147: How to Increase Your Profits in the New Year with a Quick Evaluation of These 4 Things
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I run a pretty lean business \\u2014 meaning lower expenses, higher profit margins! I\\u2019m proud of that. That\\u2019s a PRO of online business, we can be lean! However, so often we overspend without even thinking about it. It\\u2019s easy to just spend, spend, spend! Shiny object syndrome is real. And most of us (myself included) did not study finance, accounting, and bookkeeping in any professional capacity. We might struggle to really SEE where our money is going.\\xa0
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As we move into the new year, it\\u2019s the perfect time to evaluate what\\u2019s been happening in our business financially and what shifts we can make to improve our finances! Let\\u2019s look critically at our business\\u2019 finances today to see what shifts we can make to increase our profit margins! I am going to show you 4 areas to evaluate in your business finances to get your profits higher and spending lower for the new year!\\xa0
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Think you want more financial tools to track this kind of stuff? Check out my resource, Profit Sheet! This is the tool I created and have used for years to track my business finances. You can track everything from tax payments, to what you pay yourself monthly, profit margins, and so much more! Buy it at https://elizabethmccravy.com/profit-sheet\\xa0
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Links mentioned in this episode:
- Get the blog version/full show notes for this episode: http://elizabethmccravy.com/147
- Get QuickBooks at 55% off:\\xa0 https://elizabethmccravy.com/quickbooks\\xa0
- Get Profit Sheet for your business: https://elizabethmccravy.com/profit-sheet\\xa0
- Connect on Instagram: https://www.instagram.com/elizabethmccravy/\\xa0
- Shop Showit templates: https://elizabethmccravy.com/shop\\xa0
- Why You Shouldn\\u2019t Use Personal Venmo for Your Business: https://elizabethmccravy.com/88\\xa0
Take the Website Personality Quiz at https://elizabethmccravy.com/quiz to get your FREE Canva templates, 10% off of your website template, a free month of Showit, and a full brand profile for your business!
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