87 - But First, Profit

Parts Department

เนื้อหาจัดทำโดย Justin Brouillette & Jem Freeman, Justin Brouillette, and Jem Freeman เนื้อหาพอดแคสต์ทั้งหมด รวมถึงตอน กราฟิก และคำอธิบายพอดแคสต์ได้รับการอัปโหลดและจัดหาให้โดยตรงจาก Justin Brouillette & Jem Freeman, Justin Brouillette, and Jem Freeman หรือพันธมิตรแพลตฟอร์มพอดแคสต์ของพวกเขา หากคุณเชื่อว่ามีบุคคลอื่นใช้งานที่มีลิขสิทธิ์ของคุณโดยไม่ได้รับอนุญาต คุณสามารถปฏิบัติตามขั้นตอนที่แสดงไว้ที่นี่ https://th.player.fm/legal

3M ago 44:12

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Justin and Jem discuss dealing with cash flow issues in their businesses, new financial strategies they are trying based on the book Profit First, banking and software tools they are using like the Spark email app. They also talk about upcoming sales events and how to setup for steel milling!

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DISCUSSED:

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Please note: Show notes contains affiliate links.

Book club: Profit First

Accounts > Automated?
Percentages
Modelling
52-week cashflow
Mercury - PF Bank Justin went with
Fernery
Shopping Slitting Saws
Planning to cut steel
SC: Spark email
PDX CNC Sale
Names
Timing

Profit First Percentages

Real Revenue under $250,000:
Profit: 5%
Owner's Compensation: 50%
Taxes: 15%
Operating Expenses: 30%
Real Revenue $250,000 to $500,000:
Profit: 10%
Owner's Compensation: 35%
Taxes: 15%
Operating Expenses: 40%
Real Revenue $500,000 to $1 million:
Profit: 15%
Owner's Compensation: 20%
Taxes: 15%
Operating Expenses: 50%
Real Revenue $1 million to $5 million:
Profit: 10%
Owner's Compensation: 10%
Taxes: 15%
Operating Expenses: 65%
Real Revenue $5 million to $10 million:
Profit: 15%
Owner's Compensation: 5%
Taxes: 15%
Operating Expenses: 65%

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Show Info

HOSTS

Jem Freeman

Castlemaine, Victoria, Australia

Like Butter | Instagram | More Links

Justin Brouillette

Portland, Oregon, USA

PDX CNC | Instagram | More Links

100 ตอน