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Shifting your Focus Volume to Profit

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75457 Palabras2m readGrade 18
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Calvin Mergen
all right as I love what I'm seeing out there on Facebook and a lot of the groups and a lot of the focus on numbers is shifting from volume units production and people are really really truly talking about profit profit in your business not just how much production you do because obviously that can just be smoke and mirrors we truly want to look in profit and that was what CT was really really developed for was to be able to have your business put on a scale and see exactly how you're doing how profitable are you
not just how much business do you do because again like I said that can be smoke and mirrors so inside of CT right on your homepage has all of these key numbers here so you can see your close production here so 12 million that sounds great I got two hundred eighty four thousand dollars closed and now I can see what are my costs of sales and what is the percentage of my business that's going to that my expenses and what percentage of my business my 1099 income my net income estimated taxes and then my net
after taxes so I'm truly looking at the profitability of my business and then they can dive a little bit deeper if I go into the financial statement here I can see month by month what happened inside of my business with the percentages as well so truly dissecting my business and making sure that I'm running a lean lean profitable business and what's so key about that is the market right now is making some of us look pretty good so when we're gonna be going into that shifting market it's key to understand the numbers of our business
and making sure that we're running a lean because when these markets start to shift the people that are gonna survive and thrive are gonna be the ones that truly are running a very profitable and lean business so again take a look at your financial statement each month what you brought in the percentages it shows it right here as well where did my money go in cost of sales and make sure you're putting in your expenses as well it gives you the percentage of your business that's going to each one of your categories so on a
monthly basis just jump in here and enter in your total so that way you guys can see exactly what is my actual total expenses my net profit each month the percentage of GCI that you keep each month inside of your business very key and I love that the focus is shifting from production to profit
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