Episode 437: Down to Business 2 – How to Maximize Your Profit Margin
Last week on the podcast, we broke down what you need to know about being a personal brand versus the digital CEO of your business, and in today’s Down to Business installment, we’re discussing expenses. Get ready because in this episode we’re revealing the ways that each expense will impact your profitability!
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I want to invite you to help contribute to this podcast by submitting a question for a #Q&AEdition of The Mind Your Business Podcast. All you have to do is go to http://jameswedmore.com/QA and record a question (4 minutes or less) that could be featured on an upcoming episode.
In this episode you’ll hear:
- The different types of costs to be aware of, plus how they each will impact your profitability
- What’s the right, and wrong, question to be asking in regards to expenses
- The best ways to build and manage a great team
- How to decide whether or not to spend money on something new in your business
- And more!
Links:
Episode 436: Down to Business 1 - How to be More Profitable in 2021
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