Welcome to The Profit Talk! In this show, we're going to help you explore strategies to help you maximize profits in your business while scaling and creating the lifestyle that you want as an entrepreneur. I am your host, Susanne Mariga! I’m a CPA, a Fractional CFO, and a Certified Profit First Professional Mastery Level providing tax strategies to 7 and 8-figure entrepreneurs. Let's dive into strategies to maximize profits in your business! 

Check out today's episode where I talk about Strategic Planning: What Works and What Doesn't. 

Key Takeaways

• Understanding the importance of identifying which business processes to continue or stop
• The role of metrics and KPIs in making informed business decisions
• Leveraging data analysis for strategic planning and removing unproductive activities
• The risks of relying solely on intuition instead of data for business assessments
• The necessity of understanding financial figures to prevent significant business losses
• Applying the Pareto principle to focus on the most profitable business aspects and cut losses
• Adjusting pricing, staff training, and using data for monthly strategic planning to ensure profitability

Visit my FREE Facebook Group, The Profit First Masterclass, where I'll be sharing additional exclusive trainings to members of the community.  

If you're excited about what's next for your business and upcoming episodes, please head to our itunes page and give us a review! Your support will help me to bring in other amazing expert interviews to share their best tips on how to powerfully grow in your business! 

DISCLAIMER: The information contained within these videos is provided for informational purposes only and does not constitute, an accountant-client relationship. While we use reasonable efforts to furnish accurate and up-to-date information, we assume no liability or responsibility for any errors, omissions, or regulatory updates in the content of this video. Any U.S. federal tax advice contained within is not intended to be used for the purpose of avoiding penalties under U.S. federal tax law.