Why Your Company Isn't Profitable, and How to Fix It | The Mills Knows Bills Podcast, Season 4

Link to video podcast episode: https://youtu.be/IEg9zy6NV3U

Welcome to the Mills Knows Bills Podcast! Host Mills Bender, founder and CEO of Mills Knows Bills, discusses strategies for business owners and variable income earners to manage their finances effectively. Let's get to those burning financial questions!

In this episode, Mills is joined by MKB team member Jen Fizer, a seasoned CFO with over a decade of experience. They dive into a pressing question from a listener: "Why is my company not profitable, and what can I do about it?" The conversation covers crucial aspects such as analyzing profit and loss statements, managing operating expenses, renegotiating with vendors, and optimizing revenue streams. They also discuss the importance of collecting accounts receivables on time. Get actionable tips to help your business achieve financial stability and growth. Tune in to master your money and transform your financial future!

Subscribe on YouTube for the latest from Mills Knows Bills:

https://youtube.com/@MillsKnowsBills

To connect with Jen:

Jen@MillsKnowsBills.com

Do you have your own burning financial question for Mills? Contact her here:

Email: info@MillsKnowsBills.com

Website: https://MillsKnowsBills.com

Instagram: https://instagram.com/@millsknowsbills

LinkedIn: https://www.linkedin.com/company/mills-knows-bills

00:00 Introduction to The Mills Knows Bills Podcast

01:04 Special Guest Introduction: Jen Fizer

02:06 "Why Is My Company Not Profitable?"

03:55 Strategies to Improve Profitability

07:12 Accounts Receivables and Profitability

09:51 Conclusion and Contact Information

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