What is the E-Myth? The Entrepreneurial Myth is the mistaken belief that most small businesses are started by entrepreneurs risking capital to make a profit. In reality, most businesses are started by technicians who have an "entrepreneurial seizure" - they know how...
Business Type: Garden Maintenance and Landscape Construction Location: Wollongong, NSW Size: 14 Staff Time a Client: 8 months (and on-going) Background Paul, the owner of the garden maintenance and landscaping business, was referred to me by another consultant...
Have you ever wondered how some businesses achieve remarkable profit growth while others struggle to move the needle? The secret often lies not in dramatic overhauls, but in the compound effect of small, strategic improvements. In this article, I'll show you...
As a business owner, have you ever found yourself puzzled by the numbers? Your Profit & Loss statement, or perhaps your accountant, tells you that you're making a good profit, yet your bank account paints a very different picture. Where's the cash? Let's...
In the world of business, understanding your break-even point is a fundamental step towards achieving profitability and financial stability. It’s the point where your total revenues equal your total costs, and you start making a profit. In this article, we’ll...
Every successful business stands on three fundamental pillars - much like a three-legged stool. Remove one leg, and the entire structure becomes unstable. As The Profit Coach, I've observed that sustainable profit growth comes from mastering these three core...
Unlocking Rapid Growth: How Small Businesses Can Outpace Economic Projections In the dynamic world of small business, growth isn't just a possibility—it's an expectation. Recently, I had the privilege of attending a Budget Breakfast hosted by the Penrith Valley...
How to Choose the Right Business Coach for Your Small Business Selecting the right business coach is a pivotal decision for any small business owner. The ideal coach not only acts as a guide through the complexities of business management but also aligns with your...
Shrink To Grow Happy Friday everyone. I'm back in my mobile filming studio, and I just wanted to shoot this very...
The Top 3 Business Tips And Strategies That Every Business Needs To Get Right We recently created an e-book titled “20 Reasons Why You Don’t Make Enough Money In Your Business”, which has proved to be very popular with our clients. This e-book covers 20 things that...