The Hidden Profit Leaks in Your Business

Most small business owners are unknowingly leaving money on the table. According to recent data, small businesses aim for 10-20% profit margins, but many operate far below this threshold. Here are the 5 most common profit leaks I see:

• Underpricing services (this kills 60% of potential profits)

• Inefficient expense management

• Poor cash flow timing

• Focusing on low-margin customers

• Lack of systematic financial tracking

Which one resonates most with your current situation?