Shannon discusses the importance of understanding key financial metrics, such as offer profit and operating profit, and their impact on overall business health. She introduces her five-step 'Profitable Scaling Playbook' and shares practical tips for managing cash flow and optimizing customer value.
Whether you're a small business owner or running a larger enterprise, this episode provides actionable advice to ensure you're not only earning well but keeping it too. Tune in to transform your financial management and build a more profitable and sustainable business.
This episode originally aired on Medspa Success Strategies Podcast: https://medspamagicmarketing.com/podcast/
What you'll hear in this episode:
[1:40] The Profitable Scaling Playbook: An Overview
[6:50] Common Financial Pitfalls and Solutions
[13:30] Marketing Strategies for Med Spas
[24:15] The Three-Visit Rule in Consumer Psychology
[28:35] Creative Discount Strategies for Customer Retention
[31:20] The Importance of Tracking and Data in Business
[33:25] Responsible Debt Management for Business Growth
[36:20] Cash Flow Management Tips for Business Owners
[40:30] Key Habits of Successful Med Spa Owners
Check out the Medspa Success Strategies Podcast: https://medspamagicmarketing.com/podcast/
Learn more about our CFO firm and services: https://www.keepwhatyouearn.com/
Connect with Shannon: https://www.linkedin.com/in/shannonweinstein
Watch full episodes: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ
Follow along on IG: https://www.instagram.com/shannonkweinstein/
The information contained in this podcast is intended for educational purposes only and is not individual tax advice. We love enthusiastic action, but please consult a qualified professional before implementing anything you learn.
