by Shannon Simmons | Oct 25, 2022 | Profit, Taxes
Do you know how profitable your gym is? To be clear, the profitability of your gym isn’t the revenue you’re bringing in or even your net income, after expenses. One of the biggest mistakes we see business owners make is over-simplifying the profit in their business....
by Shannon Simmons | Dec 14, 2021 | Business Tips, Income, Profit First, Sales
You’ve determined that it’s time to raise your prices. How do you communicate this to your clients and customers?First of all, don’t make it sound like you’re breaking bad news. Raising prices is a natural and recurring step in the life of a service-based business....
by Shannon Simmons | Dec 7, 2021 | Business Tips, Profit, Profit First
If you’re trying to increase your business profits (and who isn’t?), you might think the sure-fire way to do that is simply to raise your prices. If your customers pay more, you’ll make more. Right? Not necessarily. Well, if you’re using the Profit First method,...