High Turnover, Not Enough Profit
Why You Can’t Seem to Turn a Decent Profit - Even Though Your Business Does a Solid Turnover
See if this sounds familiar…
You’re turning over an impressive revenue on paper, but your expenses are also high - and you can’t work out where it all goes.
What’s more, you’re…
I understand how you feel.
My family used to feel neglected. I’d miss sporting events on the weekend, and went through periods where we didn’t have a decent family holiday for years.
It’s not easy when both your profitability and personal cash flow are suffering, especially when tax time rolls around because while you’re juggling money to pay staff on time and taking some for yourself to stay afloat…
It’s a one-way ticket to burnout.
Yet you need to keep up with your competitors, who are constantly dropping their prices, in order to win enough work and gain market share in your industry.
What’s more, getting the work done on time for your growing list of clients isn’t easy - leading to deadline after deadline.
And then there’s the unexpected fires you need to put out.
Your days can literally fill up with managing people’s expectations and staff problems – instead of actually creating and driving your business in the direction you need to go.
You’re angry with yourself because you don’t have the life you imagined
That ‘stuck’ feeling is terrible.
It feels like your only option is to push harder, and get more clients… yet if you don’t address the core issues, this will only make things worse.
So what’s the solution?
The most important thing you need to do is get out of your own way, and stop falling for these 3 common myths…
Myth # 2: Letting Go Of Low Quality Clients Will Destroy My Cash-flow
The old adage ‘the customer is always right’…is wrong.
Dead wrong.
Yet for some reason most business owners cling to the notion that changing up your business model and releasing bad clients will kill your cash flow - the only thing keeping you afloat.
The problem is…
Some clients are bad payers and need constant chasing to get them to make a simple payment.
Others are high maintenance, demanding constant attention and constant change even once the project is completed.
Some are just plain rude and disrespectful, making it difficult for your team to keep a positive attitude, which kills morale.
The reality is, you’re far better off firing your worst clients as they suck huge amounts of energy from you and your team.
Once you remove them you have vast amounts of time and energy to put into:
Just think - how much could your business boom if you spent the same time on growing it, as you do on putting out fires?
It’s how I felt many years ago, and it’s precisely what Brett Hall was going through when we first met…
“I wish I’d done this 5 or even 10 years ago”
Brett learnt that letting go of the reins actually allowed his business to grow. He gave himself the space and time freedom to step away from his business and spend more time with his family. And everything shifted…
His biggest regret? He now wishes he had done this 5 or even 10 years ago!
Check out what he says in the video.
Andrew Booth is another case in point…
"75% increase in turnover in 18 short months with a whopping 40% increase in average sale value"
In just 18 short months, Andrew’s turnover has grown 75% as a result of our work together. What’s more, his average sale has jumped by a whopping 40%.
He’s now on target to double his business turnover within 2 years while getting off the tools, handing over all inspections to his team, and bringing on a manager to run the entire business - so he doesn’t even need to step foot in the door.
Check out his testimonial.
Reg Boston from Bellagio Homes transformed his business in just 12 months…
“Just 1 year in and we’ve never been in a better, clearer space - I’m stronger and more effective”
After working together for just 1 year, he’s never been in a better, clearer space to seize upcoming opportunities and continue their stellar business growth.
Listen to what he has to say in the video.
I could go on and on.
The reality is your business can become the dream you first set out to achieve. All you have to do is follow these 5 processes:
1
Shift your mindset and cultivate new beliefs.
Sustainable growth, increased productivity, and time freedom is all possible. We all want to make more money in business, but how do you do it without having to work harder? There is a science and a process, which is precisely what I’ll show you.
2
Implement the right systems, procedures, structures and leadership style for the stage of the business you are in right now.
Who you need to be as a leader of a business evolves; you’re not the same leader you were in your first 5 years of business. Your style needs to adapt depending on the stage. We’ll identify the stage and style of systems procedures and leadership you need to implement for where you’re at today.
3
Gain the certainty of a clear pathway and structure, which gives the confidence and courage to make the right decisions.
Gaining clarity not only gives you certainty, but builds confidence because you understand precisely what steps to take to build your dream vision. Being crystal clear on the destination makes decision making simple.
4
Discover why you're not getting what you say you want, and why you’re not doing the work you know you need to
You must understand how and why your neuropsychology is in conflict with your dreams. Once you are clear on how to hack your neurobiology, you’ll bring your subconscious in alignment with your goals, and stop self-sabotaging yourself.
5
Develop the number one personal success skill for scaling a business: self-awareness.
There is no more important skill to cultivate in life and in business. Being aware of who you are, your tendencies, destructive patterns, vulnerabilities, fears, doubts and subconscious beliefs gives you back total power over choosing the life and business you love - and it’ becomes as easy as choosing dinner from a menu.
Following these processes in business (and life) will give you total certainty and confidence, while alleviating stress and fear.
Why Should You Work With Me?
Having over 33 years of experience in business (which I’ve now stepped away from, because I have it fully managed), I come from real world experience, not a textbook or coaching course.
That experience has allowed me to reach a place of total financial independence and time freedom, thanks to having an automated business that meets my personal needs with little involvement.
I’ve been where you are now, and I’ve achieved the dream - and that’s why I believe I can guide you on the road to success and freedom, so you too can achieve that deep sense of worth that comes with financial independence?
What’s more, as a certified neuro-change practitioner, I understand the human behaviour that drives our results at a very deep level - and I’m able to use innovative neuroscience strategies to evolve personal business leadership.
Move From Confused & Overwhelmed to Inspired and Certain With My Pentagon Business Transformation Framework
Pentagon Business Transformation Framework 5 Steps Process
Ready to Start Building Your Dream Business?
All you need to do is click the button below to book in your complimentary 30 minute ‘Roadblock Removal’ Initial Discussion. There’s no cost and no obligation, just an opportunity for us to:
Leading up to your initial discussion you’ll probably be feeling unsure about whether this is right for you. You’re curious but you’re probably wondering;
But I assure you, you’ll walk out with an exact plan to overcoming the challenges you’re facing right now, and moving from where you are to where you want to be.
Now the balls in your court…
Will you continue to do the same thing over and over again hoping it'll get better, while thinking…
"If I Just Work Harder, Get More Clients and Deliver More Value -Eventually it Will Fall into Place"
Will you continue to spin dozens of plates, stressing yourself out in the process?
Remember, without intervention this pattern will keep on running. And like many business owners, you could end up like a rat on a wheel, always chasing the cheese but never quite arriving.