Sep 12, 2019
Use Your P&L Statement to Hit Your Profit Goal
Have a Profit Goal? Figure Out Your Sales Goal to Hit It! Your Profit & Loss Income Statement has some great stuff to help you hit the profit goals of your business. By just using the percentages from your sales, COGS, expenses, and profit, you can work backward and determine what sales you need and what your COGS & expenses will typically run to hit that goal. We will even walk through an example so you can see how easy it is.
How crazy would it be to know exactly what you need to do to hit the profit goals you have! Don’t just survive, time to thrive!
The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in personal income. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.
WHO THIS PODCAST IS FOR:
local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams