Money Makers Myth #015 – I Need To Hire A Few People, Then I’ll Have More Time To My Business Profitable
Ask any entrepreneur the biggest problem they have in their business and inevitably boil down to profitability.
The common responses to the biggest problem question are:
We need more sales!
We need to grow!
We need to be more efficient!
We can’t get work done!
We need better people!
We need more clients, more projects and more demand!
All of these point back to one common underlying factor, the entrepreneur needs more profit.
Not any of those other things.
They need (or want) more money in their pocket.
They want more sales, to bring in more money to the company, so there is more left at the end of the day to take home for their family.
They need to grow, because that means more money flowing through the business and more left over for them to enjoy.
Efficiency, productivity, quality, all result in profit. More clients.
Stop addressing the symptoms and fix the disease, start fixing the financial health of your business.
Take your profit first, don’t leave it to chance, learn how to have a great cash management system which will ensure profit and more money for you and your family.
Thanks ever so much for taking the time to read my post I truly hope you’ve found it useful and insightful. If you have any questions feel free to contact us!
I am Annette Ferguson, CEO of Annette & Co. Chartered Accountant, Profit First Professional and creator of the Business Wealth Engine. We’re also SUPER social so don’t forget to follow. Here’s to your success!