440. 5 Steps To Maximizing Profit In Your Health & Fitness Coaching Biz + How to Use Profit To Fuel Growth, Results & IMPACT
The Fitness Business Podcast with Erin Dimond and Jordan Dugger
00:00
How to Grow a Service Based Business
In Q3, we did about a 1.2 million in revenue with about seven to 10% profit,. And then in Q4, we restructured and just like really got clear on our vision to realize we don't wanna grow a huge company, we wanna grow a healthy and packful company. So that's not take home, and I'll explain what that means next. What should your profit actually look like? Well, the first thing you wanna start with is gross margin. That's where you always want to start. Anything under 70% is going to kill your business. If you charge $500 per month, you need to be making sure that the business is taking in 350
Transcript
Play full episode
