Is your revenue OK, but profit margins suck?
Can’t work out why there’s no money left over each month?
It’s probably your team’s efficiencies.
Team are great.
They’re the only way you’re going to grow.
They’re the only way you’re going to take on bigger and better clients.
But if they’re not performing, it’s the quickest way to bankruptcy.
A poor performing team can very quickly chew through any cash reserves.
A poor performing team will happily rack up hours against projects that don’t have the budget.
If profit is low - team performance is the first thing I look at.
The good news is - it’s also really easy to fix.
Poor team performance is a lack of structure and direction.
Think of leading your team like 10 pin bowling…
…but with bumpers on.
Your team needs autonomy - but they also need to know how things get done.
They need the bumpers to guide them.
So they don’t go off track and into the gutter.
And your bumpers are your systems and processes.
Honestly, the best-performing businesses I’ve coached…
…are the businesses where the owner focuses on systems and processes.
They set up the bumpers so their team can’t get it wrong.
The path to profit is a well-performing team. And the path to a well-performing team is systems and processes.
So if your profit margins aren’t what they could be…
…start here.
To your success,
Josh
PS: If you’re interested, here are 4 ways I can help you right now:
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