Business Builders Blog

Get Intentional About Your Profits!

Imagine it’s December 2021, and you’re reviewing the results of your business for the past year and you notice that compared to 2020, your profits are WAY up, AND, you didn’t have to kill yourself to make it happen! How great will that be?!

That’s what’s possible when you get intentional about your profits. Planning for increased profits by creating an operating budget for your business is the first step. I don’t just mean a revenue plan (most people have one of those), I mean planning for bottom-line net profits and increased cash flow.

In today’s video, I’m going to share with you the tools and steps to employ to help you do just that for your business.

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Control Your Business So It Doesn’t Control You

During this time, many contractors are feeling a lack of control over their business.  Being forced to stop working and shelter in place can feel like someone else is driving your destiny.

I get it. And while this can be super frustrating, there IS something you can do to have more control.

The one thing that always gives us more control is information. Information give us..

Clarity so we can have…
Confidences, so we can take…
Powerful Actions

Today’s video is an interview I did with Devon Tilly, host of the podcast, Art of Construction.  In this interview Devon starts out bay asking me…

How do you see contractors are being controlled by their business?

As you watch and listen, here are a few questions to ask yourself…

What DO I know and how can I get more clarity?
How CAN I plan for the unknown?
What choices do I have now?

Want to hear what other contractors are doing right now to improve their businesses?  Join me next Wednesday 4/15 as I interview 6 contractors who are using this time to make their companies better.

Wishing you good health, well-being and success!

Warmest,

 

Vicki Suiter helps people see their businesses differently, then gives them the tools to do things differently.  Since beginning her business in 1990, Vicki has helped hundreds of contractors achieve the kind of success they never dreamed possible. Today, in addition to consulting, Vicki is an in-demand speaker at industry conferences nationally and internationally. Vicki’s articles and opinions have been widely shared in print and across the web. She is also the author of the book “The Profit Bleed” How managing margin can save your contracting business.

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