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
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The Importance of Profit
Investing in hires, partners, the right contractors. And investing in things that allow you to reinforce your culture and mission. So now, by us reinvesting back into the business, at the end of the year, our net profit will be closer to like 20%. But that 20% will be a much bigger piece to the pie because we've reinvested back into the growth of the business. Because that 20% is bigger, we're paying less taxes on the same amount of income. Hopefully that makes sense.
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