Clare Wood on creating intentional profit in your business

Clare Wood is a money mentor, author and qualified CPA who is passionate about teaching business owners all about profit and the concepts of money magic. In this episode, Clare and I chat about the importance of profit—not just sales—in your business and her 6 Profit Pillars.

In today's episode, we chat about:
- Why top-line sales aren't a reliable indicator of your business performance
- Identifying inefficiencies in your business and when it's okay to take a profit hit to grow
- Why it's important to separate your personal finances from your business finances
- Identifying common expenses that can lead to an unprofitable business
- The importance of factoring in tax payments into your cashflow budget
- Deep diving into Clare's six Intentional Profit Pillars

You can find Clare at https://clarewood.com and follow the links to tune into her podcast and grab a copy of her book, Intentional Profit.


Episodes referred to in this episode:
- https://listen.stephtaylor.co/467 - Denise Duffield-Thomas on money mindset, launching and scaling to a multi-million dollar biz by doubling down on one product



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