Here’s what we’re talking about in this episode:
- How Shannon got involved with Profit First, and what inspired her to specialize in the fitness industry
- A look at Profit First and Why and why she recommends it so strongly for small businesses to use
- What she sees the most when implementing Profit First with her clients
- Shannon’s recommendations for studios just starting out or ones that are operating from paycheck to paycheck
- How often you should do an expense audit as a studio owner and the main metrics that owners need to look at regularly
- Ways to make reviewing your finances a part of your routine
- Shannon’s top tips on budgeting, how to find a good bookkeeper, and what to do to ensure profitability for your business
LINKS:
https://training.studiogrow.co/dare
https://risinggoddessfitness.com/
https://www.instagram.com/michelle.tenuta/
https://fitforprofit.com/