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Episode 42: What to Do When You Look Successful But You’re Not Profitable

Just because a business looks like it’s doing well, doesn’t mean it actually is.

You might have a lot of money going through your accounts, but how much is left over at the end? If it’s not as much as you’d like, what’s going on there? Let’s get to the bottom of it.

It can be hard to pinpoint why you’re not making any profit when it feels like you’re working hard, getting clients, and finishing great jobs. The truth is there are probably a lot of things behind the scenes that are leaking money. The good news is most of them have easy fixes, so let’s talk about what they are in this episode.

Tune in to find out how to prevent some of the money leaks in your business and start making more profit.

Topics We Cover in This Episode: 

  • The importance of good financial reporting 
  • Why you should be using design management software 
  • How to avoid inconsistent markups on your products 
  • Making sure that you are billing all your hours 
  • Why you need to learn to delegate and relinquish control 
  • What to trust your team with 
  • Using systems to simplify your business 

If you’ve been struggling to figure out why your business isn’t as profitable as it should be, I hope this episode helps you identify what your problems could be and how you can fix them. I’m always rooting for you and the success of your business! 

If you love what you hear on the podcast each week, let me know by leaving a rating or review here! I’d love to find out why you tune in and what you’re enjoying so far, and your reviews help me reach new listeners! 

Where We Can Connect:

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Other Episodes You’ll Enjoy:

Episode 39: Follow the System

Episode 40: Big Price Tags

Episode 41: The Luxury Mindset

Follow & Review

Are you following my podcast? If you’re not, I want to encourage you to do that today so you don’t miss any future episodes! 

I would also appreciate it if you would leave me a review on Apple Podcasts or Spotify! They help me make sure I am providing the content that you love to hear!

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