BEYOND Podcast Ep. 230: 5 Ways To Maximize Your Profit Margins This Year

I'm Becky

The coach for moms called to business and host of the podcast BEYOND. I'm on a mission to help you grow as a person. 

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One of the keys to a profitable, sustainable business as a mom who doesn’t want to work 24/7? High profit margins. 

Too often, business owners are focused on overall revenue and sales and overlook ways to maximize profits. A “multiple six-figure business” sounds good on the outside, but if the reality is that only 10% is profit, it changes the value of that business. 

This year, I want to help you to make the most of your work time by maximizing profit.

On this episode, you’ll learn:

• What profit margins are

• Why a profit margin goal can be even more valuable than a revenue goal

• Two big mistakes entrepreneurs make that are stealing their profit

• 5 ways to maximize your profit margins this year

Much of what I’m sharing in this episode can be applied to personal finance goals just as easily as business goals, too.

Are you wanting to make 2023 a different kind of year? Let’s make it happen. Working together, you’ll get mindset support, weekly accountability plus business and marketing strategy – everything you need to build a life and business you don’t want to quit. Schedule your Next Step Call now to learn more.

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Beyond

This is the podcast for moms called to business as creative entrepreneurs and coaches. Through mindset and strategy, I help you leverage your faith and your beliefs to get out of your own way so that you simplify, focus and build a business that serves you, your family and your clients well – a business run with integrity that creates both income and impact. Around here, we go beyond the surface and dive deep into what matters most. We talk about mindset, faith, motherhood, money, marketing, messaging and more. So much of why you were called to business is because of who you’re becoming along the way. As your coach, my job is to help you grow your business. My mission is to help you grow as a person.

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Helping moms called to business as creatives and coaches simplify life and business to focus on the two things that matter most: your peace and profit.