Profit Masters
Run Your Business like a Business to Keep More of What You Earn
For:Â All Commissioned Sales Professionals
Length: Full-Day
About:Â
Running a profitable business isn’t just about making more money than you spend, it’s more about knowing what, where and how to spend, to have the biggest impact on your overall profitability. In other words, growing profit isn’t about minimizing expenses… it’s about *calibrating* them, to find the perfect sweet spot. In addition, it’s about learning how to legally protect your money as your business grows, as well as knowing who to add to your wealth-building strategic advisor team and what legal and tax decisions you should make, to ensure you keep as much of your income as possible. This is a foundational financial education class that should be required for anyone without a full degree in finance or accounting, and is taught in a simple-to-understand, yet more importantly, simple-to-implement style, which will grow your profit, tax savings, legal protection, and ultimately your long-term wealth.
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In this course, you’ll learn:
- What is the proper way to structure your business, both legally and financially, to give yourself the biggest income potential, with the lowest chance of legal liability
- How to put together basic financial statements which can give you a rapid indication as to the health of your business
- What are the special IRS tax incentives that most real estate professionals aren’t aware of, and most CPA’s won’t bother sharing with their clients, as well as how to take advantage of them
- What hiring decisions, both part-time and full-time, can have the most dramatic impact on the profitability of your business as well as be the foundation for long-term wealth creation