Tag: profit margins

profit, profit leakage, dirty dozen, profitability, profit and loss, business growth, business profit, strategic growth, business owner

The Dirty Dozen of Profit Leakage

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12 Hidden Issues that Could Be Hurting Your Business Revenue

As a business management consultant, I’ve had the privilege of collaborating with many types of owners to uncover problems and create healthy growth in their businesses. One common problem I see in companies of all sizes is profit leakage — areas where money is steadily flowing out of the company, unnoticed and unchecked.

To help owners and leaders identify these silent leaks, I developed a method to pinpoint the sources of profit loss.

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profit leaks, leaks in business, business owner

Introduction to Profit Leaks: What Every Business Owner Should Know

Published on by Grace LaConteLeave a comment

Running a business often feels like a constant chase for profitability. Despite hard work from both you and your team, the expected profits might still fall short. One common but frequently overlooked reason for this is profit leaks. These are small, seemingly insignificant losses that, when combined, can significantly impact your bottom line. Understanding and addressing these profit leaks is crucial for maintaining financial health and ensuring long-term success.

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chasing money

Paycheck to Paycheck and Trapped in an MLM

Published on by Grace LaConteLeave a comment

Recently I received a message from Mary in Dallas, Texas:

I found your blog, someone very close to me is trapped in an MLM – how
do I get her out? Please help. She is in SuperPatch Company and she
tells everyone she makes millions, I know for a fact her and her
husband live pay check to pay check.

Please pass any advice.

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woman business owner, business challenges

The 5 Challenges of Being a Female Business Owner

Published on by Grace LaConteLeave a comment

Can women business owners expect to generate the same or higher profit as male owners? How has COVID impacted business outcomes?

Let’s take a look at some facts about why female business owners face unique challenges, along with practical ways to offer support.

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2020 year in review

My 2020 Business Year In Review (a Year Late)

Published on by Grace LaConte2 Comments

It has taken me 14 months to finally take stock of what took place in my business. As with many owners, 2020 did not deliver the outcomes I was expecting.

The idea of re-living those disappointments felt so painful… that I decided to delay the Year In Review process until now.

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growing business industries despite pandemic

Which 64 Business Industries are Growing Despite the Pandemic

Published on by Grace LaConteLeave a comment

Customer habits are changing as a result of the COVID pandemic. In order to remain competitive, nearly every business owner has had to adapt their delivery, communication method, and product offering.

This change is obvious for industries such as food service, hair salons, nail care, and other in-person businesses where profit margins have been hit especially hard… resulting in the closure of 200,000 businesses (and counting). However, some areas of the market are actually enjoying tremendous profitability.

Want to know what they are?

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Gray background with photo of empty wallet and title "12 False Promises MLM Companies Often Make"

12 False Promises MLM Companies Often Make

Published on by Grace LaConte28 Comments

Multi-Level Marketing (MLM) companies use a variety of tricks designed to lure unsuspecting people into “get rich quick” schemes. Want to know which ones are the most common?

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Airplane on tropical runway and title "Doing a Post-Flight Check of Your Business"

Doing a Post-Flight Check of Your Business

Published on by Grace LaConteLeave a comment

The pilot skillfully descends, hits the tarmac smoothly, and taxis to the hangar. What happens after the plane lands?

Rest & relaxation would be nice, but pilots always do a post-flight inspection of their aircraft. Not only do they make sure that everything is in working order, they also inspect every system for signs of possible malfunctions that could affect the next flight.

Business owners can avoid potential loss or harm by conducting both a Pre-Flight Check of events or projects yet to occur, as well as a Post-Flight Check. Let’s take a look at what you can do once a project ends. 

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