Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast cover image

#217 We Hit $1M Profit — Here’s Exactly How We Did It

Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast

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The Power of Open Book Financials in Business

This chapter emphasizes the importance of open book financial reporting within a business, highlighting how sharing monthly financial updates can enhance accountability and understanding among team members. It also explores key financial metrics like cash flow management and break-even points, showing their impact on business strategies and decision-making.

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