Underpricing does not just affect your profit margins. It affects how you feel about your work, how you show up in your relationships, and how you see yourself as a leader. At first, underpricing can ...
Why I Love Me An Organizational Chart
There are very few business tools that have impacted my decision-making more than an organizational chart. Most people think of organizational charts as a simple...
There is a special kind of heartbreak that comes from seeing big numbers in your sales while your bank account still feels empty. You celebrate a record month, a huge contract, or your best quarter ye...
The cost of labor for your company: $235,078
Your desired profit: $117,539
Your total to cover labor costs: $352,617
Payroll is your biggest expense and your biggest investment. It is also the hard...
Negative cash flow is not a sign of failure. It is actually a normal part of operating your business. Think of it like the ocean and the ebb and flow of the tide. The same is true for your business in...
There is something deeply calming about knowing that money is coming in before you even start your day. Not because you hustled harder yesterday. Not because you chased another sale. When you rely onl...
“82% of businesses fail due to cash flow problems,” according to Jessie Hagen of U.S. Bank, cited by SCORE, Counselors to America’s Small Business. The American Psychological Association reports that ...
There is a completely different kind of confidence that comes from truly knowing your numbers instead of guessing, hoping, or trying to feel your way through decisions. When your books are clean and u...
Most business owners believe the sale is the hard part. In reality, the hardest phase of a recurring revenue relationship begins immediately after the contract is signed and the first payment is made....
Some estimates suggest that as many as 50 percent of businesses fail within the first five years. Depending on your industry, that number can climb even higher. Even if we take the most optimistic int...
At this stage, your KPIs are now showing you how your business is performing in real time.
You have used the EPI Formula to calculate your income goal.
You have broken that goal down into revenue ge...
This KPI focuses on the specific number of clients you need to achieve your bite size income goals for each revenue generator.
At this point, you already know your total income goal from the EPI Form...
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