What is Profit First & Why Accountants Hate It
Profit First by Mike Michalowicz is a book that can be a game changer for any small business willing to put their profit first. In this episode...
Ever feel like pricing is more art than science? You're not alone. In this episode of Kaizen Time, we break down one of the most common financial mix-ups: markup vs. profit margin. These two terms might seem interchangeable, but they serve very different purposes.
Markup helps you set a baseline price—so you’re not selling yourself short. Profit margin, on the other hand, reveals how much of your revenue actually turns into profit. Understanding both is crucial for pricing smarter, protecting your bottom line, and scaling your business.
By the end of this episode, you'll have a crystal-clear grasp of how to use markup and margin together to drive stronger profits and smarter decisions. Let’s turn your pricing strategy into a competitive advantage.
Is there a question you want answered? Send us an email at bsb@kaizencpas.com
Profit First by Mike Michalowicz is a book that can be a game changer for any small business willing to put their profit first. In this episode...
Most automotive repair shops know about a cost pricing matrix, but what about a labor matrix? It isn’t too different but is essential to your...
Join us in this illuminating podcast episode as we unravel the world of pension and profit-sharing options that can transform your year-end...