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    p&l

    Explore " p&l" with insightful episodes like "Venessa Almond: How to adapt your business to current market trends", "693 - Creating Content for Different Stages of the Sales Funnel, with Mike Swigunski", "693 - Creating Content for Different Stages of the Sales Funnel, with Mike Swigunski", "Working With a Bookkeeper" and "Keep 12% More Revenue With This One Trick With Kyle Hunt" from podcasts like ""Secrets of Successful Business Podcast", "Sales Transformation", "Sales Transformation", "Business Unfiltered" and "Blue Collar Culture"" and more!

    Episodes (11)

    Venessa Almond: How to adapt your business to current market trends

    Venessa Almond: How to adapt your business to current market trends

    Imagine a future where you have a crystal ball to predict market trends, and a strong financial foundation to help your business thrive in changing landscapes. Well, in today's episode, business growth advisor, Venessa Almond, brings her rich experience from the trading floor to decoding market trends, and shares how your businesses can adapt and grow in this every changing market. 

    Venessa and I also chat about the importance of financial literacy in running a successful business and Venessa opens up about her personal experiences with managing finances. From navigating a divorce to handling a mortgage at a young age, we talk about why entrepreneurs must understand their profit and loss and cash flow statements, future forecasting, and crucial financial metrics. Venessa sheds light on setting up systems to monitor these metrics routinely and provides invaluable advice on building a robust financial strategy.

    But, there's more to business than just numbers. Venessa shares her thoughts on how businesses can leverage social, environmental, and technological factors to succeed. With climate change posing potential risks, and technology playing a crucial role in decision making, Venessa gives a 360-degree view of running a business in today's world. She shares her work experiences with wellness businesses, emphasising how businesses can attract customers who reflect their values.

    Venessa also offers her advice on building a successful business strategy, stressing the importance of long-term planning, external progress monitoring, and skill development. This episode is a treasure trove of tips and strategies for business success. Tune in to unlock the secrets.

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    Host: Justine McLean – Flossi Creative
    Producer: Leah Stanistreet –
    ...

    693 - Creating Content for Different Stages of the Sales Funnel, with Mike Swigunski

    693 - Creating Content for Different Stages of the Sales Funnel, with Mike Swigunski

    In this episode, host Colin Mitchell discusses with Mike Swigunski the importance of creating focused content to attract the right audience and build trust. Mike shares his own experiences and mistakes in content creation and offers tips on how to cater to specific target groups. Mike Swiginski, an expert in buying and selling online businesses, who provides insights on the basics of these transactions also discuss liquidity, risk tolerance, and the factors that determine the value of a business.

    Follow the Host:
    Collin Mitchell (Partner, Leadium)


    Our Episode Guest:
    Mike Swigunski (Founder,  Global Career)

    Sponsored By:
    Leadium | The leader in outbound sales appointment setting

    *If you'd like to be a guest on the show or have any questions, email us at guest@salestransformation.co - Just tell us why you're reaching out and we'll contact you as soon as we can!

    693 - Creating Content for Different Stages of the Sales Funnel, with Mike Swigunski

    693 - Creating Content for Different Stages of the Sales Funnel, with Mike Swigunski

    In this episode, host Colin Mitchell discusses with Mike Swigunski the importance of creating focused content to attract the right audience and build trust. Mike shares his own experiences and mistakes in content creation and offers tips on how to cater to specific target groups. Mike Swiginski, an expert in buying and selling online businesses, who provides insights on the basics of these transactions also discuss liquidity, risk tolerance, and the factors that determine the value of a business.

    Follow the Host:
    Collin Mitchell (Partner, Leadium)


    Our Episode Guest:
    Mike Swigunski (Founder,  Global Career)

    Sponsored By:
    Leadium | The leader in outbound sales appointment setting

    *If you'd like to be a guest on the show or have any questions, email us at guest@salestransformation.co - Just tell us why you're reaching out and we'll contact you as soon as we can!

    Working With a Bookkeeper

    Working With a Bookkeeper
    Welcome back to Business Unfiltered with Mercer and Jeff Sauer today's topic is Working With a Bookkeeper 0:00: What does it mean to work with a bookkeeper? Mercer shares the way he has approached it over the years, the different phases of his business, and how he has learned a little bit about it. A bookkeeper is someone who keeps track of your financials, the accounting of your business. The bookkeeper's job is to organize everything so it's in the right slot. He had been freelancing for a while and making money on the side, but didn't know what he was doing. It wasn't until six months after he had his own business that he finally got around to incorporating hiring an accountant and installing Quickbooks to keep track of things. He was the bookkeeper from 2006 until 2012 or 2013, when his wife took over and was the legal bookkeeping until 2020. 5:59: How much does it cost to run a company? The company service is a company service, assigned to an individual individual in the company, but for us it is running around a few 100 hours a month. The bookkeeper is looking at a certain expense, and they give us a little spreadsheet to put in the right slot and Quickbooks, but at the same time, it's like I could also do that in Quickbooks. Working with a bookkeeper. It would be penny wise and pound foolish to not work with a bookkeeper or to do that yourself. A bookkeeper is a gatekeeper of financial information. They need to zero things out and look at every transaction. They also need to classify new expenses that aren't normal or aren't obvious. In year two, it gets pretty easy to re-engage with them and say what you need to be doing differently. 12:12: Jeff discusses managing different divisions of the company. Each brand is a separate division of the company, with different divisions like Profit Pillars being one of those divisions. The bookkeeper is the Quickbooks person, helping us decide where things go and proactively reaching out for financial advice. They are a value added service. Jeff shares the importance of not having to think about spending money and how it triggers him to a certain extent, and why he trusts a professional to do it. The concept of remembering the early years of the company, and how the goal was to make $3,000. 16:49: How do you know you’re getting the most from your bookkeeper? How to think about who can do this for you when you start thinking about how to do something, and how to reclassify your books into different things, not how. A bookkeeper is your tracking code, your workhorse, the person who is looking at the marketing data and looking at marketing data. The chief financial officer is not just an accountant wondering about tax liability. They are more concerned about the overall liability of a company. 20:51: Treating a bookkeeper like a virtual CFO. One thing that is missing is a virtual CFO. Jeff has a coach who gives him great virtual CFO advice. Jeff believes that the virtual COO is what created profit pillars. Having an analyst in place. 23:47: The importance of working with a bookkeeper. Working with a bookkeeper requires a conversation about what types of actions to take from the numbers and how to see revenue opportunities. The bookkeeper is a super important piece because they are not setting things up properly to see the problem. Most bookkeepers will wait for the entrepreneur or owner to come to them for direction. There is a misconception that the bookkeeper is going to tell them about their business, but they are not the only person who makes decisions. 27:41 : Where to find a bookkeeper? A bookkeeper is a financial analyst. They can't do their job if they don't have good data coming in. They need to have good frontline collection of data and classification of data. Custom dimensions and custom metrics. Most people don't know what they need to do for custom dimensions or metrics. Jeff suggests finding a local person who is doing bookkeeping on the side or using a service like Econbalance or the Mom Project. Jeff encourages listeners to leave a comment, leave a review and tell a friend what they've learned from this episode.

    Keep 12% More Revenue With This One Trick With Kyle Hunt

    Keep 12% More Revenue With This One Trick With Kyle Hunt
    Did you know that you can keep more revenue without changing prices or cutting costs with just one trick? Kyle Hunt says that the most important thing you can do for your business is knowing your numbers. By doing so, you can maintain up to 12% more of your profit than if you just kept your numbers up in the air. Kyle is the owner and podcast host of Remodelers On The Rise, where he coaches and trains remodeling contractors on how to generate more profit, understand the numbers, and make better decisions to win in the game of business. Tune in to his chat with host Ryan Englin and get practical tips and action items that can improve the way you do business and bump up your profits through better financial understanding.

    Finding Disruptive Opportunities with Mark Richard Adams

    Finding Disruptive Opportunities with Mark Richard Adams

    I have been in the e-commerce space since 2016 in a variety of roles. I have been on both sides of the Amazon platform and have gone from having no choice but to be resourceful and scrappy to working with large teams and significant resources to grow sales and streamline operations.

    In July, I will begin managing OnePlus’ Amazon Retail account for the United States.

    I have:
    - Launched a successful crowdfunding campaign on Indiegogo
    - Lived in China to source from factories and validate production
    - Owned and operated a Seller Central business originating from the crowdfunding campaign
    - Worked at Amazon as a Vendor Manager, overseeing two multi-million dollar P&Ls
    - Sourced PPE and Professional Medical Equipment for Amazon’s Medical and Covid Rapid Supply Expansion Task Force
    - Consulted for Sellers and Vendors at an Ecommerce Agency
    - Managed a multi-million dollar brand for Razor group, an e-commerce aggregator

    What are some questions and topics you enjoy talking about?:
    - What vendors get wrong about Amazon
    - Interesting developments in the E-commerce space
    - Amazon Seller vs Vendor Central
    - Amazon culture and understanding Amazon's priorities
    - How Amazon has changed over the years
    - What its like being on both sides of the Amazon platform
    - Common mistakes I've seen sellers or newbies make
    - Crowdfunding advice
    - My experience in China visting factories and sourcing new products
    - Amazon's Covid-19 response and the Covid-19 Rapid Supply Task Force


    Next Steps

    02: Understanding the Income Statement

    02: Understanding the Income Statement

    In this episode of Boosting Your Financial IQ, I discuss the core components of the income statement to help you uncover helpful insights. If you're looking for a nerdy accounting podcast, you've come to the wrong place. If you're ready to have some fun and maybe even learn a new tune, click that play button.

    Helpful links:

    Disclaimer:
    BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

    This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.

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    Nikki Rohloff, Rohloff Associates, LLC

    Nikki Rohloff, Rohloff Associates, LLC
    Nikki Rohloff, Rohloff Associates, LLC (Minneapolis-St. Paul Business Radio, Episode 36) While most other CPAs are working eighty-hour weeks ahead of the April tax filing deadline, the team at Rohloff Associates is committed to fifty-hour weeks as well as eliminating hourly billing. It’s just two ways her firm defies the expectations of how a CPA […] The post Nikki Rohloff, Rohloff Associates, LLC appeared first on Business RadioX ®.

    Let's Talk Zouk with Larissa Thayane

    Let's Talk Zouk with Larissa Thayane

    We are so honoured to have the amazing Larissa Thayane on the show today - Known and respected as one of the most experienced and knowledgable Zouk artists in our community, and a constant force in pushing the boundaries within the dance. 

    Not only an inspiration to all, she is a huge influencer in progressing and growing our dance throughout the world. She founded the Brazilian Zouk Dance Council (BZDC) in 2014, with the aim to support and promotes all aspects of Brazilian Zouk. 

    We speak with her in depth about the future of Zouk, and how competitions (love them or hate them) is changing the scene as we know it...

    Decoding the P&L

    Decoding the P&L

    Restaurants live and die by the margins. This week’s episode is all about knowing your P&L and and what your margins should be to achieve profitability. Information we could have used during our foray into opening a restaurant. Nate Adler, Owner of Gertie, is here to help us know the numbers and where to dial in to maximize the business.

    It's HRN's annual summer fund drive, this is when we turn to our listeners and ask that you make a donation to help ensure a bright future for food radio. Help us keep broadcasting the most thought provoking, entertaining, and educational conversations happening in the world of food and beverage. Become a member today! To celebrate our 10th anniversary, we have brand new member gifts available. So snag your favorite new pizza - themed tee shirt or enamel pin today and show the world how much you love HRN, just go to heritageradionetwork.org/donate

    This episode is brought to you by BentoBox, a platform that connects restaurants with people. Learn more at getbento.com/openingsoon. For a limited time, BentoBox will waive the website setup fee for all Opening Soon listeners. Offer expires August 20.

    Opening Soon is powered by Simplecast.

    Profitability Revolution Paradigm

    Profitability Revolution Paradigm
    Profitability Revolution Paradigm This week we hosted Ruth King, CEO/Founder of Profitability Revolution Paradigm, a New Media, internet-based TV station in the Atlanta area. The focus of the content, which now runs 24/7/365, is on information that will help business owners better manage their small businesses and achieve maximum profitability. Ruth, who has started and […] The post Profitability Revolution Paradigm appeared first on Business RadioX ®.
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