Be a PROFITABLE Badass Small Business Owner

I recently did a video on how to read a balance sheet and I felt that it needed more conversation. So, in the podcast episode, I'm going to discuss the balance sheet in greater detail, so you understand why a balance sheet is a great tool in your business's toolbelt. You will love having the ability to know your business's value, anytime you want!   Check out the detailed breakdown in this video –...

Business is simple. We make it hard. Ok, it really is hard! But here are 5 mistakes small business owners often make. If you focus on them, your profits and sales will go up. I promise, if you work on these 5 simple things, your business will become easier to run.   _____________________     👉 Want to Learn Your Business Numbers Better? Check Out This Affordable Course: Understanding Your Busines...

What do you do when you get sick? Or maybe a loved one has a major emergency, and you are needed? Sometimes life is cruel, and your business has to compete with setbacks you weren't prepared for. How should you handle it?    _______________________________ The Badass Business Owner Podcast - TIPS for RUNNING A PROFITABLE SMALL BUSINESS _______________________________   Want to Learn Your Business...

Have you ever stopped and walked your business through the eyes of your customer? When you walk a big box retailer using your customer's eyes, it can give you insight into what your customers are experiencing in your business.   _______________________________ The Badass Business Owner Podcast - TIPS for RUNNING A PROFITABLE SMALL BUSINESS _______________________________   Want to Learn Your Busin...

Passion is a huge motivator in your business. But what happens when the passion disappears? Can you still be successful? How can you reignite the passion once it is gone?   _______________________________ The Badass Business Owner Podcast - TIPS for RUNNING A PROFITABLE SMALL BUSINESS _______________________________   Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Un...

You have kicked butt and your sales are through the roof! You can't wait to take the business to the next level! You have a sales goal in mind, but…. SLOW DOWN TURBO!  Before you go chasing that next level of sales, you need to slow down to speed up. Let's spend 6 – 12 months focusing on your profits before you go chasing more sales.   _______________________________ The Badass Business Owner Podc...

Business is booming and you need more space. Should you expand into a brick-and-mortar business? Maybe rent a warehouse or purchase some land? It is a question small businesses face as they grow beyond their home office and garage. Let's discuss what you need to have in place before making that big leap.   _______________________________ The Badass Business Owner Podcast - TIPS for RUNNING A PROFI...

We need to talk. I'm finding quite a few of you need to have a good honest, conversation about your hiring, your team development, and running scared when it comes to your employees. Having employees is never easy, but why are so many of you making it harder on yourself than it needs to be?   _______________________________ The Badass Business Owner Podcast - TIPS for RUNNING A PROFITABLE SMALL BU...

What Keeps You from Learning Your Business Numbers? Sure, you might be profitable but how profitable could your business be if you knew and understood your business numbers? Your numbers hide the key to unlocking massive profits and sales.   _______________________________ **TIPS for RUNNING A PROFITABLE SMALL BUSINESS** _______________________________   Want more? Here are some popular videos I h...

Are you one of those business owners that shoot from the hip and buys stuff for the business before you even run the numbers on the return you should get from it? Spending money in your business ca not be done willy nilly, you really need to stop and ask yourself would you spend your own money on it. Every time you spend money in the business, you are taking away from your business profits, so spe...

I get asked all the time how much money should be set aside for advertising in a small mom-and-pop type business. While many small businesses can do very well with zero to no advertising, most will spend some money each month. It isn't about how much you spend but rather what type of return on that advertising budget are you getting. Let's discuss…   **TIPS for RUNNING A PROFITABLE SMALL BUSINESS*...

Want to grow your business and thinking about expanding into other parts of town or new towns or cities?  Before you decide to chase sales in new areas, make sure you are focusing on your ideal customers. I promise you, you are only tapping the surface of what you can tap into in your own community.   **TIPS for RUNNING A PROFITABLE SMALL BUSINESS**   Want more? Here are some popular videos I have...

How often do you feel like you are a fraud and it is just a matter of time before your customers & fellow business owners discover it? You are so not alone. Almost all businesspeople go through this at some point or another. It is just you stuck in your head telling lies that you are allowing yourself to believe.     **TIPS for RUNNING A PROFITABLE SMALL BUSINESS**   Want more? Here are some popul...

We are all flawed business people. You are not alone. Stop beating yourself up. It is what you do with that knowledge that matters the most.   **TIPS for RUNNING A PROFITABLE SMALL BUSINESS**   Want more? Here are some popular videos I have on YouTube: HOW TO PRICE YOUR PRODUCTS CORRECTLY HOW TO PRICE YOUR SERVICES CORRECTLY HOW TO READ A PROFIT & LOSS STATEMENT   ~~~~ YOUTUBE CHANNEL: BABO Learni...

When you "head off to work" what is the first thing you do? For most small business owners, they just dive right in and get to work vs making this their first priority of the workday.      **TIPS for RUNNING A PROFITABLE SMALL BUSINESS**   Want more? Here are some popular videos I have on YouTube: HOW TO PRICE YOUR PRODUCTS CORRECTLY HOW TO PRICE YOUR SERVICES CORRECTLY HOW TO READ A PROFIT & LOSS...

You want more sales and more profits and are always looking for tips or tricks to make more money. This one sales hack will help you capitalize on the past to create even more profit going forward. It is one of the most underutilized yet powerful tools in your toolbelt.   **TIPS for RUNNING A PROFITABLE SMALL BUSINESS**   Want more? Here are some popular videos I have on YouTube: HOW TO PRICE YOUR...

Yes, you need to know your customer's pain point, but you also need to be aware of small business owners' pain points as well. It is just a matter of time before these issues start to wear you down have you question if you should continue to be a small business owner.   **TIPS for RUNNING A PROFITABLE SMALL BUSINESS**   Want more? Here are some popular videos I have on YouTube: HOW TO PRICE YOUR P...

How on earth do businesses with poor customer service even stay in business? Does this mean that you don't even need to focus on customer service? Does it even really matter? ```  **TIPS for RUNNING A PROFITABLE SMALL BUSINESS**   Want more? Here are some popular videos I have on YouTube: HOW TO PRICE YOUR PRODUCTS CORRECTLY HOW TO PRICE YOUR SERVICES CORRECTLY HOW TO READ A PROFIT & LOSS STATEMEN...

Over time the inventory in our business tends to grow. Next thing you know, you have hundreds if not thousands of dollars tied up that could be used to help the business grow! If you wish you had money to buy some equipment or invest in some advertising, then take a look at your extra inventory and how you can get rid of it to create some needed cash in the business!   **TIPS for RUNNING A PROFITA...

You are having a great year. You are ROCKING IT! Good money at the end of the day. But are you profitable? Do you make the sale, pay the bills and live off the rest? Then you might want to listen to this episode, as your business might not be as profitable as you think you are.   **SMALL BUSINESS OWNER TIPS for RUNNING A PROFITABLE BUSINESS**   Want more? Here are some popular videos I have on You...

What Is It You Do? | The Answer Might Surprise You Mindset is HUGE in your business. Sometimes it is the little things we say that give insight into what blocks us from huge success and profits. The answer to this one little question of "what is it you do" can really make the difference between earning employee wages and having a successful, thriving, highly profitable business.   **SMALL BUSINESS...

Yes! You Do Have Cost of Goods in Your Business! There are many small business owners who own a service-based business and their bookkeeper is telling them they don't have costs of goods only expenses. Or they just take a lump sum of money at the end of the month and do not properly account for the labor hours that are part of the service. Let's take a closer look at this often misunderstood secti...

The number one mistake many small business owners make is failing to save for their taxes for their small business. This can lead to thousands of dollars in back taxes. We will discuss the best practice that can help save you from having the IRS on your back.   **SMALL BUSINESS OWNER TIPS for RUNNING A PROFITABLE BUSINESS**   Want more? Here are some popular videos I have on YouTube: HOW TO PRICE...

The most powerful and important thing you can do to earn more money in your business is to learn your business numbers. By knowing your business numbers, you make better decisions on how to price and where the spend the money you take in via your sales. Make a commitment to know your business's numbers and watch your profits grow!   **SMALL BUSINESS OWNER TIPS for RUNNING A PROFITABLE BUSINESS**  ...

Time to finish the year strong! Sales dip so what can you do to increase your sales at the end of the year? Here are 3 things you can do that some businesses find some great success with. Always remember, finish the year strong so you can start the new year even stronger!   **SMALL BUSINESS OWNER TIPS for RUNNING A PROFITABLE BUSINESS**   Want more? Here are some videos on how to price correctly:...