Today with Vita Vygovska:

Welcome to Window Treatments for Profit. In today's epidose, Vita talks about the importance of having monthly meetings with your bookkeeper to review your financial statements and performance. She explains the steps and details involved in going through the Profit and Loss statement, the Cost of Goods Sold, the operational expenses, and the net income.

Vita's Ah-Ha Moments:

“Gross margin—the difference between revenue and cost of goods sold—is a pivotal metric. Aiming for 60-65% is the goal, and comparing this to last year’s performance guides us on the right track.” -Vita

“Whether you’re a solopreneur or managing a team, it’s essential to account for your salary as part of operating expenses.” -Vita

More About Vita Vygovska:

Vitalia Vygovska (Vita for short!), CWFP, MBA, is an award-winning window treatment specialist, author, speaker, and the LuAnn University instructor for Systems Driven Operations.

Connect with Vita Vygovska

Website

Instagram 

Facebook 

Pinterest

YouTube

LinkedIn

Our Favorite Links

Madeleine MacRae's Home Pro Toolbox

Windowworksnj.com

Vitalia Inc.

Exciting Windows

What’s new with LuAnn Nigara

LuAnn University - Registration is now OPEN for the Winter 2024 semester!

Watch the Docuseries!

http://www.luannnigara.com/cob

Purchase LuAnn’s Books Here:

Book 1: The Making of A Well – Designed Business: Turn Inspiration into Action

Audiobook: The Making of A Well – Designed Business: Turn Inspiration into Action

Book 2: A Well-Designed Business – The Power Talk Friday Experts

Book 3: A Well-Designed Business – The Power Talk Friday Experts Volume 2

Connect with LuAnn Nigara

LuAnn’s Website

LuAnn’s Blog

Power Talk Friday

Like Us: Facebook | Tweet Us: Twitter | Follow Us: Instagram | Listen Here: Podcast