Latest Episodes
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Increasing Profits with the 80/20 Rule
The Pareto Principle, commonly known as the 80/20 rule, basically implies 80% of results come from 20% of causes. When applied to business, this...
58
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Are Your Prices Making a Profit? Pricing Strategies
For any business to be profitable, services must be priced appropriately. Business owners need to regularly set profit margin goals and adjust pricing accordingly. ...
58
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Strategic Cost Cutting Measures
Just like we visit the doctor and dentist for regular check-ups, business owners must routinely review expenses and decide when cuts are necessary. Monitoring...
57
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Top 5 Financial Reports for Entrepreneurs
The success of any business can be linked directly to organized financial reporting. Knowing exactly what profits are coming in, what expenses are going...
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Improving Financial Health with Financial Metrics & KPIs
The only way a business survives is with profitability, and to maintain profitability business owners must routinely examine finances with specific indicators to ensure...
54
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Leveling Up Your Financial Literacy
Understanding the financial health of your business is vital to its long-term success and sustainability. In this episode, I define what financial literacy is,...