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Finance Matters With Leago - E03: Why it is not sustainable to value the profitability of your business based on sales

E03: Why it is not sustainable to value the profitability of your business based on sales

04/13/20 • 10 min

Finance Matters With Leago
On this episode I discuss why sales and gross profit are not be sustainable indicators to value the profitability and market longevity of your business. I have selected two local small businesses, Dressed By Kat and MoveIt Removals, as case studies to provide a practical demonstration of how indirect costs have a significant impact on the financials of a small business and how they can negatively affect net profit if they are not controlled.
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On this episode I discuss why sales and gross profit are not be sustainable indicators to value the profitability and market longevity of your business. I have selected two local small businesses, Dressed By Kat and MoveIt Removals, as case studies to provide a practical demonstration of how indirect costs have a significant impact on the financials of a small business and how they can negatively affect net profit if they are not controlled.

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E02: Leasing vs Purchasing: What is the ideal method and what issues should we consider?

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