Badass Business Owners are Small Business Owners serving their local communities who are tired of living job to job and want to grow their business income & their personal income. If it seems like the harder you work, you still can't seem to grow your profits as fast as you want, I'm here to help. So, if you are ready to MAKE MORE MONEY IN YOUR SMALL BUSINESS then you are in the right place!
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Electrical Distribution Solutions is a podcast for electricians, engineers, architects and more. SSDi manufacturers custom electrical distribution and control systems for C-Store’s and QSR’s worldwide. This podcast is hosted by Jerry Nelson, Adam Bohnet, and Dorothy McCarley. They are the founders of SSDi and have over 20 years of electrical trade industry experience. We all have our favorite tools, let this be one of them!
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35 Years ago I was handed a Profit & Loss and was confused as heck as to what all these numbers were. Never mind why they were so important to my business. But once I learned the power behind knowing these numbers, I never looked back. Now I'm on a mission to help as many of you as I can, fall in love with your own profit and loss statement. ______…
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I Think the Person Doing My Books is Stealing From Me!
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Sales are up. Profits are way down. Someone has to be skimming money from me! I trust this person but that might have been a mistake! Help, are they stealing? That was the question we got. So was someone stealing or was it something else? ______ DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORDABLE - Know Your Business Numbers C…
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2 Reports Every Small Business Owner MUST KNOW to be Profitable
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You want to make more money in your business. But do you understand the two reports you have that will help you understand where your money is going but also can help you make even more money? Your profit and loss income statement and your balance sheet are two key reports that will help you become a profitable badass business owner! ______ DIVE IN…
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Are You the Reason Your Business's Sales Aren't Growing?
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Sales are down. You feel nothing is working. You feel like you are doing everything you can to grow your business. But are you? Sometimes the person in the mirror is the reason the business has stalled. Are you guilty? ______ DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYou…
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Is it Time to Shut Down Your Small Business?
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You have been trying so hard to keep your business going. You're struggling with the decision to shut it down. You know you should, but something keeps telling you to hold on. Is it your ego? Your fear of failure? At the end of the day, you need to do what is right for you and your family. There are a ton of businesses you can run, this one may not…
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Credit Cards are Killing Your Business's Profit!
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Running a Profitable Business But Still Broke? Wondering where the money is going because it sure isn't in your bank account? It might just be those credit cards you are using in your business! Credit cards can not only bleed your business dry, but also set you up for failure if you don't get it under control! ______ DIVE IN DEEPER & LEARN MORE ABO…
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Having a 4th Quarter Plan in Your Small Business
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Don't just cruise into the 4th quarter without a plan of attack! No matter where you are in your business today, each quarter has a purpose and the 4th quarter is critical to setting yourself up for not only ending the year strong but setting yourself up for success in the new year! ______ DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out …
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5 Mistakes Causing You to Leave Money on the Table in Your Business
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Are you finding your profits weaker than you expected? Odds are you are leaving money on the table. Both in sales and profits. Let's discuss 5 mistakes that small business owners are making. By the way, there are many others, but work on these to see quick results! ______ DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORDABLE - K…
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Why Aren't You Paying Yourself Correctly in Your Small Business?
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Why are you screwing yourself over by not getting paid what you should? You bust your butt working in your business, don't you think it is time you get paid for it? We need to talk about this. ______ DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com…
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I know content has been sparse the past few weeks. I'll tell you why and more importantly, that we should be returning to our content to help you be the best profitable badass business owner you can! ______ DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCou…
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How Understanding Cost of Goods (COGS) Can Lead to More Profit
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Not understanding what Cost of Goods (COGS) are could be costing you money! And this one specific mistake is DEFINITELY costing you profit. If you are a small business owner, you want to understand what Cost of Goods (COGS) are and the role they play in your profitability. ______ DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORD…
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Are You a Profitable Badass Business Owner?
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We all know the goal is to be profitable, and you might even have profit in your business. But are you always thinking and ACTING like a PROFITABLE business owner or are you running your business from a survival mindset? ______ DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowY…
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Do You Need Goals to Have a Successful Small Business?
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You have heard you need SMART Goals to achieve success. But let's face it, structured goals aren't easy for most folks. I feel you. I'm the same way most of the time. But how do goals actually tie into your success and growing a profitable small business? ______ DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORDABLE - Know Your B…
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Have you ever looked at your Profit & Loss and seen a Profit, yet when you look at your bank account the profit isn't there? What the heck is happening? How can this be? Let's discuss what might be happening. ______ DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessN…
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Revisit this past episode where we review 5 Mistakes Small Business Owners Make. Let's face it, you want to have a successful, profitable business. Every once in a while it is good to stop and check in. Stop chasing something new and see if you are messing up in an area you used to be strong in. How are you doing in these 5 areas? ______ DIVE IN DE…
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How Your Inventory Might Just Be Costing You Sales & Profits in Your Small Business
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Here Are 7 Lessons I've Learned Through the Years About Inventory and How It Can Cost You Money. Good Inventory Management Is Key to Making Money In Your Small Business. No One Wants to Lose Sales and Profits! ______ DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusiness…
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We all want more sales in our business. What are some key areas you can focus on to create some great ideas to increase your sales? These 4 core areas are a great place to start. ______ DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com NEED A BOOKKE…
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The Dark Side of Having a Brick & Mortar Small Business
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Many people dream of having a brick-and-mortar location for their business. But there is a dark side many people do not talk about. What these business owners aren't telling you that live this day after day. ______ DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNu…
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Warning: This Common Business Mistake Could Land You in IRS Hot Water
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Almost every small business owner does this at some point. Many of you are still doing it on a regular basis. Don't be one of the ones that have learned the hard way. _____________________ 👉 Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Your Business Numbers _______________________________ 👉 WEBSITE: BA…
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3 Types of Profit You Need to Understand in Your Business
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Profit. We all want it in our business. But did you realize there are 3 types of profit and they are not all equal? Let's take a look at your business profit and how to know which one you might be using. 👉 Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Your Business Numbers ______________________________…
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Are you limiting your sales by accident? You might be doing this common thing I see businesses do that ultimately costs them sales and profits. _____________________ 👉 Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Your Business Numbers _______________________________ 👉 WEBSITE: BABOLearning.com 👉 YOUTUB…
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Is Your Pricing Strategy a Goldmine or a Disaster Waiting to Happen?
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Have you noticed that everyone has an opinion on how you should price your products or services? But how do you know if they are even going to be profitable? Today we will walk through a way to test your pricing strategy to ensure that you will have profitable sales. _____________________ 👉 Want to Learn Your Business Numbers Better? Check Out this…
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Boost Your Sales: Unveiling the True Money-Makers in Your Small Business
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Which of Your Products or Services Make the Most Money? Not all items are created equal. Some might make you more in sales but others will make you more in profit. How do you know which products or services are the ones you should be pushing in your business? Watch the video to see the visual numbers: https://youtu.be/SbbU5Xocb90 __________________…
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Two Calculations to Know in Your Small Business
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If you want more profit in your small business, then you will want to learn these two easy-to-learn calculations that will lead to you putting more money to your bottom line. Knowing the flow of money through your business will give you powerful information to make more money in your small business. _____________________ 👉 Want to Learn Your Busine…
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Ever have a great month of sales only to open up your account and ask "Where's all the money? Let's talk about what might be going on.... 👉 Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Your Business Numbers _______________________________ 👉 WEBSITE: BABOLearning.com 👉 YOUTUBE CHANNEL: BABO Learning for…
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Where Was I Last Week & Let’s Talk Customer Service
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Life can sometimes throw you off track on your goals. But there is always some learning lesson to gain. The last 10 days were not what I planned but I did have an opportunity to view customer service in a new way and today, I’ll share where I was and the customer service lessons, I wanted to share. _____________________ 👉 Want to Learn Your Busines…
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I FAILED - Why I Closed the Doors to My Small Business
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Shutting down a small business is never easy. I know from personal experience. You work your butt off to build a business only to be faced with either failing or walking away. Sometimes you have to walk away and live to fight another day. Today I'll share how I had to close the doors to my small business and how I still survived and thrived. And so…
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Don’t Let an Employee Bonus Become a Nightmare for Your Small Business!
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Employee bonuses sound good. But they can also end up being a nightmare when done wrong. If you are thinking about creating a bonus program for your team, make sure you are asking yourself some important questions before implementing them. _____________________ 👉 Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understa…
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Can You Afford to Have a Brick & Mortar Location?
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Business is booming & you need space. But can you afford to open that store, warehouse, workshop or other location to expand your business? Let’s walk through how you can do a simple exercise to see the impact a building / location will have on your profitability. _____________________ 👉 Want to Learn Your Business Numbers Better? Check Out this Af…
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Everything Impacts Your Profits - Don't Make These Mistakes
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Your business numbers are being impacted by every decision you make in your business. So many sales and profits are lost due to the littlest things. Your customer experience has a huge impact on what they spend and ultimately how much money you make off them. Let’s take a look at several examples of decisions a business makes that can lead to lost …
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How to Review Your Year Ending Profit & Loss Income Statement
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Your Year-Ending Profit & Loss Income Statement is packed with great information to help you increase your profit and sales. But how exactly do you read it to get the information you need to be more profitable and create more sales. Well today, we will dive into an existing business and take a look. Watch the video here: https://youtu.be/UCwjC7XKA7…
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Why Your Competition is More Profitable than You Are
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Have you ever looked at your competition and wondered how they can make more money than you? Well, let's dive into some of those reasons and the possibility that they might not be as profitable as you think. _____________________ 👉 Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Your Business Numbers ____…
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A trip to a local business in town (at a location I use to run a business out of) blew my mind at how poorly they cared about their customers and how little they cared about making money as they were flushing money down the toilet! _____________________ 👉 Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Yo…
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7 Key Pillars of a Strong Business Foundation
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Your Business is only as strong as the foundation you build it on. Let's discuss 7 areas of your small business that need to be solid to help ensure your business is profitable and making the money you want. A strong foundation is key to your business's long-term success. 👉 Link to the Worksheet in the Video/Podcast: https://babolearning.com/Busine…
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Look for Profit Opportunities Using This Simple Trick
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We all know a powerful tool in your toolbelt is your profit and loss statement. However, a lot of folks don’t realize how much information is hiding in the monthly breakdown when you look at them side by side. Today we take a look at how you want to look at just the core parts (sales, COGS, expenses, & profit) to find some opportunities. Watch the …
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If you want to be successful in the new year, it all starts with the mindset and actions you take. You CAN NOT treat the new year like you did the past year or you will get what you have already been getting. Do you need a mindset change to start 2024 strong? _____________________ 👉 Want to Learn Your Business Numbers Better? Check Out this Afforda…
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Boost Your Business Profits: Using 5 Core Strategies
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Boost Your Business Profits: Using 5 Core Strategies Making more money in your small business isn’t about some crazy strategy. More money is made by fine tuning your business. Let’s take a look at 5 areas that will definitely help you grow those profits! _____________________ 👉 Want to Learn Your Business Numbers Better? Check Out this Affordable C…
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Is Your LACK OF CASH FLOW Killing Your Business?
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Cash is the air that your business needs to breath. Without it, the business cannot survive no matter how well you run it. I should know. I’ll share my experience with a lack of cash flow and the ultimate end of one of my businesses. _____________________ 👉 Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding …
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What Is a Balance Sheet for Your Small Business
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There is a business tool that small business owners have that will help them understand their business's financial position at any given time. We call it a balance sheet. But what on earth is that? Let's discuss what it is and what it contains. Recommended Bookkeeping: Quickbooks Online – My #1 Recommended Resource for Small Business Owners. ______…
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Supercharge Your Business Success in 2024 by Having a Plan
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If you want to crush 2024 and have the best year ever in your business, you need a plan that you can execute. Let's go over some of the areas you want to look at and how you can build a business plan/goals to ensure 2024 rocks! _____________________ 👉 Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Your B…
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What if you could dominate an entire neighborhood? How would your business change? Impossible? Only in your mind. People need you and you are letting others steal your business! _____________________ 👉 Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Your Business Numbers _______________________________ 👉 …
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This Pricing Mistake Could Be Costing You Thousands In Profits
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With so many opinions on how to price, it is no wonder that many small business owners fail to keep this one thing in mind when setting their prices. By doing so, they are probably costing themselves profit. No matter how you price, you MUST keep this one thing in mind. _____________________ 👉 Want to Learn Your Business Numbers Better? Check Out t…
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The Powerful Tool Ignored by Most Small Business Owners
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Your profit and loss income statement is the most powerful tool you have to understand your business numbers so you can create more sales and profits! They are intimidated by the numbers or don't even know they exist. So let's dive in and take a look at this powerful business tool you have so you can start making more money in your business! WATCH …
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A Quick Way to Identify Opportunities in Your Small Business
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If you are like most business owners, you are too close to your business & make excuses for the issues in your business. You keep pushing forward doing what you are doing and miss obvious things that you need to address. But where do you start? Let’s talk about that… _____________________ 👉 Want to Learn Your Business Numbers Better? Check Out this…
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You Are Using Facebook Wrong! Do This Instead to Grow Your Small Business
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Can Facebook really help your small business? Yes! But you might be using it wrong. It isn’t about Facebook Ads and it isn’t about your Facebook Page. It is about you! You being you and being part of your community. Let’s talk about what that looks like. _____________________ 👉 Want to Learn Your Business Numbers Better? Check Out this Affordable C…
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With hourly wages all over the place, what should you pay your employees? What are they actually worth? When do you give them an increase? When is a wage too much? We will take a look at all of these burning employee wage questions. _____________________ 👉 Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Y…
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Are You Setting Your Business Up to Fail?
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We never set out to fail. It usually is due to the action we take. Let’s go over 4 big mistakes small business owners make that can lead to business failure. _____________________ 👉 Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Your Business Numbers _______________________________ 👉 WEBSITE: BABOLearnin…
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What Most Small Business Owners Forget This Time of the Year
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As we head into the end of the year, it is easy to get into coasting mode and this can be DANGEROUS for your business. Here is what I recommend. ____________________ 👉 Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Your Business Numbers _______________________________ 👉 WEBSITE: BABOLearning.com 👉 YOUTUB…
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You Are Paying Yourself Wrong in Your Small Business
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The way you pay yourself in your small business could be costing your thousands of dollars in potential sales & profits. Are you making this mistake I see folks make all the time when paying themselves? _____________________ 👉 Want to Learn Your Business Numbers Better? Check Out this Affordable Course: Understanding Your Business Numbers _________…
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The Truth About Small Business Debt: Myth vs. Reality
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It is very tempting to go into debt to grow your small business. While you might be able to grow your sales, the reality is, most business owners tank their profits and their cash flow. Before you go into debt in your business, please keep the things we talk about in mind. You will be glad you did. _____________________ 👉 Want to Learn Your Busines…
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