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Financially Simple Bizcast


The Financially Simple podcast is your one-stop resource for small business owners. Gain unique insights into growing, refining, and selling businesses. You will hear ways business owners have reduced their tax liabilities, increased their income, improved office morale, saved for the retirement of their dreams, and more.
Host Justin Goodbread is a serial entrepreneur, award-winning CFP® (Certified Financial Planning professional), CEPA® (Certified Exit Planning Advisor), and CVGA® (Certified Value Growth Advisor) with years of experience guiding business owners from start to exit in their business.

Dec 10, 2018

In episode 115 of Financially Simple, Justin looks at the Top 3 Operational Problems.

If the Operational Systems and Management in your Business are not working to add value and growth to the company, you need to start looking for the cause of the problems. Justin goes over the process of finding out the root causes for Operational Problems, and what those problems can ultimately be.

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BLOG/TRANSCRIPTION: https://financiallysimple.com/3-operational-issues-that-weaken-your-businesss-infrastructure/

 

TIME INDEX:

00:27 - The Top 3 Operational Problems

01:51 - The Salmon Run

04:51 - Operational Problems

06:08 - Tracking Back the Failures

08:53 - Finding the Source

09:52 - Challenge the “Why”

10:20 - The 3 Problems

10:29 - Inefficient Throughput

11:27 - Excess Capacity

12:58 - Inconsistent Execution

15:33 - Closing

 

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DISCLAIMER:

Neither Financially Simple, LLC nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Justin Goodbread, CEO of Heritage Investors, LLC, a Registered Investment Advisor, is an Investment Advisor Representative who offers advisory services through Heritage Investors. The information contained within the podcast is for informational purposes only and not considered investment advice. Seek help from a competent Financial Advisor.