The 7% Club
The 7% Club podcast is for business founders, CEOs and leaders of companies on the path from 7 to 8 figures. It is also for those aspiring to make the shift from 6 to 7 figures, providing helpful insights about business growth and strategy, and how to upscale in a manageable and profitable way.
The 7% Club
Episode 4: Cash is King but Margin is Queen
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Jenny Stilwell
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Episode 4
Whilst sales revenue is a critical part of growing your business, margin is the variable that will make your company profitable or become cash-strapped over time.
Upscaling must be profitable in order to be manageable, and the only way to ensure you run at a profit is to focus on margin.
Margin overall is critical to monitor, but when you drill down into products/services and margin by customer, you will get an important insight into what is really happening in your business.
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💡 Need help scaling your business from 7 to 8 figures? Get in touch jenny@jennystilwell.com.au
Remember: Better strategy, better business, better life! See you next time!