Badass Business Owners: Tips for Small Businesses Serving their Communities

Use Your P&L Statement to Hit Your Profit Goal

Have a Profit Goal? Figure Out Your Sales Goal to Hit It! Your Profit & Loss Income Statement has some great stuff to help you hit the profit goals of your business. By just using the percentages from your sales, COGS, expenses, and profit, you can work backward and determine what sales you need and what your COGS & expenses will typically run to hit that goal. We will even walk through an example so you can see how easy it is.

How crazy would it be to know exactly what you need to do to hit the profit goals you have! Don't just survive, time to thrive!

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The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in personal income. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.

HELPFUL LINKS

• The Know Your Business Numbers Course
• Youtube Channel – Training for Local Small Business Owners
• Join the Badass Local Small Business Owners Facebook Group!
• Email me at [email protected]
• Visit the Local Small Business Coach website
• Get Your FREE eBook -8 Steps to Increasing Your Profits in Your Local Small Business

WHO THIS PODCAST IS FOR:

local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams

Stop Blaming Your Competition!

It's Not Your Competitions Fault You Lack Business. There is plenty of pie to go around. The slices are so thin, yet we want to think that our competition is hogging up the entire thing, so we hop in our car and try and build the business in other areas that has just as much if not more competition! It is crazy.

Let's discuss what you can learn from your competition and how you can use them to improve your business.

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The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in personal income. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.

HELPFUL LINKS

• The Know Your Business Numbers Course
• Youtube Channel – Training for Local Small Business Owners
• Join the Badass Local Small Business Owners Facebook Group!
• Email me at [email protected]
• Visit the Local Small Business Coach website
• Get Your FREE eBook -8 Steps to Increasing Your Profits in Your Local Small Business

WHO THIS PODCAST IS FOR:

local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams

Profits First and Why

Why settle for what is left at the end of the month? You are doing it all backward. What if you could pay yourself first and then figure out what you need to run the business? Today we dive into why you want to start thinking Profits First and what bank accounts can help you stay on track.

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The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in personal income. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.

HELPFUL LINKS

• The Know Your Business Numbers Course
• Youtube Channel – Training for Local Small Business Owners
• Join the Badass Local Small Business Owners Facebook Group!
• Email me at [email protected]
• Visit the Local Small Business Coach website
• Get Your FREE eBook -8 Steps to Increasing Your Profits in Your Local Small Business

WHO THIS PODCAST IS FOR:

local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams

Stop Being a Victim of Your Success

Have you grown your business to a point where you feel like you are failing? That no matter how much you do in sales you can't seem to get out of a hole you have put yourself in? Maybe you have just realized that something has to give in order for you not to break.

If this sounds familiar, the odds are, you are suffering from what I like to call, being a victim of your success.

What does this look like and how can you turn the ship? Let's discuss.

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The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in personal income. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.

HELPFUL LINKS

• The Know Your Business Numbers Course
• Youtube Channel – Training for Local Small Business Owners
• Join the Badass Local Small Business Owners Facebook Group!
• Email me at [email protected]
• Visit the Local Small Business Coach website
• Get Your FREE eBook -8 Steps to Increasing Your Profits in Your Local Small Business

WHO THIS PODCAST IS FOR:

local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams

Credit or Cash for that Purchase?

Before you go purchasing that new equipment or investing in that new advertising, and going into debt, you need to figure out how long till the debt is repaid? By using your business numbers, you can figure out how many jobs you will need to just breakeven. Your goal should always be to be as debt-free as possible and today we will discuss why and how.

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The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in personal income. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.

HELPFUL LINKS

• The Know Your Business Numbers Course
• Youtube Channel – Training for Local Small Business Owners
• Join the Badass Local Small Business Owners Facebook Group!
• Email me at [email protected]
• Visit the Local Small Business Coach website
• Get Your FREE eBook -8 Steps to Increasing Your Profits in Your Local Small Business

WHO THIS PODCAST IS FOR:

local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams

Your Strengths vs Weaknesses in Business

We all have things we are really good at and some things in our business that we aren't so great at. Some will tell you to work on your weakness and make them a strength. But what if you could improve them enough to be dangerous and then have others that pick up the ball and run with it? How can you leverage your weaknesses to your advantage?

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The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in personal income. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.

HELPFUL LINKS

• The Know Your Business Numbers Course
• Youtube Channel – Training for Local Small Business Owners
• Join the Badass Local Small Business Owners Facebook Group!
• Email me at [email protected]
• Visit the Local Small Business Coach website
• Get Your FREE eBook -8 Steps to Increasing Your Profits in Your Local Small Business

WHO THIS PODCAST IS FOR:

local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams

Income (P/L) Statement Coaching Lessons

This past week I have had multiple coaching sessions with small business owners on their Income (P&L) Statements. There have been some themes that all of you will want to keep in mind on your journey of learning more about how to read your profit and loss statement.

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The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in personal income. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.

HELPFUL LINKS

• The Know Your Business Numbers Course
• Youtube Channel – Training for Local Small Business Owners
• Join the Badass Local Small Business Owners Facebook Group!
• Email me at [email protected]
• Visit the Local Small Business Coach website
• Get Your FREE eBook -8 Steps to Increasing Your Profits in Your Local Small Business

WHO THIS PODCAST IS FOR:

local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams

Are Leads from Thumbtack, Home Advisor, & Angie's List Worth It?

Have you thought about using a paid lead service like Thumbtack, Home Advisor or Angie's List? You aren't alone.

Recently I had a request for my two cents on the topic to I asked for the pros and cons in a couple of big Facebook groups and in this episode, I share the feedback.

Folks had some serious passion around the subject and some common themes.

If you are thinking about trying them, you might want to take a listen.

Tammy

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The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in personal income. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.

HELPFUL LINKS

• The Know Your Business Numbers Course
• Youtube Channel – Training for Local Small Business Owners
• Join the Badass Local Small Business Owners Facebook Group!
• Email me at [email protected]
• Visit the Local Small Business Coach website
• Get Your FREE eBook -8 Steps to Increasing Your Profits in Your Local Small Business

WHO THIS PODCAST IS FOR:

local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams

Bookkeeping is the Past but Key to the Future

When you look at your bookkeeping numbers, you are looking at the past. Past sales, past receipts, etc. While they are the past, they are key to discovering changes you can make within your business to be even more profitable.

In this episode, we go over a few examples that you might catch by looking at your numbers and hopefully inspire you to take a look at yours!

Using the Past Numbers to Identify Potential Profits & Sales

By the way, don't forget to check out the - Know Your Business Numbers Course

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The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in personal income. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.

HELPFUL LINKS

• The Know Your Business Numbers Course
• Youtube Channel – Training for Local Small Business Owners
• Join the Badass Local Small Business Owners Facebook Group!
• Email me at [email protected]
• Visit the Local Small Business Coach website
• Get Your FREE eBook -8 Steps to Increasing Your Profits in Your Local Small Business

WHO THIS PODCAST IS FOR:

local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams

7 Ways to Scale Your Business

Looking to scale your business? Then here are 7 ways in which you can do it. While they aren't the only ways, they are great buckets to start with.

In addition to discussing ways you can scale your business; we will also discuss 8 ways to be prepared for the growth.

By the way, don't forget to check out the - Know Your Business Numbers Course

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The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in personal income. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.

HELPFUL LINKS

• The Know Your Business Numbers Course
• Youtube Channel – Training for Local Small Business Owners
• Join the Badass Local Small Business Owners Facebook Group!
• Email me at [email protected]
• Visit the Local Small Business Coach website
• Get Your FREE eBook -8 Steps to Increasing Your Profits in Your Local Small Business

WHO THIS PODCAST IS FOR:

local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams