Listen "Mark Dolfini: Financial Statement Breakdown for Business Owners"
Episode Synopsis
About Mark Dolfini: Mark Dolfini is a Life and Business Strategist, U.S. Marine veteran, and bestselling author of The Time-Wealthy Investor 2.0. As the founder of Strategic Boardroom LLC, he helps entrepreneurs and business owners regain control of their calendars, design businesses that serve their lives, and break free from the trap of constant busyness. Drawing on his background in accounting, commercial lending, property management, and real estate investment, Mark blends practical systems with deep personal insight to help clients achieve true freedom and fulfillment. His work centers on helping high-performing leaders reconnect with their purpose, their families, and the vision that inspired them to start their business in the first place.In this episode, Ryan and Mark Dolfini discuss:The significance of understanding and analyzing the balance sheetThe practical breakdown of income statements and profit marginsCash management strategies and strategic tax considerationsPricing strategies, operational efficiency, and the risks associated with rapid scalingKey Takeaways:Know your balance sheet like the back of your hand—it's the foundation of business health.Trends don’t lie; compare several years of financials to spot what’s really happening in your business.Profit margin matters: track your costs and understand what’s driving your bottom line.Keep cash reserves strong and plan for taxes ahead of time.Don’t rush to scale—set your pricing and margins early to stay profitable as you grow."Again, it’s just about rules. If you can handle a four-function calculator, add, subtract, multiply, and divide. And I will tell you you hardly ever even have to use the divide." — Mark Dolfini Connect with Mark Dolfini: Website: https://strategicboardroom.com/Book: The Time-Wealthy Advantage: http://strategicboardroom.com/NetProfit/LinkedIn: https://www.linkedin.com/in/markdolfini/Facebook: https://www.facebook.com/mark.dolfini/Schedule your free 1:1 Profit Breakthrough Session with Ryan here: https://go.oncehub.com/profitConnect with Ryan Kimler: Net Profit CFO Home Page: www.netprofitcfo.comEmail: [email protected] Facebook: www.facebook.com/rkimlerLinkedIn: www.linkedin.com/in/ryankfinancialclarityllc/LinkedIn NPC Company: https://www.linkedin.com/company/netprofitcfo/LinkedIn FC Company: https://www.linkedin.com/company/financial-clarity-llc/Show notes by Podcastologist Andy SantiagoAudio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.
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