221: How to Talk to Your Team About Profit

<p><span style="font-weight: 400;">Each person matters! Team members play a significant role in making and keeping a company profitable. To be profitable, a company has to make more than it spends, and the team members who find ways to take care of our exceptional clients increase sales, save money, and add significant value to our services. A profitable company is a healthy company that becomes a pillar of the local economy, and small companies are responsible for 60-80% of all new jobs in the US. Isn’t it easy to see why each team member is important?</span></p> <p><span style="font-weight: 400;">A stable, healthy, and profitable company means that each team member has job security, along with career advancement opportunities, raises, and other benefits. A growing, profitable company can provide jobs for your neighbors, friends, and other community members. This healthy business growth cycle continues on and on–and it all begins with the ways your team members contribute to profitability. Those profit conversations can be challenging and uncomfortable, but I’m here to make it easier for business owners. Join me for a closer look in today’s podcast!</span></p> <p><em><span style="font-weight: 400;">Profit by Design is a Tap the Potential Production.</span></em></p> <p><strong>Show Highlights:</strong></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">How the right conversations with your team members can help them understand the difference between</span> <em><span style="font-weight: 400;">revenue</span></em> <span style="font-weight: 400;">and</span> <em><span style= "font-weight: 400;">profit</span></em></li> </ul> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Why we developed</span> <a href= "http://www.tapthepotential.com/guide"><span style= "font-weight: 400;">A Guide To Talking To Your Team About Profit</span></a> <span style="font-weight: 400;">and have it available for you to download </span></li> </ul> <ul> <li style="font-weight: