Here’s a glimpse of what you’ll learn:
- [3:24] The difference between scaling and growing a business
- [7:47] Strategies for generating growth through business-generated cash flow
- [12:01] How to drive business profitability
- [17:12] The 16 business levers for analyzing and improving profitability
- [20:47] Aligning employee metrics with profitability to eliminate profit leaks
- [24:50] Rocky Lalvani explains the role of systems and processes in creating efficiency and profitability
- [29:52] How business owners can estimate lost income from poor systems
In this episode:
Many business owners are great at delivering their product or service, but when it comes to managing profitability and cash flow, they’re often flying blind. They may experience growth, but money still feels tight, and financial clarity remains elusive. How can leaders build systems that ensure sustainable growth and healthy profits?
Profitability and cash flow expert Rocky Lalvani explains that overlooked financial systems can cause hidden inefficiencies and missed opportunities. Using a structured approach — like the Profit First system — can help owners allocate funds, manage expenses, and prioritize profitability from the start. Additionally, entrepreneurs can analyze their financial health in areas including revenue generation, profitability, and cash flow. By aligning employee metrics with profitability, optimizing pricing, and building scalable processes, business owners can enhance these areas.
In this episode of Systems Simplified, Adi Klevit sits down with Rocky Lalvani, the Founder and CFO of Profit Comes First, to discuss building systems that boost profitability. Rocky shares the difference between scaling and growing, why many businesses grow themselves into cash crises, and how to embed a profit-minded culture throughout an organization.
Check out the full episode here: https://bizsuccesscg.com/scaling-with-purpose-profit-first-systems-and-processes-with-rocky-lalvani/