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Ep. 270 | Secrets to Small Biz Success with Profit Mastery CEO Colin King
Manage episode 436741814 series 3596012
Indhold leveret af Florida SBDC at Indian River State College. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Florida SBDC at Indian River State College eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
Join host Tom Kindred and guest Colin King, CEO of Profit Mastery, for a no-nonsense conversation about the financial tools and strategies every small business owner needs to thrive. In this episode, you'll learn:
- Essential financial concepts: Understand the basics of income statements, balance sheets, and cash flow to make informed decisions for your business.
- Financial ratios decoded: Discover how these simple calculations can reveal the hidden strengths and weaknesses of your business.
- Break-even analysis: Find out how to determine your break-even point to set realistic sales goals and pricing strategies.
- Real-world advice: Colin shares his experience as an entrepreneur and offers practical tips for managing your finances like a pro.
Whether you're a financial novice or a seasoned business owner, this episode is packed with valuable insights that will help you take control of your financial future and achieve lasting success.
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