All Profit is Income - BUT, not all Income is Profit. BE PROFITABLE! episode artwork

EPISODE · Mar 3, 2017 · 16 MIN

All Profit is Income - BUT, not all Income is Profit. BE PROFITABLE!

from Christians and Money · host Dr. Trudy Beerman, DSL

Tax season is the one time of year that all businesses become publicly aware of their profitability.  Of course, this information should be known throughout the life of the business, but for the solo-entrepreneur or the small business owner who is still wearing a lot of hats, doing the accounting, keeping it up to date, analysing the data, and using that analysis to adjust their operation may happen less frequently that they know it should happen. Profitability is the goal of all business; even the not-for-profits want to generate more than they use up so that that extra can be donated to their cause or reapportioned so that they end with a zero profit line, but profit is still their goal, but how they handle that profit is special for not-for-profits. Understanding that all profit is income but not all income is profit is the foundation of creating profit.  PROFIT IS THE REALM OF MORE, OF ABUNDANCE, OF EXTRA. Too many solo entrepreneurs and small businesses are spending from their inflow without realizing how they are burning the future growth of their business.  It is time to be Profitable and to INCREASE in Profitability. It is time to pay attention to your harvest.  Let us look at what the Bible has to say for some Biblical insight into generating and building profitability. CLICKABLE LINKS  to everything mentioned on this show will be found in the blog version of the same title http://blog.trudybeerman.com/profit-income-not-income-profit-profitable/

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All Profit is Income - BUT, not all Income is Profit. BE PROFITABLE!

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