Be a PROFITABLE Badass Small Business Owner

Ten years. 740 episodes. And for now, it's time to put the podcast on pause.

In this episode, I want to take you back through the journey that brought me here. From leaving corporate America and buying an ice cream shop just before the 2008 crash, to discovering how many small business owners were making decisions without understanding their numbers, to launching the Local Small Business Coach podcast in 2016.

Over the years, the podcast evolved. We became Badass Business Owners. We talked about sales, pricing, customers, employees, business mistakes and, more than anything, how to build a more profitable business.

Along the way, my own life and businesses evolved too.

I've reached a point where I need to create some space to figure out what's next. I want to get back to creating more tools, training and videos that can actually show you how to understand your Profit & Loss, use your business numbers and make better decisions.

So this isn't really goodbye.

The podcast is going on hold, but the mission isn't.

I still want to help small business owners understand their numbers, grow their profits and build businesses that support the lives they want to live.

Thank you for listening, watching, reaching out, becoming clients, sharing your stories and letting me be part of your journey over these past ten years.

Go kick some serious ass.

And remember: it's not just about the top line. It's what happens at the bottom line that matters.

I'll see you again.

Tammy

-----------------------------

DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS

👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com

NEED A BOOKKEEPER?

👉 Check out BABO Bookkeeping. https://babobookkeeping.com Yep! We can help you do your bookkeeping so you can focus on growing your business!

CONTACT ME:

👉 Bookkeeping for Your Business: [email protected]

WATCH VIDEOS:

👉 Watch on the Youtube Channel - Plus EXTRA TRAININGS on there: https://www.youtube.com/@BadassBusinessOwners

-----------------------------

TOOLS TO HELP YOU RUN A BETTER BUSINESS

Recommended Bookkeeping:

👉 The #1 Tool You Need: Quickbooks Online - https://babolearning.com/quickbooks You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments

-----------------------------

Books I Recommend to Help You Take Your Business to the Next Level

👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC

👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR

👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8

👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m

👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS

👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7

👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi

----------------------------

👉 DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better

👉 DISCLAIMER: I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I'm sharing my experiences with my businesses and those I have worked for and/or helped coach.

✏️ Your Profit & Loss is the report card for your business.

If you're making decisions based only on your bank balance, you're missing one of the most powerful tools available to you. Learn what a P&L is, why it matters, and how it can help you build a more profitable business.

🔑 Key Takeaways

• Your P&L is the report card for your business.
• A bank balance doesn't tell you whether you're profitable.
• Your P&L follows a simple flow: Sales - Cost of Goods - Expenses = Profit.
• Gross profit is not the same as your final profit.
• Looking monthly helps you identify trends and problems.
• Your P&L helps answer whether you can afford to hire, spend, or invest.
• Profit and cash flow are connected, but they aren't the same thing.
• Good bookkeeping gives you numbers you can actually use.
• You don't need to become an accountant. You need to become a business owner who understands their numbers.
• What matters isn't that you didn't know this before. It's what you do next.

-----------------------------

DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS

👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com

NEED A BOOKKEEPER?

👉 Check out BABO Bookkeeping. https://babobookkeeping.com Yep! We can help you do your bookkeeping so you can focus on growing your business!

CONTACT ME:

👉 Bookkeeping for Your Business: [email protected]

WATCH VIDEOS:

👉 Watch on the Youtube Channel - Plus EXTRA TRAININGS on there: https://www.youtube.com/@BadassBusinessOwners

-----------------------------

TOOLS TO HELP YOU RUN A BETTER BUSINESS

Recommended Bookkeeping:

👉 The #1 Tool You Need: Quickbooks Online - https://babolearning.com/quickbooks You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments

-----------------------------

Books I Recommend to Help You Take Your Business to the Next Level

👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC

👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR

👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8

👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m

👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS

👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7

👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi

----------------------------

👉 DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better

👉 DISCLAIMER: I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I'm sharing my experiences with my businesses and those I have worked for and/or helped coach.

Time isn't your biggest problem.

The way you're using it is.

Learn how theme days and Financial Fridays can help you stop reacting and start building a more profitable business.

🔑 Key Takeaways

• There is no perfect time management system.
• Theme days help you focus on the parts of your business you've been neglecting.
• Financial Fridays create dedicated time for your numbers and planning.
• Time blocking only works if you protect it.
• Working on your business is just as important as working in it.
• Small, consistent improvements beat waiting for the "perfect time."
• Better systems today create more freedom tomorrow.
• You don't need more hours. You need better habits.

-----------------------------

DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS

👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com

NEED A BOOKKEEPER?

👉 Check out BABO Bookkeeping. https://babobookkeeping.com Yep! We can help you do your bookkeeping so you can focus on growing your business!

CONTACT ME:

👉 Bookkeeping for Your Business: [email protected]

WATCH VIDEOS:

👉 Watch on the Youtube Channel - Plus EXTRA TRAININGS on there: https://www.youtube.com/@BadassBusinessOwners

-----------------------------

TOOLS TO HELP YOU RUN A BETTER BUSINESS

Recommended Bookkeeping:

👉 The #1 Tool You Need: Quickbooks Online - https://babolearning.com/quickbooks You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments

-----------------------------

Books I Recommend to Help You Take Your Business to the Next Level

👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC

👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR

👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8

👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m

👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS

👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7

👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi

----------------------------

👉 DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better

👉 DISCLAIMER: I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I'm sharing my experiences with my businesses and those I have worked for and/or helped coach.

✏️ Short Description

Profit and cash flow are not the same thing.

Learn why your business can be profitable on paper but still have no money in the bank, and what you can do to fix it.

🔑 Key Takeaways

• Profit and cash flow measure two different things.
• A profitable business can still run out of cash.
• Debt payments reduce available cash, even after expenses are recorded.
• Personal spending from the business account destroys cash flow.
• Seasonal businesses must plan for slow months.
• Large annual expenses should be planned for throughout the year.
• Cash flow problems usually begin months before they become obvious.
• A financial plan is just as important as making a profit.

-----------------------------

DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS

👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com

NEED A BOOKKEEPER?

👉 Check out BABO Bookkeeping. https://babobookkeeping.com Yep! We can help you do your bookkeeping so you can focus on growing your business!

CONTACT ME:

👉 Bookkeeping for Your Business: [email protected]

WATCH VIDEOS:

👉 Watch on the Youtube Channel - Plus EXTRA TRAININGS on there: https://www.youtube.com/@BadassBusinessOwners

-----------------------------

TOOLS TO HELP YOU RUN A BETTER BUSINESS

Recommended Bookkeeping:

👉 The #1 Tool You Need: Quickbooks Online - https://babolearning.com/quickbooks You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments

-----------------------------

Books I Recommend to Help You Take Your Business to the Next Level

👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC

👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR

👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8

👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m

👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS

👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7

👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi

----------------------------

👉 DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better

👉 DISCLAIMER: I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I'm sharing my experiences with my businesses and those I have worked for and/or helped coach.

When sales slow down, many business owners think the answer is to expand into a new market, add new services, or even start a second business.

But what if that's exactly the wrong move?

In this episode, I explain why chasing the next opportunity often hurts the business that's already making you money. We talk about the hidden costs of expanding too early, why most businesses haven't even scratched the surface of their current market, and how staying focused can lead to greater profits than constantly chasing something new.

Before you start another business, add another service, or expand into a new area, listen to this episode.

Sometimes the fastest way to grow is to stop chasing and start dominating.

-----------------------------

DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS

👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com

NEED A BOOKKEEPER?

👉 Check out BABO Bookkeeping. https://babobookkeeping.com Yep! We can help you do your bookkeeping so you can focus on growing your business!

CONTACT ME:

👉 Bookkeeping for Your Business: [email protected]

WATCH VIDEOS:

👉 Watch on the Youtube Channel - Plus EXTRA TRAININGS on there: https://www.youtube.com/@BadassBusinessOwners

-----------------------------

TOOLS TO HELP YOU RUN A BETTER BUSINESS

Recommended Bookkeeping:

👉 The #1 Tool You Need: Quickbooks Online - https://babolearning.com/quickbooks You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments

-----------------------------

Books I Recommend to Help You Take Your Business to the Next Level

👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC

👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR

👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8

👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m

👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS

👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7

👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi

----------------------------

👉 DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better

👉 DISCLAIMER: I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I'm sharing my experiences with my businesses and those I have worked for and/or helped coach.

If you had the chance to buy your own business today... would you?

In this episode, I share one of my favorite coaching exercises that helps business owners step out of the daily grind and see their business through a completely different lens.

Imagine you're buying your business from someone else. What would you notice? Would the financials give you confidence? Would the customer experience impress you? Would your employees, systems, inventory, and processes make you excited to invest?

This simple exercise helps you stop making excuses and start identifying opportunities. You'll learn how to evaluate your business objectively, uncover hidden weaknesses, and use your business numbers to make smarter decisions that lead to more profit.

Sometimes the biggest breakthrough comes from looking at your business with fresh eyes.

🔑 Key Takeaways

• Step out of the daily grind and evaluate your business objectively.
• Pretend you're buying your business and look for opportunities.
• Stop making excuses and focus on facts.
• Review your customer experience from start to finish.
• Evaluate your employees, systems, and processes.
• Your Profit & Loss tells the real story of your business.
• Small observations can lead to big improvements.
• Great business owners regularly work on their business, not just in it.

-----------------------------

DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS

👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com

NEED A BOOKKEEPER?

👉 Check out BABO Bookkeeping. https://babobookkeeping.com Yep! We can help you do your bookkeeping so you can focus on growing your business!

CONTACT ME:

👉 Bookkeeping for Your Business: [email protected]

WATCH VIDEOS:

👉 Watch on the Youtube Channel - Plus EXTRA TRAININGS on there: https://www.youtube.com/@BadassBusinessOwners

-----------------------------

TOOLS TO HELP YOU RUN A BETTER BUSINESS

Recommended Bookkeeping:

👉 The #1 Tool You Need: Quickbooks Online - https://babolearning.com/quickbooks You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments

-----------------------------

Books I Recommend to Help You Take Your Business to the Next Level

👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC

👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR

👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8

👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m

👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS

👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7

👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi

----------------------------

👉 DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better

👉 DISCLAIMER: I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I'm sharing my experiences with my businesses and those I have worked for and/or helped coach.

Hiring your next employee might be the best decision you ever make... or one of the most expensive mistakes.

In this episode, we break down the two questions every business owner needs to answer before adding another person to the team:

1. Do you truly need the help?
2. Can your business actually afford it?

We discuss why hiring won't fix an unprofitable business, how to know when your current team is being underutilized, and why adding another employee often masks training, leadership, or process problems.

We also cover the difference between employees and subcontractors, when outsourcing makes more sense than hiring, and how every new hire should help create more sales, more profit, or free you up to work on growing the business.

If you're thinking about making your first hire or adding to your team, this episode will help you make that decision with confidence.

🔑 Key Takeaways

• Hiring should be driven by profit, not panic.
• Ask two questions before every hire: Do I need them? Can I afford them?
• Hiring another person won't fix broken systems or poor management.
• A profitable business should come before rapid growth.
• Train and develop your current team before adding more people.
• Outsourcing may be a better option than hiring in-house.
• Every employee should either generate revenue or free you up to generate more revenue.
• Great leaders build productive teams, not just bigger teams.

-----------------------------

DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS

👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com

NEED A BOOKKEEPER?

👉 Check out BABO Bookkeeping. https://babobookkeeping.com Yep! We can help you do your bookkeeping so you can focus on growing your business!

CONTACT ME:

👉 Bookkeeping for Your Business: [email protected]

WATCH VIDEOS:

👉 Watch on the Youtube Channel - Plus EXTRA TRAININGS on there: https://www.youtube.com/@BadassBusinessOwners

-----------------------------

TOOLS TO HELP YOU RUN A BETTER BUSINESS

Recommended Bookkeeping:

👉 The #1 Tool You Need: Quickbooks Online - https://babolearning.com/quickbooks You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments

-----------------------------

Books I Recommend to Help You Take Your Business to the Next Level

👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC

👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR

👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8

👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m

👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS

👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7

👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi

----------------------------

👉 DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better

👉 DISCLAIMER: I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I'm sharing my experiences with my businesses and those I have worked for and/or helped coach.

Fear comes in many forms.

Sometimes it's fear of numbers. Sometimes it's fear of what those numbers will tell you.

Learn why facing your Profit & Loss could be the most profitable decision you make this year.

🔑 Key Takeaways

• Most business owners aren't afraid of math. They're afraid of what they'll discover.
• Your Profit & Loss is a decision-making tool, not a report card.
• Understanding your numbers requires far less math than most people think.
• Fear of change often keeps owners from becoming more profitable.
• The answers to many business problems are already in your numbers.
• Small improvements in profit often matter more than large increases in sales.
• Avoiding your numbers doesn't protect your business. It holds it back.
• Profit comes from action, not avoidance.

-----------------------------

DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS

👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com

NEED A BOOKKEEPER?

👉 Check out BABO Bookkeeping. https://babobookkeeping.com Yep! We can help you do your bookkeeping so you can focus on growing your business!

CONTACT ME:

👉 Bookkeeping for Your Business: [email protected]

WATCH VIDEOS:

👉 Watch on the Youtube Channel - Plus EXTRA TRAININGS on there: https://www.youtube.com/@BadassBusinessOwners

-----------------------------

TOOLS TO HELP YOU RUN A BETTER BUSINESS

Recommended Bookkeeping:

👉 The #1 Tool You Need: Quickbooks Online - https://babolearning.com/quickbooks You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments

-----------------------------

Books I Recommend to Help You Take Your Business to the Next Level

👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC

👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR

👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8

👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m

👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS

👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7

👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi

----------------------------

👉 DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better

👉 DISCLAIMER: I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I'm sharing my experiences with my businesses and those I have worked for and/or helped coach.

Learning your numbers isn't just about understanding a Profit & Loss statement. It's about building confidence, making better decisions, creating more profit, and giving yourself the freedom to build the business and life you truly want.

Whether you're just getting started or you've owned your business for years, your journey changes the moment you stop guessing and start understanding your numbers.

I'd be honored to be a small part of that journey.

-----------------------------

DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS

👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com

NEED A BOOKKEEPER?

👉 Check out BABO Bookkeeping. https://babobookkeeping.com Yep! We can help you do your bookkeeping so you can focus on growing your business!

CONTACT ME:

👉 Bookkeeping for Your Business: [email protected]

WATCH VIDEOS:

👉 Watch on the Youtube Channel - Plus EXTRA TRAININGS on there: https://www.youtube.com/@BadassBusinessOwners

-----------------------------

TOOLS TO HELP YOU RUN A BETTER BUSINESS

Recommended Bookkeeping:

👉 The #1 Tool You Need: Quickbooks Online - https://babolearning.com/quickbooks You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments

-----------------------------

Books I Recommend to Help You Take Your Business to the Next Level

👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC

👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR

👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8

👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m

👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS

👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7

👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi

----------------------------

👉 DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better

👉 DISCLAIMER: I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I'm sharing my experiences with my businesses and those I have worked for and/or helped coach.

Want to know exactly how much you need to sell to hit your profit goal?

In this episode, we use a simple formula and your Profit & Loss statement to reverse engineer your sales target and build a more profitable business.

🔑 Key Takeaways 1. Your Profit & Loss statement contains the roadmap to your goals. 2. Profit percentage is one of the most important numbers in your business. 3. You can reverse engineer a sales goal from a profit goal. 4. Improving profit margins often matters more than increasing sales. 5. Small improvements in costs and expenses can dramatically impact profit. 6. Pricing, labor, processes, and efficiency all affect profitability. 7. A higher profit margin means less sales are needed to reach your goals. 8. Stop guessing and start planning with real numbers.

-----------------------------

DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS

👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com

NEED A BOOKKEEPER?

👉 Check out BABO Bookkeeping. https://babobookkeeping.com Yep! We can help you do your bookkeeping so you can focus on growing your business!

CONTACT ME:

👉 Bookkeeping for Your Business: [email protected]

WATCH VIDEOS:

👉 Watch on the Youtube Channel - Plus EXTRA TRAININGS on there: https://www.youtube.com/@BadassBusinessOwners

-----------------------------

TOOLS TO HELP YOU RUN A BETTER BUSINESS

Recommended Bookkeeping:

👉 The #1 Tool You Need: Quickbooks Online - https://babolearning.com/quickbooks You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments

-----------------------------

Books I Recommend to Help You Take Your Business to the Next Level

👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC

👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR

👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8

👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m

👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS

👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7

👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi

----------------------------

👉 DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better

👉 DISCLAIMER: I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I'm sharing my experiences with my businesses and those I have worked for and/or helped coach.