Perfectly Mentored With Jason Portnoy

EP81: Adam Rundle: Know Your Financials! How To Scale Your Business Profitably

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Synopsis

The financial aspect of a business can easily be neglected when one only looks at face value revenue. It is important to always contextualize your numbers and make sure that you are using the appropriate metrics to look at these numbers. Adam Rundle is the founder of CleverProfits and The Perfect P&L. Both Adam and his business are passionate about partnering with business owners and coaching them to effectively understand the business from a financial perspective.On this episode of the Perfectly Mentored Podcast, Adam and Jason discuss aspects of running a business considering its numbers and financials, three important questions when analyzing profitability, and strategies on determining salaries and commissions.Topics Covered: Who is Adam Rundle? [00:18] What are the most common mistakes people make when it comes to numbers and financials? [04:02] What is the biggest mistake established businesses make when it comes to the numbers? [07:51] Is there a magic formula for profitability? How should busine