Key Metrics to Increase Profitability

Bold Business Podcast

To achieve business growth, it is important to have a sharp focus on your industry, maintain good financial health, and adopt a growth mindset. Foundational decisions based on company values and work ethics play a crucial role in ensuring the longevity of your business.

Mental fog and decision fatigue are silent and dangerous to a business focused on growth. As a vision holder, two things are paramount to success: personal vitality and strategic clarity. Without those, becoming complacent and going through the motions is easy. For growth and questioning assumptions, an intentional cadence is needed to check in to stay focused on profitable growth.

In this program, you will learn the three metrics categories to align with how you work when pivoting from or reframing a situation. That clarity comes from knowing how to correct your forecasting assumptions. Using non-financial drivers, your business growth levers, and financial awareness to be accountable — together, these will increase understanding of how intertwined each part of your business is.

Jess Dewell talks with Guillermo Rodriguez, Virtual CFO at Anders CPA, about the importance of an outside set of eyes that works in partnership with you to grow profitably.

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If you want to identify business bottlenecks, the necessary skills, the initial actions to take, the expected milestones, and the priorities for achieving growth, try the "Growth Framework Reset" approach. This will help you keep learning and growing while working strategically on your business.

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You can get in touch with Jess Dewell on Twitter, LinkedIn or Red Direction website.