Be a PROFITABLE Badass Small Business Owner

Tammy Adams
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You Don't Have a Revenue Problem. You Have a Profit Problem! If you're working your butt off and still not making real profit… this channel is for you. Most small business owners don't have a sales problem. They have a numbers problem. You don't need complicated spreadsheets. You don't need corporate finance talk. You need to understand what your Profit & Loss is actually telling you. Here's what we do around here: • Break down your numbers in plain English • Show you how to use QuickBooks reports to grow profit • Help you price smarter • Help you stop guessing • Help you finally pay yourself consistently Because sales without profit? That's just an expensive hobby. If you're ready to stop reliving the same year over and over… Welcome to the profit game My Badass Business Owner!

  1. Should You Raise Prices Because of Gas Costs? How to Decide the Right Way

    1D AGO

    Should You Raise Prices Because of Gas Costs? How to Decide the Right Way

    Gas prices go up… so should your prices go up too? This is a question many small business owners are asking, and the answer is not always simple. Today, we break down the pros and cons of passing along higher gas costs to your customers. You will learn when it makes sense to raise prices, when it might hurt your business, and how to think through the decision using your numbers. Pricing should never be based on emotion or panic. It should be based on understanding your costs, your margins, and your overall profitability. If you want to protect your profits and make smart pricing decisions, this is a conversation you need to have. -----------------------------   DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com     NEED A BOOKKEEPER?  👉 Check out BABO Bookkeeping.  https://babobookkeeping.com  Yep! We can help you do your bookkeeping so you can focus on growing your business!   CONTACT ME:   👉  Bookkeeping for Your Business: tammy@babobookkeeping.com   WATCH VIDEOS:  👉 Watch on the Youtube Channel - Plus EXTRA TRAININGS on there:  https://www.youtube.com/@BadassBusinessOwners    -----------------------------  TOOLS TO HELP YOU RUN A BETTER BUSINESS Recommended Bookkeeping: 👉 The #1 Tool You Need:  Quickbooks Online - https://babolearning.com/quickbooks  You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments  -----------------------------     Books I Recommend to Help You Take Your Business to the Next Level 👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC 👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR 👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8 👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m 👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS 👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7 👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi  ----------------------------    👉  DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better   👉  DISCLAIMER:  I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed.  I'm sharing my experiences with my businesses and those I have worked for and/or helped coach.

    12 min
  2. You Might Also Like: The Story of Money

    1D AGO ·  BONUS

    You Might Also Like: The Story of Money

    Introducing When money went rogue: banking in 19th-century frontier America from The Story of Money. Follow the show: The Story of Money In 19th-century America almost anyone could print their own money – and many did. One of the most notable figures to take this up was a man named James Brown, a charismatic conman who built a fortune producing fake banknotes. In this episode of The Story of Money, Stephen Mihm, a professor of history at the University of Georgia, introduces hosts Gillian Tett and Robin Wigglesworth to “the hardest working man in counterfeiting”. They discuss the parallels between banking in the Wild West and the advent of cryptocurrencies today, and the role trust plays in all financial systems.     Further reading: A Nation of Counterfeiters: Capitalists, Con Men, and the Making of the United States, by Stephen Mihm (2007)  The Square and Tower: Networks, Hierarchies and the Struggle for Global Power, by Niall Ferguson (2018) To enjoy future episodes, be sure to subscribe to The Story of Money wherever you get your podcasts, and also follow the show's dedicated YouTube channel here.  Learn more at ft.com/tsom   Hosts: Gillian Tett and Robin Wigglesworth Guest: Stephen Mihm Producer: Lulu Smyth Senior Producer: Michela Tindera and Laurence Knight Executive Producers: Flo Phillips and Manuela Saragosa Original music: Breen Turner Broadcast engineers: Bianca Wakeman and Petros Giuompasis Podcast Development: Laura Clarke FT Global Head of Audio: Cheryl Brumley Video editor: Kristen Kenyon at Podcast Discovery Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information. DISCLAIMER: Please note, this is an independent podcast episode not affiliated with, endorsed by, or produced in conjunction with the host podcast feed or any of its media entities. The views and opinions expressed in this episode are solely those of the creators and guests. For any concerns, please reach out to team@podroll.fm.

  3. How to Use the 80/20 Rule to Fix What's Really Holding Your Business Back

    MAY 10

    How to Use the 80/20 Rule to Fix What's Really Holding Your Business Back

    Feeling overwhelmed in your business? You might be trying to fix too much at once. Let's focus small and get big results! Today, we break down the 80/20 rule and how it applies directly to your business. The idea is simple. A small portion of what you do is responsible for the majority of your results. That means 20% of your products likely drive 80% of your sales. 20% of your processes may be causing 80% of your problems. And 20% of what is on your Profit & Loss could be driving most of your profit issues. Instead of spreading yourself thin, you need to narrow your focus. Find the few things that matter most and work on those first. When you do, you can create bigger results with less effort and finally start moving your business forward. -----------------------------   DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com     NEED A BOOKKEEPER?  👉 Check out BABO Bookkeeping.  https://babobookkeeping.com  Yep! We can help you do your bookkeeping so you can focus on growing your business!   CONTACT ME:   👉  Bookkeeping for Your Business: tammy@babobookkeeping.com   WATCH VIDEOS:  👉 Watch on the Youtube Channel - Plus EXTRA TRAININGS on there:  https://www.youtube.com/@BadassBusinessOwners    -----------------------------  TOOLS TO HELP YOU RUN A BETTER BUSINESS Recommended Bookkeeping: 👉 The #1 Tool You Need:  Quickbooks Online - https://babolearning.com/quickbooks  You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments  -----------------------------     Books I Recommend to Help You Take Your Business to the Next Level 👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC 👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR 👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8 👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m 👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS 👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7 👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi  ----------------------------    👉  DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better   👉  DISCLAIMER:  I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed.  I'm sharing my experiences with my businesses and those I have worked for and/or helped coach.

    11 min
  4. What Makes Your Business Different?

    MAY 4

    What Makes Your Business Different?

    Why should a customer choose you over your competition? If you cannot answer that clearly, you are making it harder than it needs to be to grow your business. In this video, we talk about what it really takes to stand out. Whether it is choosing a niche, delivering exceptional customer service, or solving a specific problem better than anyone else, your goal is to become the obvious choice. We also talk about how your competition is not the enemy. It is actually one of your best teachers. Study what they do well, not just what they do wrong, and use those insights to improve your own business. At the end of the day, standing out is not about being louder. It is about understanding what your customers truly want and becoming the business that delivers it best. -----------------------------   DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com     NEED A BOOKKEEPER?  👉 Check out BABO Bookkeeping.  https://babobookkeeping.com  Yep! We can help you do your bookkeeping so you can focus on growing your business!   CONTACT ME:   👉  Bookkeeping for Your Business: tammy@babobookkeeping.com   WATCH VIDEOS:  👉 Watch on the Youtube Channel - Plus EXTRA TRAININGS on there:  https://www.youtube.com/@BadassBusinessOwners    -----------------------------  TOOLS TO HELP YOU RUN A BETTER BUSINESS Recommended Bookkeeping: 👉 The #1 Tool You Need:  Quickbooks Online - https://babolearning.com/quickbooks  You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments  -----------------------------     Books I Recommend to Help You Take Your Business to the Next Level 👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC 👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR 👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8 👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m 👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS 👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7 👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi  ----------------------------    👉  DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better   👉  DISCLAIMER:  I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed.  I'm sharing my experiences with my businesses and those I have worked for and/or helped coach.

    10 min
  5. Sales Up, Profit Down? Here's Where Your Money Is Going

    APR 27

    Sales Up, Profit Down? Here's Where Your Money Is Going

    Your sales are up… but your profit is down. What is going on? Too many business owners find themselves working harder, bringing in more revenue, and still making less money. The first step to fixing it is not guessing. It is going straight to your Profit & Loss and comparing it to previous time periods. Most people jump straight to cutting expenses, and yes, that matters. But the real issue for many businesses is sitting in payroll, payroll taxes, and subcontractors. Instead of improving processes and developing their team, they keep adding more people. And now payroll is eating up all the profit. Today, we break down where to look, what trends to watch for, and how to address the real problem so your business can become more efficient and more profitable. -----------------------------   DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com     NEED A BOOKKEEPER?  👉 Check out BABO Bookkeeping.  https://babobookkeeping.com  Yep! We can help you do your bookkeeping so you can focus on growing your business!   CONTACT ME:   👉  Bookkeeping for Your Business: tammy@babobookkeeping.com   WATCH VIDEOS:  👉 Watch on the Youtube Channel - Plus EXTRA TRAININGS on there:  https://www.youtube.com/@BadassBusinessOwners    -----------------------------  TOOLS TO HELP YOU RUN A BETTER BUSINESS Recommended Bookkeeping: 👉 The #1 Tool You Need:  Quickbooks Online - https://babolearning.com/quickbooks  You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments  -----------------------------     Books I Recommend to Help You Take Your Business to the Next Level 👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC 👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR 👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8 👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m 👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS 👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7 👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi  ----------------------------    👉  DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better   👉  DISCLAIMER:  I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed.  I'm sharing my experiences with my businesses and those I have worked for and/or helped coach.

    16 min
  6. Easy Way to Know if it is Worth the Money

    APR 20

    Easy Way to Know if it is Worth the Money

    So you want to spend $500 in your business, but when will you make your money back?  Maybe it is advertising, people, a course, or even a lunch. Everything you spend comes at a cost. Don't make this mistake so many folks make in thinking the first $500 will pay you back. It doesn't work like that.  -----------------------------   DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com     NEED A BOOKKEEPER?  👉 Check out BABO Bookkeeping.  https://babobookkeeping.com  Yep! We can help you do your bookkeeping so you can focus on growing your business!   CONTACT ME:   👉  Bookkeeping for Your Business: tammy@babobookkeeping.com   WATCH VIDEOS:  👉 Watch on the Youtube Channel - Plus EXTRA TRAININGS on there:  https://www.youtube.com/@BadassBusinessOwners    -----------------------------  TOOLS TO HELP YOU RUN A BETTER BUSINESS Recommended Bookkeeping: 👉 The #1 Tool You Need:  Quickbooks Online - https://babolearning.com/quickbooks  You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments  -----------------------------     Books I Recommend to Help You Take Your Business to the Next Level 👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC 👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR 👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8 👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m 👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS 👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7 👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi  ----------------------------    👉  DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better   👉  DISCLAIMER:  I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed.  I'm sharing my experiences with my businesses and those I have worked for and/or helped coach.

    11 min
  7. Find Hidden Profits in Your Last 90 Days

    APR 13

    Find Hidden Profits in Your Last 90 Days

    Your Profit & Loss statement is more than just a report. It is a roadmap to better decisions and higher profits. Today, we walk through how to review the last 3 months of your P&L and use it to spot trends that matter. You will learn how to compare your most recent month to prior months, look at year to date performance, and compare it to last year to see what is really changing in your business. We also talk about how to find hidden profits, identify profit leaks, review payroll, and uncover broken processes that are costing you money. Your numbers will show you exactly where the problems and opportunities are if you take the time to look. If you want a more profitable business, start by understanding the trends in your numbers. -----------------------------   DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com     NEED A BOOKKEEPER?  👉 Check out BABO Bookkeeping.  https://babobookkeeping.com  Yep! We can help you do your bookkeeping so you can focus on growing your business!   CONTACT ME:   👉  Bookkeeping for Your Business: tammy@babobookkeeping.com   WATCH VIDEOS:  👉 Watch on the Youtube Channel - Plus EXTRA TRAININGS on there:  https://www.youtube.com/@BadassBusinessOwners    -----------------------------  TOOLS TO HELP YOU RUN A BETTER BUSINESS Recommended Bookkeeping: 👉 The #1 Tool You Need:  Quickbooks Online - https://babolearning.com/quickbooks  You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments  -----------------------------     Books I Recommend to Help You Take Your Business to the Next Level 👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC 👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR 👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8 👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m 👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS 👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7 👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi  ----------------------------    👉  DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better   👉  DISCLAIMER:  I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed.  I'm sharing my experiences with my businesses and those I have worked for and/or helped coach.

    14 min
  8. Subcontractor Bookkeeping Mistakes That Can Cost You Money!

    APR 6

    Subcontractor Bookkeeping Mistakes That Can Cost You Money!

    Are you handling your subcontractors the right way when you pay them? This is one area where small mistakes can turn into big problems. Let's break down the difference between a subcontractor and an employee, and why it matters for your business. We also walk through the correct way to pay subcontractors, what information you need to collect, and why getting a W9 is not optional. If you skip these steps, you could end up paying more in taxes or even violating the law. This is not about making things complicated. It is about protecting your business and doing things the right way from the start. -----------------------------   DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com     NEED A BOOKKEEPER?  👉 Check out BABO Bookkeeping.  https://babobookkeeping.com  Yep! We can help you do your bookkeeping so you can focus on growing your business!   CONTACT ME:   👉  Bookkeeping for Your Business: tammy@babobookkeeping.com   WATCH VIDEOS:  👉 Watch on the Youtube Channel - Plus EXTRA TRAININGS on there:  https://www.youtube.com/@BadassBusinessOwners    -----------------------------  TOOLS TO HELP YOU RUN A BETTER BUSINESS Recommended Bookkeeping: 👉 The #1 Tool You Need:  Quickbooks Online - https://babolearning.com/quickbooks  You must have a good, easy to use bookkeeping system. The #1 option for those needing invoicing & online payments  -----------------------------     Books I Recommend to Help You Take Your Business to the Next Level 👉 Profit First by Mike Michalowicz – https://amzn.to/3nBsCRC 👉 eMyth Revisited by Michael Gurber - https://amzn.to/3bMDTeR 👉 How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off – Donald Miller - https://amzn.to/4bvCDX8 👉 Atomic Habits by James Clear - https://amzn.to/3kpXs1m 👉 Building a Storybrand by Donald Miller - https://amzn.to/3y5t0fS 👉 The ONE Thing by Gary Keller & Jay Papasan - https://amzn.to/3yciFi7 👉 The 12 Week Year - Brian Moran & Michael Lennington - https://amzn.to/3R54Smi  ----------------------------    👉  DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better   👉  DISCLAIMER:  I am not an attorney, CPA, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed.  I'm sharing my experiences with my businesses and those I have worked for and/or helped coach.

    16 min
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About

You Don't Have a Revenue Problem. You Have a Profit Problem! If you're working your butt off and still not making real profit… this channel is for you. Most small business owners don't have a sales problem. They have a numbers problem. You don't need complicated spreadsheets. You don't need corporate finance talk. You need to understand what your Profit & Loss is actually telling you. Here's what we do around here: • Break down your numbers in plain English • Show you how to use QuickBooks reports to grow profit • Help you price smarter • Help you stop guessing • Help you finally pay yourself consistently Because sales without profit? That's just an expensive hobby. If you're ready to stop reliving the same year over and over… Welcome to the profit game My Badass Business Owner!

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