Ready, set, profit

It has been an insightful couple of weeks as a trainee in The Pricing Overhaul® Program.

Our first step was to complete a Financial Snapshot of our business. This involved an in-depth analysis of my studio’s services, pricing, and utilization. All good. Already tracking it. Totally expected. 

What I didn’t expect:

Digging deeper into the numbers: expenses, bank balances and debts.

I’ll describe it briefly:

• In-depth

• Eye-opening

• Triggering

Triggered how? Well, my most prevalent money mindset presented itself:

It’s impossible to reach a 30% profit margin in the boutique studio space

I’m ready to prove myself wrong! Putting my studio through the Pricing Overhaul® process is showing me what is possible, and what it will take to get there.