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457: Danielle Hayden and Truly Studying Your Numbers (Part 1)

457: Danielle Hayden and Truly Studying Your Numbers (Part 1)

FromThe Business of Boutique Fitness


457: Danielle Hayden and Truly Studying Your Numbers (Part 1)

FromThe Business of Boutique Fitness

ratings:
Length:
26 minutes
Released:
Mar 4, 2021
Format:
Podcast episode

Description

In this episode, you will learn: • Why accounting and bookkeeping should be one of the very first things a business outsources • What are the most important Key Performance Indicators (KPIs) to consider for a business • Why I look at 13 months, instead of 12, for our yearly KPIs • How to be analyzing your numbers during the pandemic (and beyond) • The reasons that really knowing your numbers will make tough business decisions easier • The 30/30/30 model we use to split the revenue generated by our business and to evaluate profitability • Some tips and strategies for maximizing profitability with your studio’s retail LINKS: https://www.kickstartaccountinginc.net/ https://www.instagram.com/kickstartaccounting/ https://www.instagram.com/daniellehayden__oh/ https://profitplannerbookkeeping.com/ https://www.instagram.com/studiogrowco https://www.boutiquefitnesscoalition.com/ https://www.boutiquefitnesscoalition.com/press https://www.facebook.com/groups/3312618912101211/ 
Released:
Mar 4, 2021
Format:
Podcast episode

Titles in the series (100)

I’m Lise Kuecker, a long time Studio Owner turned founder here at Studio Grow. Just a few years ago, I was building my studios the hard way cause I didn’t have the team, the budget, or most importantly the time. If you speed up to today, I sold my wildly profitable studios in the mid-7 figures while serving my community in ways I could have only dreamed. Now, I work with thousands of boutique fitness studio owners in over 40 countries and am so blessed to share some of the best tested strategies for our industry every single week. I created this podcast so you’d always have clear, actionable processes, tried and tested Facebook advice and some good ole fashioned inspiration so that you can take simple actionable steps to grow your studio and turn it into a powerhouse empire, just like I did. If you’re a studio owner who's ready to impact your community and see major growth in the process, or you’re prepping to become one, then you are in the right place. So let’s kick this off, shall we?