Ep 179 Streamline and Scale Profitably: Mastering Business Systems with Malcolm Peace

Streamline and Scale Profitably: Mastering Business Systems 

Malcolm Peace is the founder of Tsetserra Growth Partners, is making a remarkable impact in Texas by assisting small to midsize businesses. He specializes in assisting long-standing enterprises whose founders are planning to retire yet still want to see their businesses succeed. In order to ensure a smooth transfer while maintaining the owner's ethos, Malcolm and his team completely rewrite the operating playbook. Within two years, the company's revenue is intended to treble thanks to their emphasis on operational efficiency. Malcolm offers the required tools and techniques despite the challenging task, providing business owners confidence in the future success of their enterprises.

 In this episode, you will learn the following:

●        The significance of documenting standard operating procedures (SOPs) when acquiring and managing businesses

●        The prevalence of QuickBooks online among small businesses

●        Tracking key data points is invaluable in analyzing business performance

●        Standardizing business processes and pricing for better decision-making

●        Hiring individuals who align with the company's values, possess the necessary skills, and fit the culture contributes to long-term growth and success.

Links:

https://tsetserra.com/

https://www.linkedin.com/in/malcolmpeace

https://twitter.com/peace_malcolm

 

Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Our Q&A call on the 2nd Thursday of the month at 1 pm Eastern: 

https://bit.ly/PFcall

Sign up to be notified when the next cohort of the Profit First Experience Course is available! Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes Check out our website: http://profitcomesfirst.com/ Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com Relay Bank (affiliate link) - https://relayfi.com/?referralcode=profitcomesfirst  Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ Profit First Toolkit: click here to sign up This episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one at https://www.SMBPodcastNetwork.com 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.