Episode 67 - Profit - How to Keep it in Your Company
Your company’s success depends on your ability to earn profits from each deal you make in property. It’s your ability to think outside the box about how to engage your target audience that gets you the profits you need to keep your business afloat. However, if you’re without a strategy on how to make use of your profits the right way, your business may run into a huge debt. In today’s episode, I’ll be talking about profits and how to keep it in your business.
What You Will Learn In This Episode:
- What profit margin is all about and why your business needs it
- How to track your income and expenses to maximise your profits
- The stumbling blocks you might encounter in an attempt to make profit
- How to keep profits the right way in your business
- The importance of accountability in monitoring your profits and expenses
Once you create a strategy that will help with profit making, you’ll need to keep track of your progress along the way. This helps you monitor what’s working for your business and what’s not, so you can make corrections with the right action plan in place.
Resources:
- Download my Property Business Checklist at https://www.rachaeltroughton.com/checklist
- Find me on Instagram https://www.instagram.com/rachael_troughton