159. 5 Steps to Simple Profit

Join The 5 Steps to Simple Profit Free Challenge happening in June and increase your profit this summer: https://ginaknox.co/challenge 

Episode Synopsis: 

In this episode, Gina introduces her new live challenge, "The 5 Steps to Simple Profit," focusing on essential CEO skills for managing business finances. She delves into the core topics of expenses, projections, savings, owner's pay, and debt, providing strategies to simplify and increase profit. Gina emphasizes the importance of mastering these skills for long-term business success and financial stability. By thinking strategically about your business expenses and planning ahead, you can ensure consistent growth and profitability. Gina also addresses common pitfalls like inconsistent income and ad hoc payment strategies that can undermine financial stability. Transform your financial management by joining this comprehensive and practical challenge.