Guest’s Background:

Dawn Fotopulos is the associate professor of business at The King’s College, the founder of BestSmallBizHelp.com and author of Accounting for the Numberphobic: A Survival Guide for Small Business Owners (AMACOM). As an experienced entrepreneur and small-business turnaround expert, she has rescued hundreds of small businesses from financial disaster. She has been featured on MSNBC’s Your Business and at the New York Times Small Business Summit.

Website: hiddenprofitacademy.com

System Steps:

Step 1: Review your financial dashboard.

Step 2: Focus on gross margin, not on revenues.

Step 3: Increase your gross margin by increasing your prices.

Step 4: Increase your gross margin by eliminating unprofitable products and services.

Step 5: Increasing growth margin by identifying profitability by the client.

Guest&rsquo;s Background:
Dawn Fotopulos is the associate professor of business at The King&rsquo;s College, the founder of BestSmallBizHelp.com and author of Accounting for the Numberphobic: A Survival Guide for Small Business Owners (AMACOM). As an experienced entrepreneur and small-business turnaround expert, she has rescued hundreds of small businesses from financial disaster. She has been featured on MSNBC&rsquo;s Your Business and at the New York Times Small Business Summit.
Website:&nbsp;<a href="http://hiddenprofitacademy.com/">hiddenprofitacademy.com</a>
System Steps:
Step 1:&nbsp;Review your financial dashboard.
Step 2:&nbsp;Focus on gross margin, not on revenues.
Step 3:&nbsp;Increase your gross margin by increasing your prices.
Step 4:&nbsp;Increase your gross margin by eliminating unprofitable products and services.
Step 5: Increasing growth margin by identifying profitability by the client.

Most business owners avoid documenting their core business processes (even though they’re key to building a business that works without them) so we decided to do if for them. We interview industry experts and have them share their best small business systems and processes. Our team then converts those interviews into procedure templates that you can duplicated, customised and deployed within your business. 

It’s the quickest, easiest and efficient way to build a systemised business.

Business Processes Simplified Podcast

Business Processes Simplified By SYSTEMology

Understanding the financial side of business is important. When equipped with enough knowledge, one would be saved from running a business blindfolded and doom looped. The key concept of the system is to change the mindset of growing your business and convert it into growing your profit and cashflow.

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