These 5 Steps Will Take You There!
This interview series was originally titled, “5 Things Entrepreneurs Overlook In Their Business Planning”. But after recording it, I didn’t feel it captured the true power of the 5 steps.
So don’t let the title cards on each of the videos fool you.
If you understand these steps and implement them in your business, you will be well on your way to creating predictable profits!
Your Profit Coach,
Understand your pricing
Other people’s pricing has nothing to do with your pricing. Yes, you need to consider what the market will bear, but more importantly, it has to do with your overhead and your infrastructure. Use tools like a base price worksheet to know what your baseline and starting point is.
Sales Plan vs Cash Flow
Remember, cash is king. What are your monthly, quarterly, and annual goals? Sales don’t necessarily equal cash. Look at your overall business and your sales plan and be realistic about how much cash you actually have.