Running A Profitable Business with Ruth King | Ep 32
About this episode
This week we’ve got a great show with Ruth King. Ruth is a serial entrepreneur having owned 8 businesses over the last 37 years. She’s also a bestselling author of 4 business books about profitability & running a business.
In this episode we dive into the numbers of running a profitable business. Ruth shares some great quick formulas you can run to determine if cash flow is increasing or decreasing. She also shares a best practice on a profit-sharing compensation plan she’s helped multiple companies successfully deploy.
Book Links:
Profit or Wealth?: Simple Rules for Sustainable Business Growth
The Courage to Be Profitable: Get and Stay Profitable in Less than 30 Minutes a Month
Uncopyable: How to Create an Unfair Advantage over Your Competition
Never Split the Difference: Negotiating as if Your Life Depended on It
Deep Work: Rules for Focused Success in a Distracted World
Alchemy: The Dark Art and Curious Science of Creating Magic in Brands, Business, and Life
Download my FREE 8-Figure Playbook
This playbook walks through the exact process I used to build from $0 in 2016 to $50M+/year today across multiple franchise brands
Grab it here: https://brianbeers.kit.com/b79cf77012
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