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From Gross to Net: Understanding Your Floral Business Finances - Mini Episode
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Innehåll tillhandahållet av Jeni Becht. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Jeni Becht eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
In this minisode of The Floral Hustle podcast, host Jeni Becht dives into the realities of owning a six-figure floral business. Jeni breaks down what it really means to have a $100,000 business, from gross and net profit to managing expenses and paying yourself. Discover the essential factors to maintaining a sustainable profit margin and why florists often misunderstand what it takes to achieve a 100K business.
Key Points Discussed:
- Understanding gross revenue vs. net profit in a floral business
- Breaking down a $10,000 wedding: How much you really make
- The importance of managing operating expenses (e.g., labor, rentals, supplies)
- Why profit margins matter: Keeping your business profitable
- The reality of paying yourself as a florist and what financial success looks like
- Avoiding common pitfalls like overspending on flowers or jumping into costly studio spaces too soon
5-Day Challenge: Grow Your Floral Business to 100K! Ready to turn your floral business into a six-figure success? Join Jeni for the 100K Floral Business Challenge! This free 5-day event will help you take control of your finances, price your services right, and set the foundation for long-term growth.
Join the challenge here: thefloralhustle.com/100k
Dates: October 21-25, 2024
If you're listening after these dates, don’t worry! The challenge will be available on-demand so you can still access the lessons.
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