Clare Wood on creating intentional profit in your busines...

What this episode covers

Clare Wood is a money mentor, author and qualified CPA who is passionate about teaching business owners all about profit and the concepts of money magic. In this episode, Clare and I chat about the importance of profit—not just sales—in your business and her 6 Profit Pillars.In today's episode, we chat about:- Why top-line sales aren't a reliable indicator of your business performance- Identifying inefficiencies in your business and when it's okay to take a profit hit to grow- Why it's important to separate your personal finances from your business finances- Identifying common expenses that can lead to an unprofitable business- The importance of factoring in tax payments into your cashflow budget- Deep diving into Clare's six Intentional Profit PillarsYou can find Clare at https://clarewood.com and follow the links to tune into her podcast and grab a copy of her book, Intentional Profit.Episodes referred to in this episode:- https://listen.stephtaylor.co/467 - Denise Duffield-Thomas on money mindset, launching and scaling to a multi-million dollar biz by doubling down on one productSHOW LINKS:- Get my Daily Biz Booster emails: https://stephtaylor.co/DBB- 5 Simple Tweaks to Boost Your Launch Profits: https://stephtaylor.co/tweaks- Want me to spend a day working on your next launch?- Book a VIP intensive: https://stephtaylor.co/vip- Get The A-Z Podcast Launch Plan: https://stephtaylor.co/plp-ig- Get a 30-day free trial of Kajabi: https://stephtaylor.co/kajabiLet's be Instagram friends: https://instagram.com/stephtay...

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Frequently Asked Questions

How long is this episode of Imperfect Action?

This episode is 57 minutes long.

When was this Imperfect Action episode published?

This episode was published on March 5, 2023.

What is this episode about?

Clare Wood is a money mentor, author and qualified CPA who is passionate about teaching business owners all about profit and the concepts of money magic. In this episode, Clare and I chat about the importance of profit—not just sales—in your...

Can I download this Imperfect Action episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.