Socialette: Online Marketing Podcast
Steph Taylor
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Clare Wood on creating intentional profit in your business
Clare Wood is a money mentor, author and qualified CPA who is passionate about teaching business owners all about profit and the concepts of money magic. In this episode, Clare and I chat about the importance of profit—not just sales—in your business and her 6 Profit Pillars. In today's episode, we chat about: - Why top-line sales aren't a reliable indicator of your business performance - Identifying inefficiencies in your business and when it's okay to take a profit hit to grow - Why it's important to separate your personal finances from your business finances - Identifying common expenses that can lead to an unprofitable business - The importance of factoring in tax payments into your cashflow budget - Deep diving into Clare's six Intentional Profit Pillars You can find Clare at https://clarewood.com and follow the links to tune into her podcast and grab a copy of her book, Intentional Profit. Episodes referred to in this episode: - https://listen.stephtaylor.co/467 - Denise Duffield-Thomas on money mindset, launching and scaling to a multi-million dollar biz by doubling down on one product SHOW LINKS: - Get my Daily Biz Booster emails: https://stephtaylor.co/DBB - 5 Simple Tweaks to Boost Your Launch Profits: https://stephtaylor.co/tweaks - Want me to spend a day working on your next launch? - Book a VIP intensive: https://stephtaylor.co/vip - Get The A-Z Podcast Launch Plan: https://stephtaylor.co/plp-ig - Get a 30-day free trial of Kajabi: https://stephtaylor.co/kajabi Let's be Instagram friends: https://instagram.com/stephtay...
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