A business consultant and a Profitability Coach offer distinct but complementary services to organizations, each playing a crucial role in enhancing a company’s performance and financial health. Understanding their differences can help businesses decide which professional to engage based on their specific needs. Business Consultant A business consultant provides expert advice on various aspects of…
It’s important for business owners to understand the differences between a business coach and a profitability coach to make informed decisions about which type of coaching can best meet their specific needs and goals. Although both types of coaches aim to enhance a business’s success, they focus on different aspects and employ distinct methodologies. Here…
Every business owner wants to increase cash flow and profitability. But many don’t know where to start or what to do, leaving them confused and frustrated. Every business owner deserves to have a business with a strong financial future. Simply stated, profitability is how efficiently a company makes a profit. A high gross or net…
Business owners often struggle with financial management, making external help crucial. Two common options are hiring a part-time Chief Financial Officer (CFO) or a business profitability coach. Here are the top five differences between the two: Why Hiring a Business Profitability Coach Might Be Better: Hiring a business profitability coach can be advantageous for several…
On this episode of ProfitSense, we delve into the stories of two influential Atlanta businessmen. Dr. Robert Matheny of Corvivo Cardio, discusses his transition from a cardiovascular surgeon to an entrepreneur, pioneering groundbreaking extracellular matrix technology for heart tissue regeneration. Don Bravaldo, President of Bravaldo Capital Advisors, provides expert insights into the mergers and acquisitions landscape,…
The journey from “a banker laid off in the Great Recession” turned “Profitability Coach for 15 years” has been filled with challenges, growth, and remarkable stories of transformation. Every business owner wants to improve cash flow and profitability. But many don’t know where to start or what to do. I identify the hurdles getting in…
When it comes time to sell their company, business owners realize they’ve never planned for an event like this and they don’t know where to start or what to do. It can be confusing and frustrating. It shouldn’t be so difficult to sell the company, ride off into the sunset, and start the next chapter…
Whether they’re close to retirement or in the height of their career, every business owner will exit their business one day. And while it may seem too early to plan for that eventual exit, there are always steps that can be taken to maximize value and ensure a smooth transition. One of the biggest steps…
This is a guest post written by Chris Caldwell, CFP®, AIF®, AEP®, ChSNC®, CRC®, MBA, Partner, Highland Trust Partners. It is a normal Wednesday afternoon at your business when you receive a call that could change your outlook on life. On the other end is a person representing a buyer of businesses similar to yours…
Every business owner wants to improve cash flow and profitability. But many of us don’t know where to start or what to do. Often, we don’t know if the decisions we’re making are helping or hurting. We don’t know which levers we need to pull to improve profitability. It shouldn’t be so hard to run…
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