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E168: Boosting Your Profitability with Marcia Riner

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What are the foundational pieces that many business owners overlook when it comes to boosting profitability? How does focusing on profitability differ from just focusing on revenue and what are some mistakes that businesses often make when it comes to boosting profitability?

In this episode, I am joined by Marcia Riner, to discuss all about boosting profitability for business owners. Marcia, a business growth strategist and exit planner, shares her expertise and proven strategies for doubling revenue, driving growth, and maximizing the value of businesses. Together, we explore common mistakes businesses make when it comes to profitability, the importance of revisiting business plans, and techniques for achieving profitable growth while maintaining a lean operation.

From understanding the key factors that drive profitable growth to leveraging existing customer relationships, this episode offers a roadmap for sustainable business growth and profitability, providing you with the tools and inspiration to elevate your own business success!

In this episode, we explore:

  • Profitability and Business Growth
  • Ā Mistakes in Boosting Profitability
  • Ā Achieving Profitable Growth
  • Ā Overcoming Business Plateaus
  • Ā Business Efficiency and Lean Practices

"The business owner's so focused on acquiring that customer and delivering the product, that they forget about the profit side."

- Marcia Riner

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ABOUT THE SHOW

The Lean Out Your Business Podcast is a show dedicated to helping entrepreneurs accelerate business growth and simplify success.

Hosted by Crista Grasso who has been helping businesses for more than 2 decades to lean out by optimizing what's working and eliminating anything not adding value. 

If you are ready for more time back in your day and more profit in your business, while doing business differently and growing and scaling on YOUR terms, tune in to the podcast.

UNCOVER HIDDEN TIME AND PROFIT IN YOUR BUSINESS

Download our proprietary waste guide to uncover where you could be getting time back in your week and increasing your profit margin

If you have ever found yourself wishing there were more hours in the day or more profit in your business, the reality is that there is hidden time and money in your business. 

After spending more than 20 years working with businesses to uncover hidden time and profit as they scale, I've identified 10 of the top areas coaching, consulting, and service-based businesses leave massive amounts of time and money on the table. Download the free guide to determine where you have hidden time and money in your business.