Know Your Profitability

Mastering Profitability: Making Informed Choices

We delve into understanding your profitability like a pro. Let's break it down with a real-life example. Service/Product A 1 yields $3k revenue per sale, with $996 in wages and $425 in expenses, leaving $1,579 for the business. The total hours invested? Around 9, translating to approximately $175 per hour.

Contrastingly, Service/Product B rakes in $5k revenue, $654 in wages, $900 in expenses, and a business share of $3,446. The hours invested? Just 6, which equals a remarkable $575 per hour.

Spot the pattern? High profitability and less time investment! If this were your business, the focus would be clear, right?

Master your revenue formulas for cash flow forecasts and time management insights. This heightened awareness can steer strategic shifts and streamlined processes, elevating your business.

Your responsibility: Do better, be better. Unveil your financial prowess, business warriors!