E168 | Boosting Your Profitability with Marcia Riner
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What are the foundational pieces that many business owners overlook when it comes to boosting profitability? How does focusing on profitability differ from just focusing on revenue and what are some mistakes that businesses often make when it comes to boosting profitability?
In this episode, I am joined by Marcia Riner, to discuss all about boosting profitability for business owners. Marcia, a business growth strategist and exit planner, shares her expertise and proven strategies for doubling revenue, driving growth, and maximizing the value of businesses. Together, we explore common mistakes businesses make when it comes to profitability, the importance of revisiting business plans, and techniques for achieving profitable growth while maintaining a lean operation.
From understanding the key factors that drive profitable growth to leveraging existing customer relationships, this episode offers a roadmap for sustainable business growth and profitability, providing you with the tools and inspiration to elevate your own business success!
In this episode, we explore:
- Common profitability mistakes and how to avoid them - Why business owners leave profit on the table - Strategies for profitable growth - Leveraging customer relationships for long-term success
"The business owner's so focused on acquiring that customer and delivering the product, that they forget about the profit side."
- Marcia Riner
Ready to simplify and streamline how you scale your business?
We are now accepting Visionary CEOs and their right-hand Ops Leads into our signature Simplify to Scale mentorship program. Learn more and join us at https://www.leanoutmethod.com/scale
Join us for our transformational in-person business retreats and masterminds each Spring and Fall at https://www.leanoutmethod.com/retreathttps://www.leanoutmethod.com/retreat.
Have questions? Want to explore partnering together to scale your business? Connect with me on my personal Instagram @cristagrasso or LinkedIn and let’s start a conversation.
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For full show notes and more visit https://www.leanoutmethod.com/podcast
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