Summary notes:
Alison and Phillip discussed developing KPIs in order to better track the success of the business. Alison suggested performing frequent business and financial analysis which involves looking at financial ratios such as profit margin, employee turnover, customer turnover, and revenue growth.
KPIs are important in order to stay in control and have a better understanding of your business.
Timestamps
0:03:02 KPIs as a North Star: A Conversation on Measuring Performance
0:05:43 Discussion on Developing Key Performance Indicators (KPIs) for Business Owners
0:10:09 Exploring the Pros and Cons of KPIs for Business Owners
0:11:42 Running a Business at a Loss: A Discussion on the Benefits of Low Profits
Powered by ReiffMartin CPA and Stone Hill Wealth Management
https://www.reiffmartincpa.com/
https://stonehillwealthmanagement.com/
Business: Tax effective ways to take money out of a business
Marriage and Money: Merging Finances
Real Estate: Five reasons your home isn’t selling
Introduction to Wealth Building: Setting Financial Goals
Wealth Mindset: Freedom from limiting beliefs around making money
Business: ”What are the tax implications of being paid in equity?”
Marriage and Money: Budgeting and Financial Planning in Marriage
Financial Planning: The Ultimate Guide on how to get control of your finances
Innovation: Helping women and minority owned businesses find more money for their businesses
Entrepreneurship: ”Where do I find money to start a business?”
Real Estate: The mindset difference between rich buyer and sellers and the middle class
Financial Planning: ”How do I find a job that pays well that I love?”
Wealth Mindset: Working through the emotions of the wealth journey
Business: Smoothie King Business Study Takeaways
Financial Planning: ”How do we find the money to afford children?”
Real Estate: Housing Affordability in the DFW Metroplex
Financial Planning: ”How do I support my aging parents, pay my bills, and save for the future?”
Innovation: Bitcoin at the Center of the New Financial System
Business: The Franchise Business Model
Financial Planning: ”How am I ever going to save enough money to pay for a wedding?”
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast