Goal Setting Hack: Sales vs. Profit
Setting sales goals is easy. Pick a number and that’s the goal, but is it really leading to the end result that is desired? Because for example $7k in sales in not $7k to pay yourself. There are expenses that need to be paid too and that lowers the amount available to go in your pocket…
So what happens when a sales goal is set that doesn’t lead to the profit needed? Burnout.
This week we talk about:
- Why does profit margin matter so much in a profit strategy?
- How do you know if your profit margin should be higher or may not be optimized?
- How would you raise profit margin?
- Can profit margin be raised without raising prices? Spoiler alert: it can!
Links you may want to check out:
- Download your copy of the Profit Plan Blueprint at https://www.jenniferlaarman.com/profitplan
- Paths to Passive Profits Masterclass can be claimed here https://www.jenniferlaarman.com/passiveprofitspath
- Course Creation Academy can be found at https://www.jenniferlaarman.com/coursecreationacademy
- Crunch Your Numbers for your DIY Bookkeeping Strategy can be found at https://www.jenniferlaarman.com/crunch
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Visit the website at: jenniferlaarman.com
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