Help! My Profit Margin % Dropped After Hiring Employees!

Have you noticed your profit margin percent dropped after you brought on employees? Well, that isn’t always a bad thing. The key is making more profit dollars. Stop trading your time for money, use the leverage of others. But you still need to make money! So, let’s look at an example of what this should look like.

 

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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.

 

Badass Business Owners Know the Basics of their Profit and Loss Income Statement. Here is Guide to Help You Out  -   Get the How to Read Your Profit and Loss Income Statement Guide

 

Two Books All Local Small Business Owners Should Read:  eMyth Revisited by Michael Gerber & Profits First by Mike Michalowicz   (affiliate links but no extra cost to you)

 

OTHER HELPFUL LINKS

 

• The Know Your Business Numbers Course
• FREE Business Health Check Workbook
• 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