Episode 78: A Profit First Implementation with Nikki Begg
Nikki Begg ran a profit first analysis of Petals, her business in Bermuda,and finds that she is bleeding money – and now is at the precipice of a decision… does she sell the business, tank the business, or do something else? In this episode we discover there is yet ANOTHER option that Nikki didn’t think about. Mike Michalowicz walks her through an implementation of Profit First and facing the hard decisions you need to make when you run multiple businesses.
The Entrepreneurship Elevated Podcast
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Show Notes
Nikki Begg ran a profit first analysis of Petals, her business in Bermuda,and finds that she is bleeding money – and now is at the precipice of a decision… does she sell the business, tank the business, or do something else? In this episode we discover there is yet ANOTHER option that Nikki didn’t think about. Mike Michalowicz walks her through an implementation of Profit First and facing the hard decisions you need to make when you run multiple businesses.