profit margin

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

Connect with me on Instagram: www.instagram.com/ceobooknook

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Visit the website at: jenniferlaarman.com

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Hello my fabulous salon owners! I'm back again with a podcast episode that's going to set your profits on fire! In this episode, we're diving headfirst into the secrets of maximising your profit margin. We'll chat about the golden 85-90% capacity rule and how it affects your bottom line. You'll discover not one, but two amazing ways to boost your profit margin: cranking up your income and trimming those pesky expenses.

So, fasten your seatbelts and join me on this enlightening journey to not just bigger profits, but a more successful and vibrant salon! It's going to be a thrilling ride, I promise. Cheers!

When human beings find something purposeful to work toward, it lights them up. When a group of people in an organization are united in working toward a mission, it lights the business up. In this episode, learn the why and how behind empowering profits through intentional mission-mindedness.

To find out more about Anita Brooks, business coach, international speaker, and award-winning, best-selling author, and all she and her P4 Power Coaching™ team can offer your business or organization, go to anitabrooks.com.

Have you ever struggled with knowing the numbers in your business? Clay Clark breaks down specifically the numbers you need to know to grow.

Ever struggle with anxiety? Do you struggle with knowing your numbers and what profit you should be making? Clay Clark is breaking down all of the details in this segment of the Thrivetime Show.

Show sponsor www.virtuealliance.com - discover how to convert Fully Insured prospects into Self-Funding. Get a long-term solution for a long-term strategy.

The CEOs of America’s seven largest publicly traded health insurance companies cumulatively earned more than $283 million in 2021 — by far the most of any year in the past decade.

Yet, every year most small-to-medium sector companies receive a compelling explanation as to why their plan was unprofitable for the insurer, followed by a 10%-30% raise in premium for the next year... 

With all these "losses," the thought of moving to Self-Funding seems terrifying and unrealistic.
 

In fact, Fully-insured health insurance companies and HMOs are exceptional at playing Hide and Seek, with profit margins hidden in the premiums. 

Are you ready to reveal the truth to your prospects and clients? 
 

Join John Sbrocco and Craig Lack for the weekly episode of the Heads Up Adviser Show "Hide And Seek With Insurance Profits: How Insurance Companies And HMOs Hide Profits Of SME Sector"

Here's what we'll cover: 
 

✔️ Where are the good profit margin hiding places? 

✔️ The contingency margins in the premium calculators

✔️ The Self-Funding scenario

NEXT STEPS: 

1. Discover The Virtue Health Consortium - A New Way To Self-Funding. Arrange a one-on-one call with John Sbrocco https://bit.ly/3fVvipK 

2. Join Heads Up Adviser Facebook Group 👉 https://bit.ly/37hJFyk 

3. Visit Heads Up Adviser Website 👉 https://bit.ly/36cYv7C 

4. Subscribe on Youtube https://bit.ly/2QVutkY 

5. Subscribe and Listen to Heads Up Adviser Podcast https://apple.co/35GRMDk