57 min listen
409. A Simple 3-Step System To Tracking Your Profit & Loss In Your Business (+ How Much You Can Spend on Overhead, Labor & Marketing & Remain Profitab…
FromThe Fitness Business Podcast with Erin Dimond and Jordan Dugger
409. A Simple 3-Step System To Tracking Your Profit & Loss In Your Business (+ How Much You Can Spend on Overhead, Labor & Marketing & Remain Profitab…
FromThe Fitness Business Podcast with Erin Dimond and Jordan Dugger
ratings:
Length:
18 minutes
Released:
Feb 16, 2023
Format:
Podcast episode
Description
This may not be the most sexy topic to talk about but it will pay off big time in the long run. Today, we're talking accounting, numbers, and taxes and once you understand the difference between the two types of accounting I'm going to share, you'll have more money to invest wisely into your business and not into Uncle Sam's pocket. At the end, I'll share with you 3 different types of business models so you'll know what you'll want to work towards. Time Stamps: (0:48) The Funniest Thing in the World: Numbers (3:18) Two Different Types of Accounting (3:38) Write As Much Off As Possible (5:13) Numbers to Pay Attention To (8:40) Operating Expenses (13:05) Overhead Expenses (14:16) Net Profit (16:22) 3 Different Business Models ---------- Learn More About Impact Fitness Coaching Academy, To Learn More About I.F.C.A. - And How We’ve Helped More Than 1,700 Fitness Coaches, Experts, and Influencers Grow a 5-35k+ Month Online Fitness Business Without Paid Ads, Complicated Funnels, or Even Having a Large Social Media Following Click Here→ to VISIT THE IFCA PAGE ---------- GIVEAWAY! Leave a rating + review on iTunes, and Have a Chance To Win a $200 Amazon Gift Card + Special Prizes! Winners Announced Monthly on The Episode. Simply leave a review, and send a screenshot to the Fit Biz Podcast Instagram Page!
Released:
Feb 16, 2023
Format:
Podcast episode
Titles in the series (100)
10. The Truth about Nutrition, Keto, and Postpartum Depression W/ Taylored Wellbeing: On today's episode, we have the amazing Taylor. She is a former Dietitian and now is a Mind, Body, and Health Coach. This is one of our deepest talks to date as we dive into topics covering cancer, postpartum depression, fiber, and much more. ... by The Fitness Business Podcast with Erin Dimond and Jordan Dugger