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In this episode of The Business Blueprint, hosts Charles Hatley and Rebecca Melone tackle one of the most critical—and often misunderstood—aspects of running a successful business: profitability. They break down the differences between gross profit and net profit and why understanding both is essential for making informed decisions.
From the high costs of scaling to the importance of monitoring profit and loss statements by location, the conversation offers real-world insights into managing payroll, controlling office expenses, and cultivating financial accountability within a team.
Whether you’re a business owner, CFO, or manager, this episode will sharpen your financial awareness and help you develop strategies that drive long-term profitability and performance.
By Melone Hatley, P.C.4.4
77 ratings
In this episode of The Business Blueprint, hosts Charles Hatley and Rebecca Melone tackle one of the most critical—and often misunderstood—aspects of running a successful business: profitability. They break down the differences between gross profit and net profit and why understanding both is essential for making informed decisions.
From the high costs of scaling to the importance of monitoring profit and loss statements by location, the conversation offers real-world insights into managing payroll, controlling office expenses, and cultivating financial accountability within a team.
Whether you’re a business owner, CFO, or manager, this episode will sharpen your financial awareness and help you develop strategies that drive long-term profitability and performance.