Ep. 270 | Secrets to Small Biz Success with Profit Mastery CEO Colin King
Update: 2024-05-20
Description
Join host Tom Kindred and guest Colin King, CEO of Profit Mastery, for a no-nonsense conversation about the financial tools and strategies every small business owner needs to thrive. In this episode, you'll learn:
- Essential financial concepts: Understand the basics of income statements, balance sheets, and cash flow to make informed decisions for your business.
- Financial ratios decoded: Discover how these simple calculations can reveal the hidden strengths and weaknesses of your business.
- Break-even analysis: Find out how to determine your break-even point to set realistic sales goals and pricing strategies.
- Real-world advice: Colin shares his experience as an entrepreneur and offers practical tips for managing your finances like a pro.
Whether you're a financial novice or a seasoned business owner, this episode is packed with valuable insights that will help you take control of your financial future and achieve lasting success.
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