The Profit Factor

Love food? Me too! Love money? Me too!

That's why in this episode I'm breaking down how you can write off your business meals so you can pay less in taxes! Thanks to the Consolidated Appropriations Act of 2021 any business meals you get at restaurants are 100% tax deductible. Previously they were only 50% deductible and they are going back down to 50% in 2023 so enjoy it while you can.

So press play to learn everything you need to know to take advantage of this temporary tax perk!

Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show.

To connect with Denai HERE!

To download your FREE Profit Plan click here!

This episode is brought to you by Profit Perfect

Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!

In this week's episode of The Profit Factor Podcast I'm talking all about hiring your kids to work for you, and why this is actually a great idea!

We often joke about getting our kids to do the things we don't want to do, but when it comes to running a business, it's actually REALLY beneficial to get them involved! Not only are you demonstrating the practicalities of running a successful business (something that's only going to help them in future…) but it's also a GREAT - and legit - tax-saving strategy!

Press play NOW to learn:

• The reason you should be employing your kids in your business,
• How to hire your kids LEGALLY so you stay on Uncle Sam's good side, and
• Why hiring them young sets your kids up for a life of financial success!

Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show.

To connect with Denai HERE!

To download your FREE Profit Plan click here!

This episode is brought to you by Profit Perfect

Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!

In this week's episode of The Profit Factor Podcast

I'm talking all about how to Work Smarter, NOT Harder…

I know you started your business to make some serious bucks. Enough regular profit to sustain the lifestyle you desire AND deserve. But so often, even when the money DOES come rolling in, we're too busy chained to our laptops to enjoy the life it can provide for us.

If you're ready to break free from the chains of 24/7 business, press play NOW to discover:

• How to design a business that WILL sustain your dream life,
• Why your current business model might be doing the complete opposite, and
• How to ensure your business fully supports your life goals

Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show.

To connect with Denai HERE!

To download your FREE Profit Plan click here!

This episode is brought to you by Profit Perfect

Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!

In this week's episode of The Profit Factor Podcast I'm talking all about the dreaded A-word: AUDITS!

As much as we want to avoid it, getting audited by the IRS is something that could happen to you at any given time. It might be rare, but there are some business Red Flags that can trigger Uncle Sam to pay your company a visit - and to paraphrase Whitney Houston: He wants to see the receipts!

But even though an audit can be costly and time consuming, there's no need to panic (as long as you've been playing by the rules...)

Press play NOW to discover:

• How to minimize your chances of getting a visit from the IRS,
• The way to completely audit-proof your biz, and
• What to do if Uncle Sam comes knocking!

Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show.

To connect with Denai HERE!

To download your FREE Profit Plan click here!

This episode is brought to you by Profit Perfect

Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!

In this week's episode of The Profit Factor Podcast I'm talking all about how to charge your clients.

In order to run a successful business you must have sales. Which means you have to have paying customers. But in order to have paying customers you have to set up a process for them to pay you.

Today we are diving into how to set up that process. Stripe, Paypal, Dubsado, QBO... there are a whole range of options for invoicing and receiving payments, and we will be exploring them all:)

Press play NOW to discover:

• How to charge clients effectively, efficiently and hassle-free,
• Why tracking your revenue regularly shows you EXACTLY where your money's coming from, and
• What you need to consider when deciding which option works best for you and your business - and saves you on processing fees!

Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show.

To connect with Denai HERE!

To download your FREE Profit Plan click here!

This episode is brought to you by Profit Perfect

Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!

In this week's episode of The Profit Factor Podcast I'm talking all about How Much to Pay Yourself.

Paying yourself from your business is not something you should be winging - there's a specific formula that will allow you to determine how much you should be taking home.

If you don't take the time to figure it out, you could end up spending your life on the entrepreneurial hamster wheel of working non stop and getting no where. You have to build a company that can support the life you desire. And that starts with determining your pay!

If you're ready to find out exactly how much your business should be paying you, press play NOW to discover:

• How to accurately determine your take-home pay,
• Why knowing this exact figure is KEY to business fulfillment, and
• The reason your accurate salary determines your business future.

Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show.

To connect with Denai HERE!

To download your FREE Profit Plan click here!

This episode is brought to you by Profit Perfect

Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!

In this week's episode of The Profit Factor Podcast I'm talking all about how to accurately read and analyze a Cash Flow Report.

The final in our series of the three core reports ALL business owners need to know, a Cash Flow Report is the key to keeping your business afloat. You've heard me say before that Cash is Queen, and it's a fact that even the most profitable businesses can sink if they've not got a handle on the money flowing through their accounts.

If you don't want your company to be a Cash Flow Calamity, press play NOW to learn:

• Exactly what cash flow really means,
• Why you need to know your cash flow if you want your business to succeed, and
• How to manage your cash flow with minimal stress

Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show.

To connect with Denai HERE!

To download your FREE Profit Plan click here!

This episode is brought to you by Profit Perfect

Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!

In this week's episode of The Profit Factor Podcast I'm talking all about how to accurately read and analyze a Balance Sheet.

A Balance Sheet gives you a snapshot into your company's worth, and shows you the difference between what you OWN and what you OWE. Balance sheets are one of the three core reports that ALL business owners need to get to grips with if they want to actually make MONEY!

Get ahead of your business balances by pressing play NOW to learn:

• What a balance sheet actually IS,
• How to accurately read AND analyze it, and
• Why you need a balance sheet to know what the heck's going on in your business

Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show.

To connect with Denai HERE!

To download your FREE Profit Plan click here!

This episode is brought to you by Profit Perfect

Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!

In this week's episode of The Profit Factor Podcast

I'm talking all about how to accurately read and analyze a Profit & Loss Report.

Your P&L gives you a snapshot into what the heck is actually happening in your business, where your money is coming FROM, and where exactly it's going TO. A lot of the time as entrepreneurs we can be overwhelmed by the numbers so we tend to put our Profit and Loss sheets to the backs of our mind - but it's one of the most important reports business owners need to know!

• If you're ready to cut through the noise and start making your Profit & Loss Report work for you, then press play NOW to learn: What on earth a profit and loss statement actually IS,
• How to accurately read AND analyze it, and
• Why a P&L report is going to help you make strategic decisions in your biz!

Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show.

To connect with Denai HERE!

To download your FREE Profit Plan click here!

This episode is brought to you by Profit Perfect

Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!

In this week's episode of The Profit Factor, I am talking all about Tax Prep vs Tax Strategy - and why you REALLY need to know the difference!

When it comes to keeping Uncle Sam happy, sometimes the best option is to hire someone to take the stress away. But are you hiring the right person for the job?

Deciding on whether you want someone to simply plug & play your financial data, or someone who will help you plan for the future of your biz can be the difference between a booming empire or a costly mistake...

Press play NOW to learn:

• The difference between tax PREP and tax STRATEGY - and why it absolutely matters to your biz,
• How to decide whether a tax preparer, tax strategist or BOTH will help you hold on to the most money, and
• What you need to look for when choosing the correct tax professional to help your business!

Thank you so much for listening! Please subscribe, rate and review The Profit Factor on iTunes. Your ratings and reviews are greatly appreciated and have a tremendous impact on our show.

To connect with Denai HERE!

To download your FREE Profit Plan click here!

This episode is brought to you by Profit Perfect

Profit Perfect teaches you how to increase your profits and decrease your stress by mastering your business finances without the confusion, overwhelm or math! If you're a big thinking entrepreneur, determined to make your dreams come true, looking to finally take control over your business finances so they can stop controlling you then Profit Perfect is exactly what you need. Check it out now!