Always Have a Predictable Profit

ebook

By Mike Wolf

cover image of Always Have a Predictable Profit

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This book highlights the stories of ten local business owners who have not only excelled in their respective fields but have also managed to operate their businesses as high-performing entities. It addresses the common statistic published by the Small Business Administration (SBA) regarding small business failure rates, emphasizing that over 83.4% of small businesses may not survive beyond five years due to various challenges that this material resolves.


The key attributes of high-performing businesses span structural integrity, which ensures legal compliance and good risk management practices that lead to financial freedom. High performing companies enjoy predictable profit through accurate financial management, operational efficiency, and strategic tax management, allowing them to navigate unforeseen market shifts that interrupt progress and profitability.


High-performing business owners understand the importance of staying in control of their businesses, treating them with care and respect, and fully owning them to avoid the trap of merely having a job, rather than owning a company that provides long-term income when it is sold or leased in the future.




Always Have a Predictable Profit