Hey guys! Today is a new episode of Female Empowered and I will talk about how to find and fix profit leaks in your business.
What Do We Mean By Profit Leaks
Our business is like a bucket. The money that comes into our bucket is revenue, sales, and all of those things. The money going out of the bucket are our expenses.
However, sometimes, there will be leaks in our bucket and sometimes we do not realize it or we cannot stop it. So, to help with the leaks, I will be sharing with you where to find the leaks and how you can fix them because this can have a real impact on the bottom line of your business at the end of the year.
It’s a snowball effect and you have to understand that when there’s a leak, it affects the profitability of your business, how you can pay yourself and your staff, and more!
I hope that you enjoyed this episode and you learned a lot from it. I invite you to check out my Work With Me page on my website. We are now open for enrollment for our Inner Circle program and Fitbiz Foundations program!
Looking for advice and resources to help you market and grow your clinic or client based business? Visit my website or follow me on Instagram!
Thanks for listening! If you enjoyed this episode, please leave a review for the show to help other female fitness and wellness professionals find our podcast!
Interested in being a guest on a future Female Friday episode? Email me at Christa@pilatesinthegrove.com!