What’s Driving Your Profit? Learn How to Boost Your Bottom Line Without the Guesswork
Jul 31, 2024Profit. What is driving yours? We’ve touched on this previously when we established you as the chicken Queen or King, but let’s dig into it a little more deeply. The only way to grow your business is to improve your profits.
You run a business. That business offers products and services. Maybe you sell books and toys and the value you provide is joy. Maybe you’re a restaurant and you sell an experience revolving around food and customer service. Whatever it is that you do, the only way it works is if you are making more money than you are spending over a given period of time, regardless of the value or intent of your business.
Let’s use a hypothetical business as an example. You run a bakery, and you have two dozen “products” or baked goods and drinks that you sell. We’ve all been in a bakery and seen the glass display cases with various pastries and sweet treats. You’ve got croissants and donuts, little macarons and other ornately decorated cookies. You have coffee of a few flavors. People seem happy enough but your growth has stalled and you don’t know how to push through the lull.
Let’s focus your efforts. How do you maximize the amount of money you make above and beyond your costs, from a product standpoint? Do you know which products are your most profitable? For many small business owners this might be a hunch, or a guess. You’ve got a lot of products in this bakery though and it’s hard to keep track of everything in your head.
This can be overwhelming, and often there’s so much going on with baking, cleaning, and helping customers that you don’t have time to figure everything out by yourself or maximize what’s going on.
What if you had someone who could walk you through a tried and tested process to help you understand what is driving your profit exactly, and how to maximize it? What if there were a 60-90 minute conversation you could have that would give clarity, direction, and the results you want without adding massive complexity or cost to your business?
Perhaps unsurprisingly, this is something that I can help you with. You don’t need to wonder or estimate any more. Your business can be more than it is. Who wouldn’t want to make more money with the same business and the same products?
Every small business owner deserves to have the success, and the life, that they dreamed of when they started, including you.
PS: This is one of the many ways I engage with people. Many small business owners want to grow their business and improve their lives, but they’re overwhelmed and they don’t know how. So I use straightforward frameworks to help them drive their business forward, increasing profit, gaining confidence and peace of mind.
Here’s how you get started:
- Reach out on LinkedIn or via my website to schedule a call
- We get to know each other a bit and you tell me about yourself, your business, and what your current challenges are
- Schedule a low-risk 60-90 minute coaching session to take the first step toward a solution and experience what it’s like to work together
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