On this week’s episode of ScaleUp Radio we have a new presentation and discussion that came from a ScaleUp Club meeting that occurred recently. 

 

As you may know, we cover different aspects of running and scaling up your business, and we've had a couple of similar presentations recently:

Action Planning -

https://traffic.libsyn.com/secure/scaleupradio/Action_Planning_Webinar.mp3

Understanding Differences - 

https://traffic.libsyn.com/secure/scaleupradio/Understanding_Differences.mp3

 

This month we are looking at using our Profit & Loss to make better business decisions.

 

Now, it’s understandable if you’re rolling your eyes at this point - maybe you’re not a numbers-based personality, or you think that there’s a real egg-sucking aspect to this, but we believe that if you listen to this episode, take on board the advice and learn from the challenges that other business owners talk about - you’ll put yourself and your business in much stronger position to scale up.

 

There is plenty of ground to cover own this episode, including:

 

 - The two main distortions that many people have when it comes to their Profit and Loss within their business

 -  The benefit of redefining your gross margin, to split out your labour costs

 - Why you should be aiming for 10% as your Break Even point, if you want to experience real growth as a business.

 

You’ll also hear from Stu Avis from Audacious Creative who talks about how Core Purpose can help us make better business decisions. Within his presentation, he talks about playing a video. Don’t worry, the audio is all you’ll need to understand and gain insights from Stu.

 

Plus, there’s a panel discussion with a number of business owners, which will also help you with your thinking and planning when it comes to getting a proper grasp on the Profit and Loss of your business.

 

Again, I mention tools and guides within this episode. You can access these by getting in touch on [email protected]

 

 

Simple Numbers by Greg Crabtree - https://www.waterstones.com/book/simple-numbers-straight-talk-big-profits/greg-crabtree/beverly-blair-harzog/9781608320561

 

ScaleUp Radio cannot be held responsible for the content of third party websites

 

Scaling up your business isn't easy, and can be a little daunting. Let ScaleUp Radio make it a little easier for you. With guests who have been where you are now, and can offer their thoughts and advice on several aspects of business. ScaleUp Radio is the business podcast you've been waiting for.

 

You can get in touch with Kevin here:

[email protected]