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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.

Feb 14, 2019

In episode 130 of Financially Simple, Justin wraps up this series on Best in Class Finance with a look at the 5x5x5 method.

A simple strategy, but difficult to execute - however, if you can manage it you’ll see exponential gains to the value of your business. Justin explains the 5x5x5 Business Value Growth strategy, and how it can be done.

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BLOG/TRANSCRIPTION: https://financiallysimple.com/the-5x5x5-growth-technique-a-small-tip-that-translates-to-big-gains/

TIME INDEX:

00:58 - 5x5x5 for Business Value Growth

01:46 - 5% Increase in Revenue

03:11 - 5% Decrease in SG & A

06:43 - 5% Margin Increase

08:11 - Strategic Planning

12:43 - Wrapping Up

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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.