Last Financial Friday with Chris Jolly, we explored how market sizing can help your freight business tap into profitable markets. This week, we’re going practical. Grab your pens or open up Excel because Sean Smith is ready to guide you through the numbers. He'll show you exactly what to calculate and the key insights you should be pulling to boost your profits. Join Sean and Chris this Friday at 11:30 am EST for a detailed breakdown that could significantly impact your bottom line. Don’t miss it!
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What’s one thing that most trade businesses struggle with? Cashflow planning and seasonality. You’re racking up cash in the summer, feeling on top of the world. Then, by October, it’s like it evaporates overnight. At From Power Consulting, we divide revenue in two ways: by department and by month. This gives you a clear picture of your cashflow, so you know where it’s coming from and where it’s going. No more bleeding out! There are smart strategies you can put in place today to avoid that cashflow crunch. #cashflowplanning #businessgrowth #seasonality #tradesuccess #financialstrategy #smallbusiness
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Seasonal demand fluctuations can wreak havoc on your cash flow. Plan for the spikes and dips in business by forecasting cash flow year-round with Cassie's financial planning tools. Stay ahead of the curve and maintain consistent revenue, even during the off-season.
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Should you sell to an industrial or financial buyer? A question we hear often. Here's a few things to keep in mind: - Financial buyers focus on growth. - Industrial buyers seek integration with existing operations. In this video @[Tõnis Kons](urn:li:person:5dlqkS_v22) tells you more about these strategies.
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How can small business owners stay afloat during times of inflation? Our latest blog post offers invaluable tips for navigating the challenges ahead. From diversifying your supply chain to prioritizing cash flow, we've got you covered. Check it out now! https://hubs.ly/Q02y5FnL0
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Why review your profit and loss weekly? By tracking key metrics like cost of goods sold and operating expenses, I help clients catch issues early and stay on track. It’s about ensuring no money is left on the table.
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You’ve been looking at your numbers wrong. Time to get it right with the "Three Peaks of Finance." Most businesses only scratch the surface when it comes to tracking finances. Our Three Peaks—tracking numbers correctly, tracking in real time, and making data-driven decisions—are how we took a client from 2% to 35% profit in just 3 months. Want to see what the Three Peaks can do for your business? Book a call, and let’s get climbing.
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Your pricing strategy should reflect costs, market demand, and value proposition. Use financial data to set prices that cover expenses and drive profit. Adjust as needed to stay competitive. #PricingStrategy #StartupFinance #accountingservices #moneymanagement #financialliteracy
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How can small business owners stay afloat during times of inflation? Our latest blog post offers invaluable tips for navigating the challenges ahead. From diversifying your supply chain to prioritizing cash flow, we've got you covered. Check it out now! https://hubs.ly/Q02xK5M80
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Finance is useless... If you don’t make decisions based on the data it gives you. Your gut will only get you so far. Every metric is telling you something about your business. Listen to them. And let the numbers guide you.
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Thinking about raising your prices? 📈💵 It's probably about time. But before you do, here are 3 things to consider as you rethink your pricing structure:: ❈ Communicate ahead of time: Ensure your clients understand the value you deliver. If the perceived value isn’t there, you may lose some clients. ❈ Evaluate the impact: Even if you lose 20% of your clients, the increased revenue from the remaining 80% can make up the difference, often putting you ahead. ❈ Refine your client base: Use this opportunity to reassess and focus on clients who are the right fit for your business. This can help increase revenue and grow your profits. For more personalized advice, don't hesitate to book a FREE consultation with us! https://buff.ly/3S7jxQ9 . . . . #BusinessGrowth #PricingStrategy #InflationImpact #ClientCommunication #RevenueGrowth #BusinessTips #EntrepreneurLife #SmartBusiness #WealthWorthWithin #CFO
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