295. Selling Part of Her Business Led to a 376% Profit Margin Increase
Description
What if cutting 40% of your client base was actually a catalyst for business growth?
It sounds backwards, but that’s the bold move Stephanie Skryzowski made — and it paid off big time. After selling off the small business arm of her financial strategy & bookkeeping firm, 100 Degrees Consulting, Stephanie saw a 73% revenue jump and a 376% increase in profit margin in just one year.
In this case study, we unpack why Stephanie sold off a misaligned division of her business and how she structured the deal.
If you’ve ever wondered what it looks like to sell a part of your business — or whether you should — Stephanie’s strategic decision proves it’s not an all-or-nothing scenario when it comes to exiting your business.
Connect with Stephanie:
Our business sale an reacquisition episode with Cathryn Lavery: https://link.chtbl.com/w003DwtT
Iconic business leaders all have their own unique genius. Take this quick 10 question quiz to uncover your specific CEO style advantage: https://cubicletoceo.co/quiz
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