Episode description
Show Summary
In this episode of the Grow My Accounting Podcast, Annette de Lancey, a seasoned expert in manufacturing business ownership and management, shares valuable insights. She highlights the stark differences between service and manufacturing businesses, emphasizing the importance of profitability for growth and scalability. Annette's expertise covers both in-house manufacturing and outsourcing, providing listeners with a comprehensive understanding of the industry.
Annette delves into the unique challenges and opportunities when working with manufacturing clients, emphasizing the significance of effectively managing costs and optimizing profit margins. She highlights the critical role of the cost of goods sold (COGS) in manufacturing operations and how it impacts financial health.
Additionally, Annette discusses the value of collaboration, showcasing her successful partnership with Jason Snyder, a PFP Mastery Member, in creating a captivating livecast/podcast. Together, they explore unconventional promotional opportunities that can help manufacturing businesses stand out.
Tune in to this episode of the Grow My Accounting Podcast to gain valuable insights from Annette de Lancey on navigating the manufacturing business landscape. Her expertise and practical advice will equip accounting professionals and business owners with the knowledge needed to thrive in this specialized industry.
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