Sometimes the stairs to success require you to stop and work internally on the business before you head up the next flight. This is crucial to ensuring the business is ready for what is to come. Letβs discuss this concept and how it can help you become even more successful. _______________________________ π Grab Your Free Know Your Business Numbers Reference Guide π Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Your Business Numbers _______________...
Nov 21, 2022β’7 minβ’Ep. 529
Want more profit? Then Dive into Your Operational Expenses of Your Small Business. There is money hiding in there that you are wasting that you can create instant profits. Every dollar adds up, and this is a quick way to boost your profits. _______________________________ π Grab Your Free Know Your Business Numbers Reference Guide π Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Your Business Numbers _______________________________ Here are some pop...
Nov 14, 2022β’7 minβ’Ep. 528
Looking to Grow Your Sales? All sales come from either increasing your customer count, getting customers to come back more often or getting your customers to spend more money. In this episode, we break this down a little further and a great exercise for you to do. Letβs get those sales up! _______________________________ π Grab Your Free Know Your Business Numbers Reference Guide π Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Your Business Numbers...
Nov 07, 2022β’16 minβ’Ep. 527
With the new year quickly approaching, now is the time to step back and review your pricing and product/product mix. Most of you are a little slower and have the time to do this exercise. You want to hit the ground running this coming year so you need to look at the successes and failures of the past year to make sure your pricing and product/service mix are set up for success. _______________________________ π Grab Your Free Know Your Business Numbers Reference Guide π Want to Learn Your Busi...
Oct 31, 2022β’11 minβ’Ep. 526
Sometimes customers just suck. Letβs face it. Not all customers are happy campers and can ruin your day and become one of your worse nightmares. The problem is, you canβt let them ruin your day and more importantly, ruin the experience for the other customers that you have to deal with. So how do you deal with them? Today Iβll share some of my thoughts on what I have found that helps. _______________________________ π Grab Your Free Know Your Business Numbers Reference Guide π Want to Learn Yo...
Oct 24, 2022β’15 minβ’Ep. 525
Did you know that if you focus on improving the processes around your best-selling item you will not only increase your profit on it, but you will realize that you can sell less and make just as much money. Before you hire people to sell more, spend some time on improving the process / systems first around your best seller. _______________________________ π Grab Your Free Know Your Business Numbers Reference Guide π Want to Learn Your Business Numbers Better? Check Out this Affordable Course: ...
Oct 17, 2022β’10 minβ’Ep. 524
We are always on the lookout for new ideas and ways to increase our profits. Sometimes just looking at how other people view profits and sales can give us a great nugget or two on what we might be able to do. This week we take a look at the Pumpkin Plan by Mike Michalowicz. Mike discusses that by killing off the vine (bad pumpkins/clients) we increase the nutrients that go to the best pumpkins/clients). Letβs take a closer look at this book and how you can run with some of the concepts the Pumpk...
Oct 10, 2022β’18 minβ’Ep. 523
As we start to wind down 2022, it is time to fight two fights. Ending the year strong but also putting into place the tools, processes, etc to start 2023 strong out the gate. Way too many small business owners relax at the end of the year and are shocked when the new year doesnβt start as strong as they hoped. Spend a week brainstorming all the things you need to do now to hit the ground running and how you can use them to finish this year strong! You need a plan. If you are looking for a tool, ...
Oct 03, 2022β’12 minβ’Ep. 522
Recession, Recession, Recession, that is all you hear about when you turn on the TV, Radio, and even YouTube. Doom and Gloom sells. But should you panic in your small business? You need to be aware, you need to have a plan, but you can and will survive this economic challenge if you pay attention to your money and your ideal clients. _______________________________ π Grab Your Free Know Your Business Numbers Reference Guide ______________________________ π Want to Learn Your Business Numbers B...
Sep 26, 2022β’18 minβ’Ep. 521
Can Facebook still provide you leads for your small local business? With Facebook having typical viewers over the age of 30 and with disposable incomes and being homeowners, you never want to overlook the power Facebook still has for your small business. It isnβt the paid advertising either. By just being part of your community pages, you can find a great lead source that is driven by those in your town vs you or any money you would spend. _______________________________ π Grab Your Free Know Y...
Sep 19, 2022β’9 minβ’Ep. 520
Many small businesses have slowed down and letβs face it, so has the motivation to get anything done. How do you keep motivation high and use this time to take your business to the next level? _______________________________ π Grab Your Free Know Your Business Numbers Reference Guide ______________________________ π Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Your Business Numbers _______________________________ Here are some popular videos I hav...
Sep 12, 2022β’18 minβ’Ep. 519
Do You Have a Plan to Maximize Your Sales and Profits as We Head into the End of the Year? Donβt miss the opportunity to have your best year-ending results yet! Whether you are going into season or headed to your slow time, there is still plenty of money to make before the year is done! _______________________________ π Grab Your Free Know Your Business Numbers Reference Guide ______________________________ π Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Underst...
Sep 05, 2022β’11 minβ’Ep. 518
Way too many small businesses are bleeding cash and are in danger of collapsing. But it isnβt too late! Your business numbers hold the key to stopping the bleeding and creating some amazing profits in your small business. _______________________________ π Grab Your Free Know Your Business Numbers Reference Guide ______________________________ π Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Your Business Numbers _______________________________ Here ...
Aug 29, 2022β’13 minβ’Ep. 517
The past few years have been tough and business debt is on the rise. Are you going into debt in your business? Are you thinking about going into debt in your business? Letβs discuss why you might want to think twice about going into business debt and what you want to do to get out of business debt. _____________________ π Want to Learn Your Business Numbers Better? Check Out This Affordable Course: Understanding Your Business Numbers _______________________________ π WEBSITE: BABOLearning.com ...
Aug 22, 2022β’13 minβ’Ep. 516
If you grow your business too fast, you risk the wheels falling off and ultimately a big hit to your sales and profits. Here is a story of a pool company that took a big leap and is now paying the price. _______________________________ π Grab Your Free Know Your Business Numbers Reference Guide ______________________________ π Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Your Business Numbers _______________________________ Here are some popular v...
Aug 15, 2022β’15 minβ’Ep. 515
Knowing your monthly business nut is very helpful when determining what you need to do in sales. Especially when our personal monthly nut usually drives the total need. The business needs to make a certain amount to survive, but so do you and by combining the two, you know what you actually need. _______________________________ π Grab Your Free Know Your Business Numbers Reference Guide ______________________________ π Want to Learn Your Business Numbers Better? Check Out this Affordable Cours...
Aug 08, 2022β’16 minβ’Ep. 514
While you improve your profits by pricing correctly, your next step is to tackle your processes that are also costing you profit. While you might have a bunch of broken processes, by focusing on one big one at a time, you will add to your bottom line in big ways! _______________________________ π Grab Your Free Know Your Business Numbers Reference Guide ______________________________ π Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Your Business Num...
Aug 01, 2022β’12 minβ’Ep. 513
Business is booming and you need to hire people to help with all the clients. However, sometimes hiring people will kill your profits and your personal income. It is critical that you hire for the right reasons. Sometimes, you are better off raising your prices vs hiring people. _______________________________ π Grab Your Free Know Your Business Numbers Reference Guide ______________________________ π Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Y...
Jul 25, 2022β’11 minβ’Ep. 512
Many new business owners tend to set their prices based on the amount of money they need each month to cover their personal expenses. However, this is not how you want to do it but I want to explain why and how you still can accomplish the same thing but look at it differently. Plus, letβs discuss those personal expenses that are also business expenses sometimes. _______________________________ π Grab Your Free Know Your Business Numbers Reference Guide ______________________________ π Want to...
Jul 18, 2022β’16 minβ’Ep. 511
While Iβm not a fan of reading (canβt sit still so Iβm an audiobook person) I am a fan of learning as much as I can about being a better business person and leader. There is a reason these 5 books tend to show up on many business owners' top 10 lists. Even if you get one nugget, it is worth the money. Plus, all 5 of these give a different nugget of information for your small business the second or third time you read them. They are gifts that keep giving and leading to more profit! β¦β¦.LINKS BELO...
Jul 11, 2022β’18 minβ’Ep. 510
You might have heard of a book called Profit First by Mike Michalowicz. Some have embraced it and others have felt overwhelmed. Letβs take a look at just a couple of the core parts and how they can help you immediately in your small business. Even adopting one or two concepts can make a huge difference in your profitability. Grab the Audiobook or Book for Profit First by Mike Michalowicz β Click To Get The Book On Amazon β _______________________________ π Grab Your Free Know Your Business Numb...
Jul 04, 2022β’15 minβ’Ep. 509
Why does it seem like so many customers are cheap? How do you build your business if everyone only wants the cheapest price they can get? There will always be folks that want the cheapest price, but that doesnβt mean you need to be that business owner! YouTube Videos on P&L that Can Help: π Profit & Loss Income Statement for Beginners π Profit & Loss Playlist β Multiple P&L Videos π Profit & Loss Review β Did Their Gamble on Payroll & Space Pay Off? ___________________...
Jun 27, 2022β’18 min
You want more sales. I get it. But donβt throw away money on advertising that doesnβt produce. I want you to spend money on advertising, I just want you to spend it wisely and know what you need to do in sales to break even and then create a profit! YouTube Videos on P&L that Can Help: π Profit & Loss Income Statement for Beginners π Profit & Loss Playlist β Multiple P&L Videos π Profit & Loss Review β Did Their Gamble on Payroll & Space Pay Off? ______________________...
Jun 20, 2022β’19 minβ’Ep. 507
Wherever you look there is doom and gloom on the horizon. Gas prices, rising rents, inflation, and the βgreat recessionβ on the horizon. But do you really need to panic? Not Yet! Letβs talk about what you should be doing right now to prepare and letβs see why this also might be a great time for your business if you play your cards right! YouTube Videos on P&L that Can Help: π Profit & Loss Income Statement for Beginners π Profit & Loss Playlist β Multiple P&L Videos π Profit &...
Jun 13, 2022β’20 minβ’Ep. 506
Should your labor hours be included in your cost of goods sold? Your COGS should always include any labor hours (including your own) that are part of creating or making the products as well as installing or providing the service. Today we will take a look at an example of someone that produces their own products and then resells them. If you want to be priced correctly and have a clean profit and loss, then take a listen. YouTube Videos on P&L that Can Help: π Profit & Loss Income State...
Jun 06, 2022β’23 minβ’Ep. 505
After reviewing about 10 P&Ls this week, here are 7 different mistakes I often see. Want more profit? Run with 1 or 2 nuggets in this episode. You might not even realize you are making these mistakes with your Profit and Loss. YouTube Videos Referenced in the Podcast: π Profit & Loss Income Statement for Beginners π Profit & Loss Playlist β Multiple P&L Videos π Profit & Loss Review β Did Their Gamble on Payroll & Space Pay Off? _______________________________ π Grab ...
May 30, 2022β’32 minβ’Ep. 504
If you are crushing your sales goals but still arenβt seeing the profits you should, then you need to dive into your profit and loss income statement as it holds the key to where your profit is going! Letβs discuss this great tool you have and how you can read it to learn where to look for those business profits! YouTube Videos Referenced in the Podcast: π Profit & Loss Income Statement for Beginners π Profit & Loss Playlist β Multiple P&L Videos π Profit & Loss Review β Did T...
May 23, 2022β’27 minβ’Ep. 503
Each week you work your butt off in your small business, only to get to the end of the month and wonder where the money went. Each day doing the same thing and getting the same result. So, the question becomes, βWhy Arenβt You Doing Thisβ¦.β _______________________________ The Badass Business Owner Podcast - TIPS for RUNNING A PROFITABLE SMALL BUSINESS _______________________________ Want to Help Support the Channel? Check Out the Badass Business Owner Tip Jar _______________________________ Want...
May 16, 2022β’21 minβ’Ep. 502
Unemployment is low, and hiring is tough! There just arenβt enough good people out there to hire! Yes, there is! They just happen to work for someone else right now! Why are you waiting around for them to come to you? You need to always be hiring, creating an amazing workplace, and looking in places others arenβt. _______________________________ The Badass Business Owner Podcast - TIPS for RUNNING A PROFITABLE SMALL BUSINESS _______________________________ Want to Help Support the Channel? Check...
May 09, 2022β’18 minβ’Ep. 501
Five years and 500 episodes later, Iβm still here each and every week for my Badass Business Owners! How did we get here and why has this podcast meant so much to me? Iβll share in this week's special 500th episode! - Tammy _______________________________ The Badass Business Owner Podcast - TIPS for RUNNING A PROFITABLE SMALL BUSINESS _______________________________ Want to Help Support the Channel? Check Out the Badass Business Owner Tip Jar _______________________________ Want to Learn Your Bu...
May 02, 2022β’19 minβ’Ep. 500