Today’s episode marks the beginning of a compelling multi-part series on the Financial Priority Formula. In this first installment, Shannon unveils a game-changing financial metric: Gross Margin. Inspired by a recent discovery call, Shannon introduces a powerful new framework for financial focus in business. Listeners will learn about the crucial role of Gross Margin in assessing core profitability and get practical tips on how to calculate and leverage this often-overlooked metric. Tune in and prepare to transform your financial strategy, one layer at a time!
What you'll hear in this episode:
02:32 Limit power sessions to savoring one dish.
03:17 Focus on one area at a time.
09:03 Identify profitable offers through in-depth profitability study.
If you like this episode, check out:
What Are the 3 Things You Need to Know Before Buying a Business?
You Don't Actually NEED An Accountant
Why You May Want a C Corp in Your Business Structure
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Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ
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The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.
Information
- Show
- FrequencyUpdated Daily
- PublishedSeptember 16, 2024 at 9:00 AM UTC
- Length12 min
- Season1
- Episode648
- RatingClean