheet for her LLC resin installation business. The new business has larger, more simple transactions and Stephanie uses the weekly co-working to hold herself accountable to keep her books up to date. Unf*ck Your Biz helps with business projections and setting business goals. Stephanie has started looking at her books as more than furniture and services and has broken it out more by package and what packages are making more money or how many more consultations or certain types of packages she wants want to offer more of than others and if she needs to tweak her offers or messaging. Stephanie filed her LLC for her second business during the program after winging it for her first business years ago. She unknowingly paid franchise tax for three years on the LLC after leaving California. Unf*ck Your Biz has given Stephanie peace of mind in her business. Get in Touch with Our Guest Stephanie Stuart, Founder of Stuart Design Co. Follow on Instagram @StuartDesignCo Listen to Your Favorite Interior Design Podcast by Stephanie Stuart Check out Stuart Design Co. at www.stuartdesignco.com

Shopify Masters | The ecommerce business and marketing podcast for ambitious entrepreneurs

Allbirds is a direct-to-consumer success story, upending the shoe industry with sustainable materials. Allbirds co-founder and CEO Joey Zwillinger shares how the company's mission fuels innovation in the first episode of the Shopify on Location in San Francisco.For more on Allbirds and show notes: https://www.shopify.com/blog/allbirds-sustainability

The Impeccable Investor Podcast
The Best Time Of Day To Sell Vertical Credit Spreads

The Impeccable Investor Podcast

Play Episode Listen Later May 16, 2023 4:52


Sales POP! Podcasts
Maximizing Profitability: The Key to Sales Success with Tommy McNulty

Sales POP! Podcasts

Play Episode Listen Later May 16, 2023 24:39


Learn the secrets of sales success and find out how to maximize your profits with our comprehensive guide. Discover strategies to strengthen customer relationships, manage sales teams effectively, optimize your processes and more. Get ready to unlock your business's true potential!  

The Impeccable Investor Podcast
3 Reasons To Sell Vertical Credit Spreads On Red Days | Step By Step

The Impeccable Investor Podcast

Play Episode Listen Later May 11, 2023 5:54


REI Rookies Podcast (Real Estate Investing Rookies)
The Profit-First Mindset: Learning to Simplify and Prioritize Your Finances with David Richter

REI Rookies Podcast (Real Estate Investing Rookies)

Play Episode Listen Later May 11, 2023 34:55


On this episode of REI Mastermind Network, the host explores the benefits of expense analysis in cutting unnecessary expenses and improving the bottom line of a business. They share stories of businesses cutting excess expenses up to $600,000 a year through this exercise. The discussion also debunks common myths in real estate investing and highlights the importance of having a financial leader on the team through Simple CFO, a fractional CFO firm. The speaker emphasizes the Profit First system and its use in managing cash flow and ensuring profitability and paying oneself. They also discuss the importance of good financial habits and developing an emotional connection to money for both personal and business finance.

The Impeccable Investor Podcast
The #1 Secret To Trading Credit Spreads In 2023 (ACTUAL WORKS)

The Impeccable Investor Podcast

Play Episode Listen Later May 9, 2023 6:25


FULL COMP: The Voice of the Restaurant Industry Revolution
Lauren Fernandez on perfecting restaurant profitability

FULL COMP: The Voice of the Restaurant Industry Revolution

Play Episode Listen Later May 9, 2023 37:04


Lauren Fernandez went from working in restaurants, to working on restaurants, to influencing the industry at scale. After cutting her teeth as a corporate executive turned franchisee, she's taken the lessons she's learned and crafted not only an educational platform, but an investment engine for those that come after her. Today, we discuss what she's built and how it works to ease the burden of independent restaurateurs.  For more information on Lauren and Full Course, visit https://www.fullcourse.com/.  ____________________________________________________________ Full Comp is brought to you by Yelp for Restaurants: In July 2020, a few hundred employees formed Yelp for Restaurants. Our goal is to build tools that help restaurateurs do more with limited time. We have a lot more content coming your way! Be sure to check out our other shows: Restaurant Marketing School Restaurant expert videos & webinars

The FITSPRO Podcast
202 | The Difference Between Revenue, Profit, and a Reality Check

The FITSPRO Podcast

Play Episode Listen Later May 9, 2023 19:44


In just closing out tax season, I felt the need to touch on business finance within my scope. Which isn't much. But I can speak from personal experience, and general base knowledge. There are many misconceptions around online health and fitness business management and finances and I simply want to make few things clear. Which will in turn, I hope, make your life easier as a solepreneur. Please do consult an accountant before setting up or making changes to your financial decisions in your business.  I get some kind of fired up when I see business coaches online gloating about revenue generated without any context. Specifically without differentiating between REVENUE and PROFIT. They are NOT the same my friends. And that is an extremely important truth to grasp if you plan to navigate this world of online business. Revenue is how much you general in sales of services, goods, or through affiliate marketing. Period. How much mula came in? Mind you there are processing fees no matter what third party you're using - likely something like Stripe, if not Stripe. Talk to your accountant about writing off those fees. Because they are an expense. Your revenue is what happened before those fees. Then we have PROFIT. Profit in my personal opinion is what we give a shit about. More shits than revenue.  A coach might generate $100,000 in revenue but what did they KEEP? What was still in the bank after expenses? That's your PROFIT. I highly suggest you read the book Profit First. It provides a different way to set up business finance and I do think it works particularly well for those who have variable income - meaning month to month is not consistent income. That tends to be the case for many health and fitness professionals. So, when you're making your revenue goals, don't forget about profit. That's my point. When someone says they can get you to $10k months, is that revenue or profit? It's a fair question to ask in my opinion. Now let's talk about ways to increase both revenue and profit. Revenue: More money coming in - We need more clients, higher price points, or more streams of income. A massive mistake I see when coaches are trying to increase revenue is that they add one off purchases with no plan to sell or scale that offer. Please please please make sure that if you're going to create a new offer in your offer suite, that it is 1. Needed in the market. 2. People KNOW it's needed. 3. And that it's WANTED. The offer needs to be something that is knowingly desired by the prospective customer. Do not create an offer for the sake of creating it. We create offers for PROFITABILITY. That profitability comes from people needing, wanting and BUYING said service or offer. Don't make this mistake. If you're depending on the offer to make you money, how much? How often will you need to sell it? If it's available all the time how are you collecting leads and getting them to convert? Again, I ask these questions because adding a new offer is actually the hardest way to increase revenue but it's often the first route entrepreneurs go down. I'd suggest:  Seeing if you can either increase price of current offers if it makes sense, so you're increasing the total value of each client and bringing up your bottom line. Add value to the existing offer if needed. Becoming more proficient and optimizing sales of what you currently sell (rather than creating something new). If there is a legit gap that you can fill with a new offer and your current + new clients would purchase, great. But if you haven't yet optimized sales system for your current offer, do that first. Squeeze all the revenue you can out of that. As far as profit goes, that will depend on your expenses. I want to make very clear that I am not saying you HAVE to prioritize high profit. Some people prefer to put all revenue back into the business (creating high expenses and low profit). Neither is right tor wrong.

She Slays the Day
207 - Strategies and Mindset to Crush Your Profitability feat. Samantha Varner

She Slays the Day

Play Episode Listen Later May 7, 2023 77:17


Time to put those business owner hats on because this week Dr. Lauryn is joined by business and profit coach Sam Varner to discuss how to change your strategies and your mindset and build a more profitable practice. Sam may not come from the chiropractic world but as you'll quickly realize the truths she speaks about running a business are not just powerful, but universal. Sam and Dr. Lauryn discuss ways to build a more profitable practice, how to balance price point, Sam's CRUSH formula, being comfortable being the salesperson of your practice, and much more!To learn more about Crush Profit Coaching, visit here.To listen to the She Needs Grit podcast, visit here.Follow Samantha: Instagram | YouTube | LinkedIn– – – – – BJ Palmer and Green Books (01:30)Sked Shout Out (06:20)Introducing Sam Varner (07:20)Remembering Sheena Nageli (10:10)Sam Varner's Background and Profit Coaching (13:40)Profitability in Chiropractic (17:50)Crush Formula (24:15)Knowing Your Numbers and Price Points for Chiropractors (35:50)Automation and Delegation (45:15)Chiropractor vs Entrepreneur (50:15)Being the Salesperson of Your Business (55:45)Grit and the Good and Bad of Hustle Culture (01:03:35)– – – – – To give to the GoFundMe for Sheena Nageli's Family visit here.To learn more about Sked visit their website.To learn more about Dr. Tony Ebel's Pediatric Experience head to the PX website!To learn more about CLA and the INSiGHT scanner go to this website and enter code SHESLAYS when prompted.To check out all the great products from Well Aligned, visit here.To hear all the great stuff happening on patreon you can visit here.Rate & subscribe wherever you get your podcasts!Join the Weekly Slay mailing list HEREIf you want to submit a question or have feedback, make sure to tell us:Website | Instagram | Facebook Get bonus content on Patreon Hosted on Acast. See acast.com/privacy for more information.

Motley Fool Money
2 High-Growth Companies to Watch

Motley Fool Money

Play Episode Listen Later May 6, 2023 24:37


Just because a stock is down 50% doesn't mean that the business is broken. (Or does it?) Ricky Mulvey caught up with Motley Fool Senior Analyst Yasser El-Shimy to talk about some higher growth companies whose stocks have taken a hit. They discuss:  - How investors can approach growth stocks with a venture capital lens. - Profitability questions for a streaming data company. - A second look at a space company that went public via SPAC. Companies discussed: CFLT, LMT, SPCE, RKLB Host: Ricky Mulvey Guest: Yasser El-Shimy Engineer: Tim Sparks Production Assist: Alex Friedman

Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services
522: Increasing Construction Company Profitability Through Better Practices

Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services

Play Episode Listen Later May 5, 2023 9:59


This Podcast Is Episode Number 522, And It's About Increasing Construction Company Profitability Through Better Practices If you feel overwhelmed by the sheer volume of technological gadgets, never mind apps and other digital "solutions,"; you're not alone. Technology sprawl and the rabbit hole of more and more information available all the time makes productivity—and healthy downtime—a real challenge for many of us. Although we may be quicker at completing redundant tasks, more time is wasted managing all our different apps and technologies—and more of us live in a near-constant state of distraction. An epidemic of distracted workers Maintaining focus on the job is increasingly difficult in the era of social media, chat apps, games, and the ability to search for anything at any time—whether related to the task at hand or not. Recent research shows that, on average, office workers switch between tasks roughly every three minutes. Half of those "task switches" were not because the phone rang or someone stopped by with a question—they were self-interruptions. The same study showed that when an interruption is related to the primary task, it isn't a problem for the worker to maintain focus when the interruption ends. But when people have to "shift their cognitive resources" to a new task, it takes longer to remember where they were, refocus, and regain momentum. If your team isn't working across the same devices, platforms, and apps, imagine the increased inefficiency as workers spend more time dealing with incompatibility issues. For anyone moving between several decentralized apps during the workday, the cost is mental exhaustion—which can lead to an increased lack of focus and even less productivity. Tools and tips for increasing efficiency No matter how much we'd like to improve our productivity, multitasking is a myth; most humans can only perform one task well at a time. It seems there are never enough hours in the day to complete every job on your list. Often you're faced with prioritizing what you need to do right now – deal with a customer, meet a deadline, attend an event – and the things you know you should do for the ongoing growth of your construction business. Scheduling time to attend to these business activities regularly is a great way to get on track for tremendous success. 1. If you must use a computer at work To help minimize the temptation to check Facebook or random search, focus on your to-do list and block all digital distractions, like placing your smartphone next to you, so you can focus on just what's in front of you. Another tip is to batch email rather than reading and responding to messages continually. Sending emails twice a day—once in the morning and again in the afternoon—will train people not to expect to hear from you instantly, creating more reasonable (and sane) expectations. No one can or should be available to work around the clock for our own personal and collective well-being. 2. Know your numbers It's not uncommon for business owners to lose touch with how well their business is performing daily. But an awareness of your real-time income and expenses is the key to making better decisions that will nurture growth. Implement these changes and see the difference they make in your business: Switch to an online accounting solution offering access to real-time data anywhere. Monitor your finances daily, weekly, monthly, and quarterly; review the data with your accountant often. Check-in on your other numbers – your website metrics and software analytics – to know whether your marketing, lead generation and sales tactics are working. 3. Update your business plan Construction companies should update their business plan at least once a year—sooner if an upcoming change requires planning, financing, or re-assigning resources (for instance, a service launch or a new side business). Many trade business owners neglect to revise their plans regularly. They end up operating on autopilot, losing sight of their bigger goals and the steps they planned to take their business to the next level. Set goals, mark milestones, and start implementing your plans. Look at your previous year's books to plan with your latest annual figures in mind. 4. Hire help It sounds simple, but many entrepreneurs' self-sufficient, independent nature can make it difficult to get comfortable delegating responsibility. Finding the right people to relieve the burden of doing everything all the time is the only way a business can scale and reach its potential. Think carefully about how you spend your days. Are you still at the point where you want to – or need to – do it all? The ultimate success of any company is to reach the point where it can run without you, so you can enjoy a holiday, pass the business on to a family member, or sell it. Finding the right people you can trust to perform their jobs well and continue to grow your business can take time. A recruitment agency can help you craft an attractive job description and recruit so you can focus on strategies that can bring you greater enjoyment and success. 5. Unplug Perhaps most importantly, unplug and rest your mind each day. A week or two of time off, away from work, email, and other stress-inducing distractions, will do more to increase your productivity than any app. And be good to yourself by taking a health break each year. Bottomline Remember, you can do anything, but not everything. Developing new business habits takes time and commitment – but the payoff is well worth it! Monitor how creating and implementing these practices in your construction business improves company performance.  About The Author: Sharie DeHart, QPA, co-founded 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  

Elite Sales Podcast
Maximizing Profitability: Strategies for Success and the Benefits it Brings | QnA 5/1/23

Elite Sales Podcast

Play Episode Listen Later May 5, 2023 33:09


As a life insurance agent, maximizing profitability is crucial for building a successful career. In this video, we'll explore the top strategies for increasing profitability and achieving long-term success in the industry. From developing strong client relationships to implementing effective sales techniques, we'll cover everything you need to know to grow your business and reap the many benefits that come with increased profitability. Don't miss out on this valuable opportunity to take your career to the next level! Hosted by Joan Rosales, John Bacaron & Albert Lau

Multifamily Money
Ep175: Dialing In Your ROI | Tactical Methods to Scale Your Real Estate Business

Multifamily Money

Play Episode Listen Later May 5, 2023 11:36


Are you an entrepreneur looking to scale your venture? In this week's finance episode, we'll show you the right approach to enhance your return on investment margin. Whether in real estate or business, it's important to stretch your potential and let your money do the work, so tune in to learn the next steps in growing your business!   WHAT YOU'LL LEARN FROM THIS EPISODE  Significance of knowing when to scale and when to stabilize your assets How to tailor your standard operating procedures to upgrade profits A scaling approach you can use in multifamily asset management Operational challenges you might encounter and how to handle them 3 pillars that can make or break any business organization    RESOURCES/LINKS MENTIONED  Monday.com Asana Multifamily Money: Ep169: How Due Diligence Improves the Competitiveness and Profitability of your RE Investments | Apple Podcast   CONNECT WITH US  Email: shawn@greenbriarcg.com  Instagram: Shawn Winslow YouTube: Shawn Winslow LinkedIn: Shawn Winslow Facebook: Shawn Winslow

Global Studio Marketing Podcast
GS 197 - Rephrasing Your Messaging For Maximum Profitability

Global Studio Marketing Podcast

Play Episode Listen Later May 4, 2023 6:03


Most entrepreneurs get their messaging for their business all wrong. Many aren't totally clear on how to develop out their messaging. What is marketing messaging? Basically, your marketing messaging is the artful conveyance of all the value you provide to your customers...through words, visuals or actions. It's letting them know who you are, and more importantly, why they should care. It's extremely important. Because getting your messaging right...will make your marketing exponentially more effective. Join Michael as he shares an important insight on creating messaging that will increase your profitability. 

The Impeccable Investor Podcast
Why I Don't Use Stop Losses When Trading Credit Spreads | 94% Win Rate

The Impeccable Investor Podcast

Play Episode Listen Later May 4, 2023 6:26


Insights To Live By
EPISODE 102 [guest] Authentic Networking with Ivan Misner

Insights To Live By

Play Episode Listen Later May 3, 2023 50:33


TOPIC TIME CODES: 0:59 – Introduction  2:12 – Entrepreneurial Beginnings (The Lollipop Story) 4:28 – Bring BNI to Life  8:01 – Push Marketing vs. Pull Marketing 9:33 – Ground-Level BNI Networking 13:23 – Diversifying Your Networking Portfolio 17:35 – The Networking Disconnect 19:10 – The VCP Process (Visibility, Credibility, Profitability) 20:25 – The Death of Cold Selling 23:35 – Providing a Value-Add 26:20 – In-depth Networking 28:40 – Future Astronaut 32:00 – Branson Insights 33:40 – Insights About Ivan (Advice for his Younger Self) 35:43 – A Geometric Journey 37:33 – Ivan's Insights to Live By 46:46 – Flying Like an Eagle 48:00 – Closing Thoughts SOURCES: Personal Site: ivanmisner.comBNI Site: BNI.comTwitter: @IvanMisner You Tube: https://www.youtube.com/channel/UCEq8rtIgxbwhCQ2OEkFQUGwTikTok: ivanmisner

The Impeccable Investor Podcast
What To Do When Your Credit Spread Trade Goes Against You | Turning Losses into Profits

The Impeccable Investor Podcast

Play Episode Listen Later May 2, 2023 7:17


Ecomm Leaders with Aaron Cordovez
A Guide to Profitability on Amazon

Ecomm Leaders with Aaron Cordovez

Play Episode Listen Later May 2, 2023 14:04


In this episode, Aaron breaks down the three more important things to improve on a consistent basis to be profitable.  The top sellers, sit on thousands of reviews and think no one can reach them.  If you focus on the small things every day that Aaron talks about, you can have a multi-million dollar Amazon business.   Looking to sell your Amazon-native brand? Get a free valuation at www.aaroncordovez.com/valuation Looking to take your Amazon Ads to the next level with automation - try Samurai Seller! www.samuraiseller.com/start for your 14 free trial.

Live Better. Sell Better.
Grow and Survive During Economic Downturns with Sahil Mansuri

Live Better. Sell Better.

Play Episode Listen Later May 1, 2023 10:51


This episode of the Live Better Sell Better Podcast features Sahil Mansuri, CEO of Bravado. With layoffs happening left and right, it is critical for salespeople to know how best to protect themselves. Sahil educates on why equity is worthless in 95% of startups and why salespeople should look at a company's profitability when looking for their next job. HIGHLIGHT QUOTESDetermine a company's profitability before joining it - Sahil: "How do you evaluate an employer in a down market? It all comes down to profitability. It comes down to whether your company is turning a profit or not.""Any company that's turning a profit's completely fine. I mean, completely fine maybe too glib, but you're still fine. You control your own destiny. If you make more money than you spend, your company's going to be fine. For 99% of startups, that's not true."The 3 numbers you need from a potential employer - Sahil: "Get those three numbers. How much do you spend per month? How much do you make per month, and how much money is in the bank? So again, easy math."Let's say a company spends a million dollars a month and they make $500,000 in revenue. So they've burned 500k a month in spend. How much money do you have? Company has $50 million in the bank. Great. Go work for that company."You can find out more about Sahil in the links below:LinkedIn: https://www.linkedin.com/in/sahilmansuri/Website: https://bravado.co/Email: sahil.mansuri@bravado.coConnect with KD in the links below:LinkedIn: https://www.linkedin.com/in/kddorsey3/Patreon: https://www.patreon.com/insidesalesexcellenceLive Better. Sell Better. is sponsored by our proud partner:Rocket Reach | rocketreach.com

Business RadioX ® Network
The Profitability Coach’s 14th Anniversary, with Bill McDermott, Host of ProfitSense

Business RadioX ® Network

Play Episode Listen Later May 1, 2023


The Profitability Coach’s 14th Anniversary, with Bill McDermott, Host of ProfitSense In this commentary from a recent episode of ProfitSense, Bill expresses gratitude as he celebrates 14 years as The Profitability Coach, helping businesses become more profitable. ProfitSense with Bill McDermott is produced and broadcast by the North Fulton Studio of Business RadioX® in Alpharetta. Bill's […]

Remarkable Results Radio Podcast
Fueling Your Business: Tips for Increasing Profitability and Developing Processes [RR 844]

Remarkable Results Radio Podcast

Play Episode Listen Later Apr 28, 2023 46:37


Recorded Live at the Vision 2023. As a business owner, it's important to constantly seek ways to improve and grow your business. In this episode, Cecil and Kent Bullard discuss the importance of implementing effective processes, raising labor rates, and seeking help from coaches to improve business performance. They also share their experience with organizing their 2023 Institute Summit including the value of having vendors present at the event and the value of networking in the industry. So, what are you waiting for? Tune in now and take your business to the next level! As always, thanks for listening, and don't forget to subscribe to our podcast for more great content. "Networking is not about just connecting people. It's about connecting people with people, people with ideas, and people with opportunities." - Michele Jennae Kent Bullard, COO, The Institute. Listen to Kent's other episodes HERE. Cecil Bullard, President of the Institute for Automotive Business Excellence. Listen to Cecil's previous episodes HERE. Show Notes Watch Full Video HERE (00:01:11) Recap of the Institute's Summit in St. Petersburg (00:07:03) Speed Dating with Vendors at the Summit (00:10:33) Networking and Giving Back: The importance of networking and giving back to the industry. (00:11:55) Raise Your Labor Rate: The undervaluation of the industry and the need to raise labor rates is discussed, with a suggestion to raise rates by $10 and inform other shops in the area. (00:18:24) Importance of Exceptional Customer Service (00:22:27) Coaching methodologies and assessments (00:26:31) Developing Processes: The importance of identifying and documenting processes in a business, and how to start creating processes. (00:28:01) Writing Processes: The process of writing processes, including starting with workflow, identifying lost build hours, and breaking down processes into smaller, manageable steps. (00:31:29) Implementing Processes: The importance of training employees on processes, and how to ensure that processes are being followed correctly. They also emphasize the need for ongoing review and revision of processes. (00:36:25) Selling a Business: The process of selling a business and the importance of having systems and processes in place to make it a sellable business. It is recommended to plan for a period of five to seven years to get the business in shape for sale. (00:37:31) Factors Considered by Buyers: The factors that buyers consider when purchasing a business, including cash flow, property ownership, and profitability over a period of three years. It is important to have consistent growth and profitability over this period to make the business attractive to buyers. (00:39:05) Myths about Coaching: two myths about coaching: that you can't raise your labor rate and that you can't afford a coach. (00:42:09) Improving Net Profit: Ways to improve net profit, including raising labor rates,...

The Credibility Nation Show
Generating Leads, Closing Sales, and Increasing Profitability with Carl Utter (CNS 344)

The Credibility Nation Show

Play Episode Listen Later Apr 28, 2023 5:33


In this episode, Carl Utter talks about helping small businesses establish a growth engine that generates leads, closes sales, and increases profitability. He is the founder of the Training Group Inc. and owner of Carl's Way Works Coaching Systems providing online and offline coaching programs, sales, and client acquisition training. He has provided performance coaching, sales training, and sales force development consulting. He has written and developed numerous programs like “Client Centric Selling”, “5 Ways To Double Your Business Without Making Cold Calls”, and “How to Become the 800lb Gorilla Nobody Wants to Compete With.” If you're in a small business, and you're the top revenue producer and you want to fix that, you're going to want to reach out to Carl Utter at https://www.linkedin.com/in/carl-utter-1468774/ and https://carlswayworks.com/. Mitchell Levy is the Global Credibility Expert at AHAthat, the first AHA leadership (Thought Leadership) platform on the market for thought leaders, experts and companies to unleash their genius to the world. His passion is helping entrepreneurs, business owners and C-Suite Executives get known as thought leaders & become best-selling authors with the AHA platform. He is an accomplished entrepreneur who has created 20 businesses in Silicon Valley including four publishing companies that have published over 800 books. Mitchell is an international best-selling author with 60 business books, has provided strategic consulting to over 100 companies, has advised over 500 CEOs on critical business issues, and has been chairman of the board of a NASDAQ-listed company.Visit https://www.credibilitynation.com to learn more about the Credibility Nation community.Visit https://www.ahathat.com/author to learn how you can become an Amazon best-selling author in 4 months.

Enterprise NOW! Podcast
Ep 297: Maximize Your Business Profitability as a 10-Hour Entrepreneur with Jason Duncan

Enterprise NOW! Podcast

Play Episode Listen Later Apr 28, 2023 31:43


Elzie Flenard sits down with Jason Duncan, a professional business coach, multi-award-winning entrepreneur, and founder of 12 companies. They explore how an entrepreneur can maximize their business profitability while still maintaining a healthy and stress-free lifestyle. Jason shares his journey from pastoral ministry to entrepreneurship, and how he discovered his purpose through self-awareness and understanding the signals from within.They discuss the importance of self-awareness, the dangers of synthetic happiness, and the necessity of change even when it is painful. Jason introduces the concept of the law of open cycles and shares how managing open cycles can reduce stress levels. They also discuss the "hero syndrome" and how it affects every entrepreneur, limiting growth potential for the company and putting unnecessary stress on the individual. Jason shares his four key principles for leaving daily operations and achieving freedom in business: Embrace Delegation, Eliminate Stress, Establish Systems & Processes, and Invest in People.If you're an entrepreneur looking to maximize your business profitability and spend 50% less time in your business while retaining profits, be sure to check out Jason's online course at ExitWithoutExiting.com. Connect with Jason at The Real Jason Duncan to learn more about his programs and how he can help you find your passion and get the results you want out of your life. Tune in for an enlightening conversation and valuable insights into becoming an effective 10-hour entrepreneur!Episode Highlights:08:06 - An alcoholic cannot overcome alcoholism until he or she realizes or is aware that they have a problem with alcohol. Someone addicted to porn, someone addicted to overeating, whatever the addictions or problems in life, you can't overcome it until you're aware of it. So, for me, I've always had pretty good self-awareness, probably to my detriment at times, because I'm overly analyzing what people may think. As a matter of fact, I was talking with one of my best friends this morning. We meet every week for coffee and we're working through the Think and Grow Rich Workbook right now, which by the way, I'd highly recommend everybody to go through. He's a mindset coach. And so, we were going through that today. And one of the things that we read through in the workbook this week was a failure inventory and going through things where you could potentially fail if you don't keep it in check.12:16 - There's always pain in change. It may not be immense pain, but there's some pain in change. I mean, I'm right-handed and brush my teeth on the right hand everyday. But if for some reason my right hand is not available and hurt and I have to brush with my left, that change is painful, and can be because I might hit my gums, or anytime we change, there's pain in it. But when the pain of staying the same outweighs the pain of change, that's when change occurs.23:05 - Well, I think it's just minimizing at the base level. It's just getting your open cycles down to a manageable thing. And then once you realize and understand what causes stress is open cycles, if you start feeling stressed, you know what it's related to and you can do a quick open cycles inventory. Certainly, it doesn't take three hours once you know what you're doing. Because you can go, "What is on my list I need to take care of?" I mean, I've got my date, my planner, right here on the desk next to me, and in this planner, there's a list of 10 or 12 things that I need to get done this week. That's all I do. I just get that one done. Done! Move on to the next one. That's how I manage it.25:16 - There's this thing I refer to as "Hero Syndrome," and the hero syndrome affects every...

Mission Matters Podcast with Adam Torres
Growing a Profitable and Balanced Business

Mission Matters Podcast with Adam Torres

Play Episode Listen Later Apr 28, 2023 34:02


Scaling and maintaining a profitable business is no easy feat. In this episode, Adam Torres interviewed Rob Braiman, CEO, Principal & Managing Member at Cogent Analytics, explore Rob's book, Mission Matters: World's Leading Entrepreneurs Reveal Their Top Tips To Success (Business Leaders Vol. 8, Edition 11), where he writes about “The Pillars of Profitability.”Follow Adam on Instagram at https://www.instagram.com/askadamtorres/ for up to date information on book releases and tour schedule.Apply to be a guest on our podcast:https://missionmatters.lpages.co/podcastguest/Visit our website:https://missionmatters.com/Talking Trading - Expert trading tactics so you can excel in the sharemarket.This is how traders and investors excel.Listen on: Apple Podcasts   Spotify More FREE content from Mission Matters here: https://linktr.ee/missionmattersmedia

The Impeccable Investor Podcast
Why I Ignore My P&L When Trading Credit Spreads

The Impeccable Investor Podcast

Play Episode Listen Later Apr 27, 2023 5:16


Financial Freedom for Physicians with Dr. Christopher H. Loo, MD-PhD
#295 - How to Implement Profit First in Your Business and Prioritize Profitability with Rocky Lalvani (Richer Soul)

Financial Freedom for Physicians with Dr. Christopher H. Loo, MD-PhD

Play Episode Listen Later Apr 27, 2023 16:14


Description: Welcome to the podcast, where we help business owners take control of their finances and prioritize profitability. Join us as we dive into the Profit First system, developed by best-selling author Mike Michalowicz, and learn how to implement it in your business. Our host, Rocky Lalvani, a certified Profit First Professional, shares his expertise and insights on managing cash flow, understanding business finances, and ensuring your business is not just growing, but also profitable. But it's not all about the money at all costs, Rocky emphasizes that people come before money. He shares his inspiring journey of starting with nothing when his parents immigrated to the United States and how he achieved financial and life success despite many challenges along the way, including the passing of his mother when he was just seven years old. In addition to business finances, Rocky also covers topics like creating harmony in life and living the ultimate life, because as he explains, money alone won't make you happy. So tune in to the podcast and start taking the steps towards a more profitable and fulfilling life. To check out, "Profit First" head on over to Amazon: https://amzn.to/3AuQJrx Disclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show. Do your due diligence. Click here to join PodMatch (the "AirBNB" of Podcasting): https://www.joinpodmatch.com/drchrisloomdphd We couldn't do it without the support of our listeners. To help support the show: CashApp- https://cash.app/$drchrisloomdphd Venmo- https://account.venmo.com/u/Chris-Loo-4 Buy Me a Coffee- https://www.buymeacoffee.com/chrisJx Thank you to our sponsor, CityVest: https://bit.ly/37AOgkp Click here to schedule a 1-on-1 private coaching call: https://www.drchrisloomdphd.com/book-online Click here to purchase my books on Amazon: https://amzn.to/2PaQn4p Follow our YouTube channel: https://www.youtube.com/chL1357 Thank you to our advertisers on Spotify. Financial Freedom for Physicians, Copyright 2023

Exhibit (A)ttorney Show
6 Steps to Increasing Profitability featuring Jayden Doye

Exhibit (A)ttorney Show

Play Episode Listen Later Apr 27, 2023 53:48


Jayden Doye, is a business coach and consultant who has helped numerous entrepreneurs and small business owners grow their businesses and increase their bottom line. Together, we will dive into the key strategies and tactics for improving your business's profitability, including tips for reducing costs, increasing revenue, and optimizing your pricing strategies. Jayden will share his insights on the importance of understanding your financial metrics and how to use data to make informed decisions about your business. We will also discuss the benefits of focusing on customer retention and developing a loyal customer base. Whether you're a seasoned business owner or just starting out, this episode is packed with practical advice and actionable insights that you can implement right away to boost your business's profitability.

Money Life with Chuck Jaffe
Freedom ETF's Tolle: Liberty can play a role in profitability

Money Life with Chuck Jaffe

Play Episode Listen Later Apr 26, 2023 64:40


Perth Tolle, founder of Life and Liberty Indexes -- the basis for the Freedom 100 Emerging Markets ETF -- says that companies based in countries run by autocrats are held back in many different ways, not the least of which is that they must compete for the favor of the government and the people in power, rather than being able to focus on serving the market and customers, and that investors who want to avoid much of the headline-making geopolitical risk present globally today from creeping into their portfolio will make freedom a factor in where they invest. Also on the show, forensic accountant Tracy Coenen, introduces us to Jackie and Derrick, the main characters in her book 'Find Me the Money,' and discusses financial dishonesty and the breakdown of joint financial control in marriage. Plus, former Wall Street Journal personal finance columnist Jonathan Clements -- now the editor at HumbleDollar.com -- discusses his new book, 'My Money Journey: How 30 People Found Financial Freedom and You Can Too,' and in the Market Call, Matt Lockridge, head of U.S. value for Westwood Holdings talks about finding the right kind of underpriced stocks to benefit from current market conditions.

NARPM Radio
Maximizing Profitability in Property Management with Jordan Muela

NARPM Radio

Play Episode Listen Later Apr 26, 2023 43:27


In this episode we call “Maximizing Profitability in Property Management with Jordan Muela," NARPM® Radio host Pete Neubig interviews Jordan Muela, CEO of LeadSimple, a thought leader in the properyty-management industry. Jordan shares his journey from lead generation to workflow technology and offers insights on the future of the industry. Find out how the economy might impact your business and learn the best ways to increase profitability. This episode will leave you inspired and motivated to take your property management game to the next level!

ceo maximizing profitability property management pete neubig jordan muela leadsimple
Inner Design: Entrepreneurial Life and Design from the Inside Out
Inner Design - Episode 31: Top Reasons WHY Interior Design Affects Profitability

Inner Design: Entrepreneurial Life and Design from the Inside Out

Play Episode Listen Later Apr 26, 2023 7:21


Interior design is a tangible representation of your practice. In this episode, we share why it matters, and how it can affect your success. If you enjoyed this episode, please consider subscribing to my channel on iTunes, SoundCloud, or Google Podcasts so you'll be the first to know about new episodes.

DTC POD: A Podcast for eCommerce and DTC Brands
#272: Scout Brisson, CEO De Soi: Building Brand With Katy Perry & Taking Non-Alc Mainstream

DTC POD: A Podcast for eCommerce and DTC Brands

Play Episode Listen Later Apr 25, 2023 47:56


On this episode of DTC POD, Scout joins Blaine to dive into the world of branding, marketing, and entrepreneurship. We talk about Katy Perry's involvement in building her flagship non-alcoholic beverage brand, as well as exploring the lasting trend of health and wellness driving consumer behavior, the importance of social media presence, and the impact of beverage sales in-store. We learn about De Soi's scrappy approach to working with brand ambassadors, finding product-market fit in their direct-to-consumer (DTC) business, and their focus on efficient and sustainable growth.[00:03:16] Learnings from consulting generalist to startup.[00:06:22] Katy Perry + Morgan McLachlan create De Soi.[00:10:36] Health and wellness trends & sober curiosity.[00:16:02] Katy's role in brand development[00:20:03] De Soi's DTC launch, media features.[00:24:54] Strategy: DTC, wholesale, and social media.[00:31:40] Target audience and location for branding.[00:34:33] Leveraging Brand ambassadors & events.[00:37:43] Navigating fundraising and strategy.[00:41:39] Shift to efficient, sustainable growth and profitability.Building A Brand With Katy Perry: "It's been really important to us along the way that De Soi is its own brand. It's a brand that resonates with Katie and her personal values, whether that's celebration and fun, if it's empowerment, if it's wellness, but that it also stands on its own because at the end of the day, it is De Soi."— Scout Brisson 16:02Could Alcohol Disappear Forever?: "Our consumers have they've gone to almond milk and then to oat milk and then back. They're looking at all of these decisions across the board of things that they're consuming or that they're buying, and they're saying, what is the better option? And so when you look at people talk a lot about, at least in my bubble, right, that Gen Z is a generation that just drinks so differently than even millennials or our parents generations. But I'd say millennials and Gen Z are driving this trend of people just drinking less and less every year."— Scout Brisson 10:36A Nightmare Trend For Booze Companies "but knowing that you want something that feels really indulgent in the moment, but you're pairing this inner and outer wisdom of okay, I want something that tastes really good, hits that sweet tooth, feels very satisfying, but is also going to make me feel physically well afterward."— Scout Brisson 4:00 Shownotes powered by Castmagic Episode brought to you by Finaloop, the real-time accounting service trusted by hundreds of DTC Brands. Try Finaloop free - no credit card required. Visit finaloop.com/dtcpod and get 14 days free and a 2-month P&L within 24 hours.Past guests & brands on DTC Pod include Gilt, PopSugar, Glossier, MadeIN, Prose, Bala, P.volve, Ritual, Bite, Oura, Levels, General Mills, Mid Day Squares, Prose, Arrae, Olipop, Ghia, Rosaluna, Form, Uncle Studios & many more.Additional episodes you might like:• #175 Ariel Vaisbort - How OLIPOP Runs Influencer, Community, & Affiliate Growth• #184 Jake Karls, Midday Squares - Turning Your Brand Into The Influencer With Content• #205 Kasey Stewart: Suckerz- - Powering Your Launch With 300 Million Organic Views• #219 JT Barnett: The TikTok Masterclass For Brands• #223 Lauren Kleinman: The PR & Affiliate Marketing Playbook• ​​​​#243 Kian Golzari - Source & Develop Products Like The World's Best Brands-----Have any questions about the show or topics you'd like us to explore further?Shoot us a DM; we'd love to hear from you.Want the weekly TL;DR of tips delivered to your mailbox?Check out our newsletter hereFollow us for content, clips, giveaways, & updates!DTCPod InstagramDTCPod TwitterDTCPod TikTokScout Brisson - CEO of De SoiRamon Berrios - CEO of Trend.ioBlaine Bolus - Co-Founder of Seated

The Impeccable Investor Podcast
How To Trade Credit Spreads For Weekly Income In 20 Minutes

The Impeccable Investor Podcast

Play Episode Listen Later Apr 25, 2023 19:49


Unpacking the Digital Shelf
Profitability Month Q&A, with Chris Perry, Chief Learning Officer at firstmovr

Unpacking the Digital Shelf

Play Episode Listen Later Apr 24, 2023 45:44


As we bring Profitability Month to a close, we wanted to hear what was on your mind. Our DSI members threw a bunch of toughies our way! So we brought Chris Perry, Chief Learning Officer at firstmovr, back on the pod to dive into the mindshift and metrics shift required to achieve both efficiency and effectiveness across the entire business on the road to increased profitability.

True Transformation Podcast
Making Taxes Easy with Ron Caruthers

True Transformation Podcast

Play Episode Listen Later Apr 24, 2023 81:55


In this podcast episode, Josiah Novak talks with with Ron Caruthers, a tax coach, on how to manage taxes and create wealth for his business. They discuss the basics of tax management and how to take advantage of tax laws to increase revenue. They cover topics such as understanding tax rates, different business structures, keeping accurate records, and taking advantage of legitimate business expenses. They also emphasize the importance of being audit-ready and shifting the mindset from taxes to wealth creation. Overall, the episode provides valuable insights for new business owners on tax management and wealth creation.TIME STAMPS: Resistance to Taxes [00:00:06] Josiah and Ron discuss the resistance that comes with taxes and how to reframe it as wealth creation.Importance of Tax Management [00:02:15] Ron emphasizes the importance of tax management for business owners, especially as the business matures, and how it can bring money back into the business.Foundational Tax Planning [00:04:28] Josiah and Ron discuss the basics of tax planning and where to start with creating a wealth creation plan that includes tax management.Understanding the Tax Code [00:05:33] Josiah and Ron discuss the complexity of the tax code and how to stay updated on changes.Marginal vs Effective Tax Rates [00:07:46] Ron explains the difference between marginal and effective tax rates and how they affect tax planning.Taxation of the Rich [00:08:45] Ron debunks the myth that the rich don't pay their fair share of taxes and explains the revenue they generate for the country.Understanding Tax Brackets [00:10:19] Ron and Josiah discuss the basics of tax management, including understanding marginal and effective tax rates and the impact of living in high tax states.Compliance vs Tax Planning [00:12:51] Ron explains the difference between compliance and tax planning, emphasizing the importance of forward-looking strategies to legally lower taxes, especially for business owners.CPAs and Tax Planning [00:14:47] Ron warns against assuming that CPAs have covered all tax planning strategies and encourages proactive meetings to save money, or self-research for those who enjoy it.Entity Structure [00:16:32] Ron explains the importance of testing business ideas as a sole proprietorship before incorporating and recommends LLCs taxed as S corporations for profitable businesses.S Corporation [00:20:02] Ron discusses the benefits of S corporations and management companies for businesses making consistent sales of 500k to 1 million.Taxes and Profitability [00:21:47} Ron advises a pool contractor on how to reduce taxes by incorporating as an S corporation and explains the importance of seeking advice on tax management.LLC as Vanilla Ice Cream [00:22:51] Ron compares LLC to vanilla ice cream and explains how it can be taxed as a disregarded entity.IRS Refund Delay [00:25:27] Ron and Josiah Novak discuss the delay in IRS refunds and the need for more agents to answer phones.Fear of Audit [00:26:41] Ron addresses the fear of audits and how it affects business owners' tax planning decisions.Auditing and Reasonable IRS Agents [00:27:20] Discussion on the audit rate and how the IRS is reasonable and can be reasoned with.Dealing with the IRS [00:28:36] The importance of being nice to the IRS and how it can help resolve tax issues.Paper Audits and Revenue Officers [00:31:24] Explanation of paper audits and how the IRS can conduct audits without kicking down doors with guns drawn.Keeping Good Records [00:32:31] Ron explains the importance of keeping good records for...

The Impeccable Investor Podcast
How I Trade Over Extended Markets Using My Credit Spreads Options Strategy - 95% Win Rate

The Impeccable Investor Podcast

Play Episode Listen Later Apr 20, 2023 5:31


Talking Pools Podcast
Profitability Ratios

Talking Pools Podcast

Play Episode Listen Later Apr 19, 2023 27:02


This is the one where Heather stresses profits and gives some tips on how to increase them. Take our 2-minute listener survey! Help us to provide you with more of the content you want to hear. Take our quick 2-minute survey!Support the show

SLOW FLOWERS with Debra Prinzing
Episode 606: The Profitability Sweet Spot for Selling to Wholesale Florists with Jessie Witscher of Vermont's Understory Farm  

SLOW FLOWERS with Debra Prinzing

Play Episode Listen Later Apr 19, 2023 48:23


Last month I participated in the Spring Educational and Workshop Series presented by Green Mountain Floral Supply in Burlington, Vermont. It was a Slow Flowers love fest, bringing me together with Tom and Kim Jennings, owners of Green Mountain; Jayson Munn, seminar coordinator; Holly Chapple, who taught floral design and business workshops for three days; […] The post Episode 606: The Profitability Sweet Spot for Selling to Wholesale Florists with Jessie Witscher of Vermont’s Understory Farm   appeared first on Slow Flowers Podcast with Debra Prinzing.

Business of Design ™ | Interior Designers, Decorators, Stagers, Stylists, Architects & Landscapers

Profitability per project is a vital metric for the successful design professional. Whether you work on an hourly fee or flat fee basis, knowing which projects and which categories of goods are profitable, can direct sourcing options, marketing efforts, and long-term plans for success. In this episode we learn: - profitability per project should be looked at in two ways—product and design hours (time) - tracking time allows you to verify the validity of your fee structure - every employee has a 'cost' to the bottom line, which should be recouped - fixed and hourly fee projects require analysis of resources (including time) to understand if the goal of the work has been achieved - having a true understanding of the hours worked per project (billable and non-billable), allows you to accurately measure profit based on time It's time to take control of your business. Become a member of Business of Design®, today: https://businessofdesign.com/?ref=2&campaign=podcast

How Did They Do It? Real Estate
SA675 | Probate 101: Profitability and Branding Necessities with Sharon Vornholt

How Did They Do It? Real Estate

Play Episode Listen Later Apr 18, 2023 22:15


Have you ever wondered what happens to real estate properties when their owner passes away? Catch Sharon Vornholt as she talks about her expertise in probates, asset buying, lead generation, branding, and marketing. Hit that play button to learn all these and more!Key Takeaways to Listen forProbate: What it is, its processes, and how it benefits sellersHow to find and acquire probate properties in your area Effective tips on how to approach a negotiation about probate propertiesThe profitable aspect of probate propertiesBest real estate branding and marketing ideas for investorsResources Mentioned in This EpisodeChat OpenAIGet Different by Mike Michalowicz | Hardcover and KindleFree Apartment Syndication Due Diligence Checklist for Passive InvestorAbout Sharon VornholtSharon is the owner of Innovative Property Solutions in Louisville, KY. She began investing in 1998 and was originally a rehabber and a buy And hold landlord. However, when the market crashed in 2008, she became an “accidental wholesaler.” Sharon loves helping real estate investors build profitable businesses by specializing in off-market deals. She is also passionate about empowering and educating women interested in real estate investing. Connect with SharonBlog: Louisville Gals Real Estate BlogEmail: sharon@sharonvornholt.comTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams

The Impeccable Investor Podcast
Revealing My Credit Spreads Options Strategy w/ A 94% Win Rate - Step By Step

The Impeccable Investor Podcast

Play Episode Listen Later Apr 18, 2023 6:38


Studio Sherpas
329. Creating Work That Gets Seen with Brice Gump

Studio Sherpas

Play Episode Listen Later Apr 17, 2023 49:35


Today on the show we demystify the confusing world of video advertising with entrepreneur and advertising expert Brice Gump! With so much noise on the internet you need a solid plan if you want your work to be seen. The work you provide for clients is no exception to this. How your clients present your work not only affects their business, but it also affects yours. This is why it is so important to consider video advertising not only for your business but for your clients as well.  In this conversation we dive into some of the big picture and granular wisdom that Brice has gained over years of effective advertising. We also brainstorm some ways that you can get involved in the video ad marketing of your clients without it becoming a burden to your business. Don't let your work get lost in the abyss, be creative and make it stand out! Key Takeaways Create a solid distribution plan for your content so it doesn't get lost in the noise. Use multiple hooks to promote the same content. Explore different revenue streams that can greatly impact your business with little effort. Partner with ad agencies to help your client succeed and utilize your product to it's fullest potential. About Brice Gump Brice is an entrepreneur and advertising expert born and raised in Texas, although these days you can actually find him living aboard in Barcelona Over the last 10 years he's worked with dozens of businesses in all different industries to generate tens of thousands of leads and millions of dollars in sales online. Today he runs a marketing agency that helps online experts leverage video marketing to grow their business. In This Episode  [00:00] Welcome to the show! [06:45] Meet Brice Gump [11:20] Basic formula for video ad success [13:55] Creatively hooking an audience [19:49] Offering video ad distribution as a video production business [25:35] Turning brand films into effective video ads [30:02] Structuring a business to be ad friendly [32:18] Helping your client succeed beyond your product [35:24] Targeting ads for specific platforms [38:19] Best practices when partnering with ad agencies [41:04] Final thoughts [47:44] Connect with Brice [48:41] Outro Quotes “We would all have incredibly successful businesses if the videos that we created for our clients got the exposure that they deserved.” [10:55] - Ryan Koral “There's so much noise out there that if you don't have a really solid distribution plan, there's a very good chance you could invest a lot of time and resources and energy into making something, and it just doesn't go anywhere.” [12:56] - Brice Gump “So just a word of caution. Just because there is an opportunity for money doesn't mean that it's best suited for how your business is set up.” [24:27] - Ryan Koral Links  Sign up for the Profit Accelerator live workshop Get the The Lead Machine: Website Checklist for Filmmakers FREE Workshop Available "How to Consistently Earn Over $100k Per Year in Video Production While Working Less Than 40 Hours Per Week" Join the Grow Your Video Business Facebook Group  Find Brice Gump online Get the free tool: Webinar Conversion Rate Calculator  Follow Brice Gump on Instagram | YouTube | Twitter Follow Ryan Koral on Instagram Follow Grow Your Video Business on Instagram What's your question for the podcast? Share a video or audio response! Check out the full show notes page If you haven't already, we'd love it if you would take 1 minute to leave us a review on iTunes!

Unpacking the Digital Shelf
How Effective Revenue Growth Management is the Key to Unlocking Omnichannel Profitability, with Peter Leech & Jamie Dooley from The Partnering Group

Unpacking the Digital Shelf

Play Episode Listen Later Apr 17, 2023 38:19


The complexity of driving maximum profitability as an omnichannel brand is stunning. Sales or channel managers today are not just taking orders, they are owning a P&L for their piece of the business, and they need help. For many organizations, that is a Revenue Growth Management function, or RGM. We brought back Jamie Dooley from The Partnering Group and his colleague Peter Leech, who is the Managing Director of Retail and Omnichannel Commerce at TPG, for Part 3 of Profitability Month to do a deep dive on this function and some case studies on how it is driving meaningful cross-functional alignment and business shifts toward sustainable, maximum profitability.