82: Increase Your Gross Profit Margins to Boost Cash Flow | Client Case Study
Listen on Apple | Spotify | Android | Google
Last week, I shared a case study on my Instagram of two clients that have the same amount of revenue and wildly different gross profit margins. In this episode, I’m diving deeper into what was holding one of them back from boosting profit, how we plan to get them to healthy and abundant profit margins, and how you can apply those same strategies in your business.
Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!Links mentioned:
My IG post on the client numbers
Listen to Ep. 50: Creating Highly Profitable Offers | Profit Series Pt. 1
Offers Priced Right Course
Scaling Made Simple
Listen to Ep. 50: Creating Highly Profitable Offers | Profit Series Pt. 1
Offers Priced Right Course
Scaling Made Simple
In this episode, you'll learn:
0:00 How a non-strategic financial team might be hurting your profitability
4:53 The clients’ numbers + how to find your gross profit
14:56 The #1 driver of gross profit: pricing your offers
21:31 The #1 driver of gross profit: managing your team
26:40 More resources to help you increase gross profit
4:53 The clients’ numbers + how to find your gross profit
14:56 The #1 driver of gross profit: pricing your offers
21:31 The #1 driver of gross profit: managing your team
26:40 More resources to help you increase gross profit
If you love the podcast, please leave me a review on Apple podcasts and share with a friend! This helps me share more knowledge with people like you so they can become more financially literate, create more profit in their business, and feel more financially stable and secure. Click here and scroll to the bottom to leave a review and make sure to let me know what you're finding the most helpful!
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!
Connect with Sarah:
