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Unlocking Profits — The Secret Metrics Every Florist Must Know ?

Unlocking Profits — The Secret Metrics Every Florist Must Know ?

FromThrive Podcast for Florists


Unlocking Profits — The Secret Metrics Every Florist Must Know ?

FromThrive Podcast for Florists

ratings:
Length:
31 minutes
Released:
Jun 25, 2024
Format:
Podcast episode

Description

Do you ever look at your financial reports and wonder which numbers really matter?In this episode, Kathleen reveals the secret metrics that every successful florist must know to unlock their profits and thrive. Join us as we dive deep into the four most important profitability metrics for florist business owners: labor, rent, vehicle expenses, and the crucial ratio of expenses to annual revenue.Whether you're just starting out or looking to refine your existing business, this episode is packed with valuable insights to help you flourish financially. ?***Link to florist financial benchmarks from the Australian Taxation Office: https://www.ato.gov.au/businesses-and-organisations/income-deductions-and-concessions/small-business-benchmarks/in-detail/florists
Released:
Jun 25, 2024
Format:
Podcast episode

Titles in the series (100)

Thrive Podcast for Florists is the only podcast that teaches floral designers, florists and flower farmers practical tools for building thriving businesses. Marketing expert, creative entrepreneur and certified Life Coach Kathleen Drennan combines her marketing experience and business coaching wisdom to teach floral designers how to attract more customers, get clients and make more money. Busting through the secrecy of the flower industry, Kathleen provides practical, actionable advice. Whether your goal is to make 20K, 200K or more, you’ll be amazed how quickly you can grow your flower business if you follow Kathleen's wisdom! Visit http://littlebirdbloom.com.au/ to learn more.