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The 5 Profit Drivers Every Entrepreneur Must Know with Stephanie Smith

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Manage episode 505931146 series 3576235
Content provided by Stephanie Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stephanie Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this solo episode of Getting to the Bottom Line, host Stephanie Smith, founder of New Light Financial Solutions, dives deep into a problem many high-earning entrepreneurs face: “Why don’t I have more profit even though I’m making sales?”
Stephanie breaks down the 5 key profit drivers—Cost of Goods Sold, Payroll, Marketing, Operating Expenses, and Other Income/Expenses—and reveals how each one can either make or break your bottom line. From actionable vendor negotiation tips to understanding your margins, Stephanie arms you with the insights you need to stop guessing and start optimizing.
Whether you're overwhelmed by your P&L or just looking to find a few extra percentage points of profit, this episode will help you Think Like a CFO and make smarter business decisions starting today.
Grab Stephanie’s free Think Like a CFO worksheet linked in the description to start mapping your profit strategy right now.
👉 https://newlightfs.com/cfoworksheet/

We want to hear from you! Send us a message.

---
My name is Stephanie Smith, owner of New Light Financial Solutions, and we help business owners walk the one clear path to generating more cash in their business. To learn more, visit us online at https://newlightfs.com/
Sign up for our newsletter for more great tips on how to keep the cash flowing in your business: https://newlightfs.com/newsletter/
Need help generating more cash in your business? Book a right fit call with us today: https://newlightfs.com/rightfit

  continue reading

32 episodes

Artwork
iconShare
 
Manage episode 505931146 series 3576235
Content provided by Stephanie Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stephanie Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this solo episode of Getting to the Bottom Line, host Stephanie Smith, founder of New Light Financial Solutions, dives deep into a problem many high-earning entrepreneurs face: “Why don’t I have more profit even though I’m making sales?”
Stephanie breaks down the 5 key profit drivers—Cost of Goods Sold, Payroll, Marketing, Operating Expenses, and Other Income/Expenses—and reveals how each one can either make or break your bottom line. From actionable vendor negotiation tips to understanding your margins, Stephanie arms you with the insights you need to stop guessing and start optimizing.
Whether you're overwhelmed by your P&L or just looking to find a few extra percentage points of profit, this episode will help you Think Like a CFO and make smarter business decisions starting today.
Grab Stephanie’s free Think Like a CFO worksheet linked in the description to start mapping your profit strategy right now.
👉 https://newlightfs.com/cfoworksheet/

We want to hear from you! Send us a message.

---
My name is Stephanie Smith, owner of New Light Financial Solutions, and we help business owners walk the one clear path to generating more cash in their business. To learn more, visit us online at https://newlightfs.com/
Sign up for our newsletter for more great tips on how to keep the cash flowing in your business: https://newlightfs.com/newsletter/
Need help generating more cash in your business? Book a right fit call with us today: https://newlightfs.com/rightfit

  continue reading

32 episodes

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