How To Make More Profit in Business: 4 Steps You Can Take

4 Steps to Bring In More Profits In Your Business

04

4 Steps to Bring In More Profits In Your Business

03

4 Steps to Bring In More Profits In Your Business

02

4 Steps to Bring In More Profits In Your Business

01

Latest posts

Download now

End of Year 2022 Money Management Checklist

Grab your completely free

being the boss

biz money

taxes

Categories:

Hey you, over there! Yah, you. The one who thinks they're not great at numbers. I'm talking to you, and I've got news for you. You can and WILL be a badass money maker. Stick with me - check out my free resources, dive into our Facebook community and let's get to work.

CPA, Biz money expert

I'm Meg!

More about me >

Take me there

We'd love to see you in our Badass Money Makers group!

Join the community

Connect with me:

4 Steps to Bring In More Profits In Your Business

Biz Money

As a business and financial coach, I get a lot of questions about bank accounts, what accounting systems to use, how to pay quarterly taxes, and all of that fun stuff. But when I really drilled down with people in my community and asked them what they are really struggling with and what their big roadblock is, by far the biggest thing that people tell me is this: making money or how to make more profit in business.  

One important factor in being a successful entrepreneur is learning ways to improve your business’ profitability. You might know of some businesses that suffered failures or setbacks despite having a high-demand on their products or services. This usually stems from not having a concrete plan on how to increase their profits.  

It’s also really important to discuss one thing that may possibly be very obvious to a lot of people, but still a good point to make when talking about profits. And that is: there is a difference between revenue and profits. Revenues are what you bring into your business. Profit, on the other hand, is your revenue minus your expenses. If you want to dig deeper into that, you can check this post about Revenue Vs Profits to find out more. 

Inside the video

So, if you are feeling disillusioned because you’re not reaching your target profit level or just plain disappointed that your business profits are declining, watch the video above as I go through these 5 (not 4!) steps that you can take to make your business more profitable: 

  1. Reduce your expenses. 
  1. Check your pricing. 
  1. ROI (return on investment). 
  1. Focus on direct revenue-generating tasks. 
  1. Make easy profits. 

Running a business is one thing, and making sure you profit while running a business is another. It’s vital that you never stop exploring new ways to reach your target, and even go beyond it. 

Grab your FREE access to my Biz Money Library, where I drop all of my best biz money resources, so that you can get the money stuff set up the right way.

Want to get the money stuff in your biz set up the right way?