1428 Financial
12/04/2024
Profit margins aren’t just numbers – they’re the heartbeat of your business health.
Let’s talk real talk about those percentages that can make or break your business growth. Think of your profit margin like a financial fitness tracker for your business.
🚨 Profit Margin Reality Check 🚨
Absolute Minimum: 15% (Survival mode)
Comfortable Zone: 20-25% (Breathing room)
Ideal Target: 25-30% (Growth mode activated!)
Stuck below 20%? Don’t panic. Here’s your game plan:
Dive deep into your expenses
Analyze your revenue streams
Audit the time you and your team are spending
Hunt down those profit pitfalls and crush them!
Pro tip: Your profit margin isn’t just a number. It’s a strategic tool that tells the story of your business’s health, potential, and future.
If you’re stuck in the 20% or less profit jail… we can help break you out. Swipe to read more about these 4 big factors and what you can do to get above a 20% profit ASAP.
01/09/2023
If you're self-employed and working from a designated home office space, you may be eligible to deduct these things:
→ Office Furniture
→ Laptop/Computer
→ Office Supplies
→ Telecommunications
→ Internet, Utilities, Mortgage, Rent (for the portion of your home office/total home sq. ft.)
Need help making sure these expenses (which you may have on your personal card!) make it into your business bookkeeping? That's what I'm here to help with!
06/27/2022
You’re not dumb because you don’t understand business finances.
I don’t understand website coding or trademark law, but I don’t consider myself an idiot because of that. That’s why we have experts to help us.
But why, when it comes to finances specifically, do we consider ourselves dumb for not understanding? I’ve heard it time and time again from clients - they are so hard on themselves because they don’t understand finances.
I have my theories as to why. A long long time ago in a galaxy far away when I wanted to become a math teacher, I had this theory that so many people think they’re bad at math not because they actually are, but because we’ve been told for so long how hard it is. I think finances have a similar stigma.
And the bummer part is that I think this stops some business owners from seeking out help because they’re embarrassed.
DON’T BE.
If this is you, know that you’re not an idiot for not understanding finances. You just need the right help.
Still searching for that help? Reach out today and schedule a discovery call - we’d love to chat about whether our services can be that game changing help for you.
Click here to claim your Sponsored Listing.
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Dallas, TX