Financially Simple

In episode 311 of Financially Simple, Justin gives a simplified overview of the Profitability Gap. Is your business fulfilling its potential and among the best in your industry's class? If there is room for improvement, how much more could you be earning? In this episode, Justin explains what the Profitability Gap is, and how to calculate it. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME INDEX: 00:54 - What is the Profitability Gap? 02:30 - Basic Income Statement Accounting 07:04 - Industry Specific 09:05 - Comparing Within Your Own Industry 10:00 - Best in Class 12:39 - Calculating Your Profitability Gap 14:48 - Summary   RESOURCES: Financially Simple Educational Website Financially Simple on YouTube Subscribe to the Financially Simple Newsletter Ask Justin a Question NEW Book: The Ultimate Sale - A Financially Simple Guide to Selling Your Business for Maximum Profit _________________   BIO: Justin A. Goodbread, CFP®, CEPA, CVG