108: Your Marketing Plan is NOT a Profit Plan | How to Write Your Plan for Profitability

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When I see business owners plan for an upcoming month or quarter, they usually plan two things: their revenue goals, and the marketing plan to get there. Unfortunately, neither of those counts as an actual profit plan to increase the amount of money you’re taking home after taxes and expenses at the end of the day. In this episode, I’m sharing what goes into a profit plan, so you can build those margins over the next quarter!

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Resources mentioned:

In this episode, you'll learn: 

0:00 Why marketing is important, but totally different from a profit plan
5:35 What it means to have a profitable business + how much profit you should be generating
10:15 Is it okay for businesses to not be profitable?
13:32 What to actually include in your profit plan
20:33 My newest offers to help you increase profitability, prioritize wellness, and build wealth from your business

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I’m Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.
Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that’s fun and empowering. In each episode, I’ll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!
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