thelotco business podcast- build your profitable product business
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Why knowing your numbers can help you build a stronger product business.• 24 min
How well do you know your numbers in your business? This is something that freaks a lot of people out I know! But if you run your own business and want to be acting like the CEO then you should understand where you stand. In this episode we cover some of the essentials of knowing your numbers. Being able to read your profit and loss. Understanding your margins. Knowing what percentage of your expenses are eaten up by the different categories. What your AOV, and website conversion rate is? Being across your data helps you make better decisions for your business. Listen to this episode to help you get a better picture about what you need to know and why! To boost your conversion rate on your website and make sure every visitor is maximised check out my 5 day series to boost your numbers. https://www.thelotco.com.au/5dayseries I'm Mel Robbins! from @thelotco Register for my FREE webinar here https://www.thelotco.com/freewebinar And if you want a Roadmap to Building a Profitable Product Business head here for directions! Find more details at https://www.thelotco.com.au/ Business Coach for product-based businesses. Teaching creative business women how to build a scalable and profitable million-dollar product business. Over 25 years in Retail and Wholesale Sales and Marketing. Grab my 8 step checklist on building a profitable product business.
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