Series – How to escape the $1-3 Million ‘Nightmare Zone’ to reclaim your business and personal life.
Part Three – Profitability. Get your financial house in order.
- Guest – Rob Kropp
- From – Pravar Group
- Web – www.PravarGroup.com
Rob and the team at Pravar Group run some seriously good business programs for trade businesses. Their speciality is taking businesses that are turning $2-3 million and taking them to the next stage.
Over recent months, I’ve been getting to know Rob and Pravar Group and I love their complete dedication to helping businesses stay focused on the important metrics. Their attention to detail when it comes to understanding numbers is amazing.
There are few businesses on earth that wouldn’t benefit from the principles they teach and luckily for us, in this series, Rob goes above and beyond in helping us better understand three of the major obstacles that he says causes businesses to get stuck in what he calls, ‘the $1-3 million nightmare zone’.
- Part One – Productivity. Be a master of it, not a slave to it
- Part Two – Performance. Leverage through effective people power
- Part Three – Profitability. Get your financial house in order
If you love this podcast and live training, you’ll certainly love these, also.
- Finance 101 for tradies – [LINK]
- Lack of focus on gross profit margin – [LINK]
- Get a grip on your financials – [LINK]
You can watch and follow along with this episode on the video below 😉
About part three: Profitability. Get your financial house in order
I don’t know if you can relate to this, but I remember a number of years ago when I was starting out in business, I was so afraid of looking at my accounts that I simply wouldn’t. It terrified the heck out of me. To the point where I’d just rather stick my head in the sand and forget about it.
Over the years, I’ve learned how important it is to get a grip on your numbers. It’s not always peachy, but that’s business. We just need to take the good with the bad and make sure that we’re putting enough away that we can make it through the ‘flatter’ periods.
Rob is a finance guru. Coming from an accounting background, there is no one I know that is better qualified to educate on the topic of getting your finances in order. It makes up a huge part of the program that Rob teaches to his clients over at Pravar Group and I know if you get half as much out of this podcast as I did, it will make a HUGE difference to your business.
Sadly, this episode marks the end of this epic series, however you can be sure that Rob will be involved with The Site Shed again. Please reach out to him if you need to and if you get something from this podcast, please leave us a review and share it with someone else.
Rob and the team at Pravar Group have left behind an insane amount of resources for you to grab and implement. This barely scratches the surface of how good their stuff is so go grab it!