KYBN - How to Set a Sales Goal from Your Profit Goal

Use Your P&L Statement to Hit Your Profit Goal Have a Profit Goal? Figure Out Your Sales Goal to Hit It! Your Profit & Loss Income Statement has some great stuff to help you hit the profit goals of your business. By just using the percentages from your sales, COGS, expenses, and profit, you can work backward and determine what sales you need and what your COGS & expenses will typically run to hit that goal. We will even walk through an example so you can see how easy it is. How crazy would it be to know exactly what you need to do to hit the profit goals you have!  Don't just survive, time to thrive! ~~~~   The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in personal income. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.     HELPFUL LINKS   The Know Your Business Numbers Course Youtube Channel – Training for Local Small Business Owners Join the Badass Local Small Business Owners Facebook Group! Email me at [email protected] Visit the Local Small Business Coach website Get Your FREE eBook -8 Steps to Increasing Your Profits in Your Local Small Business   WHO THIS PODCAST IS FOR: local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams