Ep 31 The 8 Drivers of Profit and Cash Flow with Adam Lean

Hi, I'm the Profit Answer Man Rocky Lalvani!

I help small business owners simplify their financial reports so that they can make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes

Guest Bio: Adam has been an accountant and business owner for over 15 years. He built a multi-million-dollar business that grew to be a leader in its industry.    After realizing that his passion is teaching and helping business owners improve their business, he’s now on a mission to help 10,000 business owners make more money.    Adam and his team created a proven process to help business owners make more money from their business… in less time and with less stress.   He’s put together a team of energetic ‘CFOs’ to help his clients make more money. The CFOs seek to understand their clients’ current situation and then help them develop a custom plan to improve their business.   He calls it The CFO Project.   8 Drivers of Profit and Cash Flow   1 Leads 2 Conversion rate (sales) 3 Retention rate  4 Purchase frequency  5 Average purchase price 6 Gross profit margin -  7 Net profit $ 8 Cash flow  

 

More about making profitability simple: http://profitcomesfirst.com/ Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ First 2 chapter of Profit First: https://mailchi.mp/1bf6b892deda/profitfirst Music provided by Junan from Junan Podcast Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.f