Weekly show where my featured guests and I explore the financial and business challenges women face on the entrepreneurial journey to success. You'll hear them talk about the money side of their businesses in ways you've always wanted to know about, but wouldn't dare ask. They openly share their disappointments, failures, successes, and everything in-between as they grew sales ranging from 6 to 9 figures. Knowing where your business stands financially helps you make critical decisions with confidence. It's simply the best way to be sure you grow a business that fuels the life you want to live.
https://www.christinasjahli.com/
Why You Need to Analyze Your Product Profitability
Have you heard about the 80/20 rule?
In order for you to spend 20% of your effort to create 80% of your profit, you need to understand your profitability at the product, client, division or region level, not at the total profitability level.
Total profitability is the common metric out there. However, it is more accurate for any business to analyze your profitability either by product, client, division or region.