Finances For Small Business Owners Blog
The go-to place to better understand how to manage your cashflow, make smarter financial decisions, and ensure you're scaling your business profitably
The 5-Minute Financial Health Check: Score Your Business Against These 10 Metrics
by: Alex Engar10 financial metrics. A red/yellow/green scoring rubric for each. In 5 minutes, you'll know exactly where your business is strong, where it's leaking profit, and which problems are costing you the most. Built for owner-operated businesses doing $500K to $10M.
Dental Practice Profit Margins: Why Most Dentists Work 50 Hours a Week and Still Take Home Less Than an Associate
by: Alex EngarThe average dental practice runs 62% to 68% overhead. The best run under 55%. On $1.2M in collections, that gap is $132,000 in owner income. See overhead benchmarks by category, margins by service type, and the 6 profit leaks specific to dental.
Plumbing Company Profit Margins: The Numbers That Separate a $1.5M Company Making $60K From One Making $200K
by: Alex EngarThe average plumbing company nets under 8%. The best hit 18% to 25% on the same revenue. See margin benchmarks by service type, the 6 margin killers, and what a well-run $1.5M plumbing company actually looks like.
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@Hi there, have a question? Happy to help here via chat.Hi there, have a question? Happy to help here via chat.