All tagged profit
Are you profitable in your business? More than just finances, truly being profitable is about finding balance and building relationships when running your business. We break down the six aspects of being profitable and the major roadblocks to achieving them. From vague mission statements to your pricing structure, there’s a lot that could be holding you back.
Can you have profit first in your business? Wouldn’t you need to be making 6-figures? What systems would you need to have in place to make that happen? We recently read the book, “Profit First” by Mike Michalowicz and wanted to share our initial thoughts about it. We break down who we think this system would be good for, and some of the things that don’t quite fit with a service industry like pet care. Overall, we think it’s a great system if you need something to control your money and understand the health of your business. Then, Natasha O’Banion answers, “How do I be a great first time manager?”
This year has had a lot of things to distract us and keep us busy. However, tax time is right around the corner and there are many things we should be doing before the end of the year. Mike Jesowshek, owner of JETRO and Associates, discusses the three things every business should be doing right now and how EIDL and PPP loans impact our taxes.
