8 episodes
The KBB Unstoppable Business Owner Podcast Kevin D Bannister
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- Business
Welcome to The KBB Unstoppable Business Owner Podcast, the go-to show for entrepreneurs and professionals in the KBB & home Improvement industry I will be delving into the unique challenges you encounter in your entrepreneurial journey. My aim is to assist you in building an unstoppable business that is exit ready, empowering you with increased profitability and the invaluable gift of more time to work on your business rather than in the business.So, hit that subscribe button and join us on this journey to becoming an unstoppable business owner. New episodes each week, and you won’t want to miss what we have in store!
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8. Mark Conacher’s Business Journey - Why You Need To Stand Out In The Top 20%
Embracing Change and Navigating Business Challenges with Mark ConacherIn Episode 8 of the KBB Unstoppable Business Owner Podcast, host Kevin is joined by Mark Conacher, the Managing Director of Senstec USA, for a comprehensive discussion on business ownership, overcoming challenges, and adapting to change.Mark shares insights from his extensive experience, starting from his beginnings as a construction and installation business owner to transitioning into his current role. He discusses the pi...
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7. The Financial Concepts Every Business Owner Should Understand
Financial mismanagement can damage competitiveness and create instability and insecurity. Cash flow issues, inaccurate financial performance, late payments, financial instability, and potential business failure are common challenges. Understanding financial concepts like cash flow, gross profit, net profit, accounts receivable, and balance sheets is crucial. Choosing between cash and accrual accounting methods impacts financial reporting. Addressing these challenges is crucial for the well-be...
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6. Is Your Business Stagnating?
Combatting Business Stagnation: A Proactive ApproachIn this episode of the KBB Unstoppable Business Owner podcast, host Kevin D Bannister discusses the critical issue of business stagnation, comparing it to a stalled engine that needs maintenance.He highlights the importance of a clear vision, customer focus, and employee engagement to prevent and address stagnation.Stagnation can manifest through declining revenue, customer dissatisfaction, employee disengagement, and lack of innovation, whi...
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5. What does the drop in inflation actually mean to you as a business owner
In this episode of the KBB Unstoppable Business Owner podcast, host Kevin D Banister explores the topic of inflation and its effects on consumer behavior and business operations.Beginning with a brief overview of inflation's rise to 11.1% in October 2022 and its subsequent decrease to 3.2%, he discusses the broader implications of these changes. He points out how inflation impacts buyer confidence, leading to reduced spending, and how businesses are affected in turn.Kevin explains the role of...
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4. Is Your Business Losing Money?
In this episode of the KBB Unstoppable Business Owner Podcast, Kevin D Bannister addresses common ways businesses lose money and emphasizes the importance of not just focusing on sales and direct costs. He highlights the critical nature of regularly reviewing a business's financial performance to ensure profitability, citing a QuickBooks study that businesses doing so were 46% more likely to be profitable.Kevin outlines a three-step approach for businesses to stop losing money, which includes...
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3. Choose Wisely: The Revenue or Profit Game
In this episode of the KBB Unstoppable Business Owner podcast, Kevin D Bannister delves into the distinction between focusing on revenue and prioritising profit, terming it 'the revenue or profit game.' He illustrates how businesses often get caught up in the excitement of increasing sales and fail to focus on the actual profits, leading to a cycle of overspending without sustainable growth.Through examples like Victoria Plum, Kevin discusses the pitfalls of aiming for top-line growth at the ...