Mojo Executive

When you waste time on tasks that is outside of the expertise held within your organization, you take away valuable time to spend operating in your zone of genius.

Ahhh, yes. December old friend, we love to see you again!

Stay updated with our page for our top recommendations on how to leave the year in business on a high note!

Revenue generating is a great first step, but is your profit above the break-even line or are you operating in the red ?

Your financial records convey several messages to you about your business regarding your business activity and financial performance.

How well are you tracking your financial data?

Do you know what a healthy margin is for your industry ?

Familiarize yourself with statistics for your industry. 80-90 percent profit margins are rare and unrealistic.

Did you know, across all industries 5% is considered low margin, 10% is considered average margin, and 20% is considered a healthy margin ?

Some industries of course will have higher margins. It is important to know the numbers for your industry so you can properly benchmark your growth.

Mixing your personal and business finances together is one of the most common money mistakes entrepreneurs make.

What other benefits besides simplifying tax time are there?

Separating your finances can provide

✅ Audit Protection
✅ Professional Appearance
✅ Differentiation Between Hobby Vs Business
✅ Corporate Veil Protection
✅ Better Record-keeping

How you can separate your finances
✅ Get a Business Bank Account
✅ Understand What PG Means
✅ Apply For Funding Under Your Business Only

Reminder for when you feel like you’re ready to lower your expectations 🙌🏽

When it comes to pricing, you want to make sure you are

✅Being considerate of your time
✅Being considerate of your investment
✅Being considerate of your bottom line

BUT wait a minute, now.

You also want to make sure you are competitively and strategically priced.

Do you have a strategy behind your pricing or are you creating prices at random ?

Book a free discovery call utilizing the link in the bio if you need help.