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7 Best KPIs to Track in Your Service Business
Small Business Tips

7 Best KPIs to Track in Your Service Business

Your business’s financial statements can tell you a lot, including how much revenue you earned and how much your expenses were. But tracking key performance indicators (KPIs) can help you dig deeper into your business performance and help you compare your results to industry averages.
These are the 7 best for service-based businesses.

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Why I use QuickBooks Payments?
Small Business Accounting Tips · Small Business Tips

Why I use QuickBooks Payments?

As a small business owner expenses can add up quickly and time is extremely valuable! Anything that can help address…

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New Profitable Women Podcast Episode Alert: Live C New Profitable Women Podcast Episode Alert: Live Coaching with Patricia Viscount! In today’s episode, I’m coaching Patricia through some mindset shifts around the finances of her copywriting business. These live coaching sessions are some of my favorites because they show that the challenges we face aren’t unique—and you just might hear your own story in Patricia’s journey. Patricia shares her struggles with shifting from the security of a paycheck to managing business finances independently. From impulse spending on training and memberships to carrying uncomfortable debt despite being a natural saver, she’s ready for a change. Patricia is setting a budget for the first time in 8 years, focusing on mindful spending and strategic decisions to propel her business forward. Episode 41 “I Have Money in the Bank” is live now!
New Episode Dropped on the Profitable Women Podcas New Episode Dropped on the Profitable Women Podcast! We're diving deep into the discomfort zone today. If you've ever found yourself avoiding your numbers because you're afraid of what they might reveal, this episode is for you. In our group program Profit Shift, we pulled back the curtain on our finances and faced the facts. It's not always easy, sometimes knowing exactly where you stand feels tougher than guessing. But the truth is: your numbers are just numbers. They don't define your worth or your potential, they are simply a guide. Yes, those numbers might say you need to pivot, tweak, or even double what you thought was "enough". But imagine what could happen if you saw them as an opportunity rather than a limitation. Knowing your data empowers you to take action, adjust your sails, and leads you on a path to the life and business you truly want. If you have been dreading your numbers, I challenge you to look at them with fresh eyes and an open mind. Step back, take a breath, and remember: you have the power to change your results. We have to sit with the discomfort for long enough to find the opportunity. And that I believe you are capable of!
According to a US Bank study 82% of businesses end According to a US Bank study 82% of businesses end up failing because of cash flow mismanagement. Understanding the cash needs of the business and making a few strategic changes in how you collect from your customers can make a big difference in the success of your business. It all starts with understanding the numbers from your pricing, to expenses, taxes, and then to what you pay yourself personally. Follow @sheila.hansen.cpa to learn more! #femaleentrepreneurs #womensupportingwomeninbusiness #onlinebusinessowner #serviceprovider #strategist #consultant
The corporate world is structured around masculine The corporate world is structured around masculine energy, a 24 hour clock, consistent output or productivity every day, and based around doing or achieving. Most women who start a business are doing so with the goal of freedom or flexibility in mind. Their service offers include aspects of nurturing or intuition. I see you wanting NOT only the answer but to understand why in that answer. I believe you when you want guidance or to be seen and understood. We are creating space for you to talk about money, to understand where the cash comes and goes, and for it to feel safe and simple for you. In case you need a reminder, you are capable! Comment how you bring your feminine energy into your business and follow along for more of this!
The journey through life has so many moments to le The journey through life has so many moments to learn from if we are paying attention! While having a business has been a blessing and giving me an opportunity to uncover a lot of things, not all of those things have been easy. And we are truly entering a new era around here, one that we put rest first! That includes things like: - Not grabbing the phone 1st thing in the morning - Skipping lunch to get a few more things done - Paying attention to my menstrual cycle and scheduling tasks accordingly - Feeling emotions and releasing them - Leaning into my Projector energy and sharing the things I see that others don't, while waiting for the invitation. - Including my kids in tasks or activities - Reading for the pure enjoyment of it What about you, are you in a rest first era too?
In this episode of Profitable Women, Samantha Burm In this episode of Profitable Women, Samantha Burmeister, the founder and lead copywriter of @nomad.copy shares her fascinating journey from a corporate sales career to launching a thriving remote copywriting business.  She candidly discusses the unexpected hurdles she encountered while transitioning from being a solo entrepreneur to managing an agency, revealing that the allure of earning more while working less wasn’t as straightforward as it seemed. She unpacks the critical importance of establishing reliable systems and a solid sales pipeline before expanding a team, offering invaluable lessons for entrepreneurs considering a similar path.  Moving beyond the business operations framework, we tackle the unique messaging challenges female entrepreneurs face. Samantha offers a fresh perspective on the balance between nurturing and assertive selling, challenging the misconception that women must rely solely on nurturing to close a sale. Tune in for empowering advice that could help you in redefining business success.  Samantha is the founder & lead copywriter at Nomad Copy Agency. Every business she works with gets a custom copy that sounds like them – but converts better! #womensupportingwomeninbusiness #femaleentrepreneurs #onlinebusinessowner #copywriter #profitablewomen

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