James Sinclair's Business Broadcast £27k/month Business doesn't have the right Model for Profitability
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Sep 19, 2024 This week features an osteopath entrepreneur who makes £27k monthly and just opened his second location. He faces a pivotal choice: scale up or enjoy a lifestyle business. The discussion dives into profitability metrics essential for multi-location success and humorous takes on beverages that yield valuable health insights. They explore innovative business models in healthcare and the importance of client relationships built on value and simplicity. With practical advice on marketing and effective management, it's a captivating listen for aspiring business owners.
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Revenue Per Employee
- Calculate revenue per employee to assess business profitability.
- Include all staff, even part-time and management, for accurate calculations.
Expansion and Management
- Multi-site expansion without proper management can hurt the original business.
- Focus on one location to ensure profitability before expanding to other areas.
Reverse Engineer Habits
- Identify habits yielding unwanted results to improve outcomes.
- Focus on changing those habits instead of just setting goals.