The Economy Changes But Your Profitability Doesn’t Have To (feat. INI Sips)

06/22/23 • 36 min

1 Listener

Mind The Business: Small Business Success Stories

By coming out of a pandemic and entering into a period of economic downpour, it has been a challenging time for many small businesses. Sometimes you have to adjust your plans during the ever changing economy. Co-founders of INI Sips and married couple, Gulaid and Davina Ismail share how their ideal plans of owning a local coffee shop changed after the spread of COVID-19 in 2020. They discuss how pivoting into e-commerce helped them salvage their business while also learning to grow in ways they never expected.

Learn more about how QuickBooks can help you keep your business thriving:

For more insights on adapting to economic changes, visit:

https://quickbooks.intuit.com/r/running-a-business/what-is-stagflation/

For key takeaways from this week’s episode, visit:

https://quickbooks.intuit.com/r/running-a-business/mind-the-business-episode-7/

See omnystudio.com/listener for privacy information.

Learn more about how QuickBooks can help you keep your business thriving:

For more insights on adapting to economic changes, visit:

https://quickbooks.intuit.com/r/running-a-business/what-is-stagflation/

For key takeaways from this week’s episode, visit:

https://quickbooks.intuit.com/r/running-a-business/mind-the-business-episode-7/

See omnystudio.com/listener for privacy information.

Previous Episode

How to be a Better Boss (feat. Lunar Hard Seltzer)

Being your own boss is amazing, but you also need to think about maintaining a good relationship with your employees. From handling payroll to creating a culture that encourages employee retention; there is so much that goes into being a good boss. Kevin Wong, co-founder of Lunar Hard Seltzer, joins us to discuss how he has managed to grow his two-man team into a growing business that actively hires in multiple cities.

Learn more about how QuickBooks can help you grow your business and manage employees:

For more employee management resources and insights, visit:

https://quickbooks.intuit.com/r/manage-employees/

For key takeaways from this week’s episode, visit:

https://quickbooks.intuit.com/r/running-a-business/mind-the-business-episode-6/

See omnystudio.com/listener for privacy information.

Next Episode

Weigh your Options When Scaling Your Business (feat. The WC Social Club)

You have finally got your business in order and everything is running smoothly, so naturally you want to grow it. However, that may not be as simple as it sounds. The tools you used to survive won’t serve you as you attempt to thrive and you will likely need to make foundational changes in your organization to support the type of growth you wish to achieve. Chris Triebes, founder of The WC Social Club, joins us as he discusses the obstacles he faced while trying to create a sustainable indie rock company in his hometown of Chicago. Chris opens up about scaling from an independent concert promoter to a venue manager and talent buying entrepreneur.

Learn more about how QuickBooks can help you grow your business:

For more resources and insights on how to scale your business, visit:

https://quickbooks.intuit.com/r/growing-a-business/

For key takeaways from this week’s episode, visit:

https://quickbooks.intuit.com/r/running-a-business/mind-the-business-episode-8/

See omnystudio.com/listener for privacy information.

Mind The Business: Small Business Success Stories - The Economy Changes But Your Profitability Doesn’t Have To (feat. INI Sips)

Transcript

Speaker 100:00:01.000

The views, information, or opinions expressed during this podcast are solely those of the individuals involved and do not represent those of Into It QuickBooks or any of its cornerstone brands or employees. This podcast does not constitute financial, legal, or other professional advice or services. No assurance is given that the info is comprehensive, accurate, or free of errors, and the information presented is for general information purposes o