Kaizen CPAs + Advisors

A business needs to grow – but no two businesses grow the same way. Welcome to the Blood, Sweat, and Business podcast with Eric Joern and John Chiappetta. We’re two CPAs with dozens of years of combined experience interviewing real owners for the lessons they learned while growing their businesses into the success stories they are today. Learn from the best and have a little fun while you’re doing it. If you’re a small business owner this is one podcast you’re not going to want to miss. Subscribe on Apple Podcasts: https://lnkd.in/gnwPYg8m Or Spotify: https://lnkd.in/gCc7CYQn

If you have a successful business you must have some type of competitive advantage. Understanding how you are different from the rest of your industry is key to your growth. This week on Kaizen Time we go through competitive advantage in detail.

Is price a competitive advantage? Yes. Should it be? No. Profit is good for everyone involved. If you are serious about growing your business don't consider using price as your competitive advantage.

🎉 Exciting news! 🎉 Join us in giving a warm welcome to Gwen Waters, our newest addition to the Kaizen team! 🌟 Gwen brings with her a bachelor's degree in accounting from Georgia Southern University and a keen interest in the automotive industry. We couldn't be more thrilled to have her on board to help our automotive repair shop clients thrive and grow their businesses. 🛠️ Welcome to the team, Gwen! #WelcomeToTheTeam #TeamKaizen #AutomotiveIndustry #BusinessGrowth

Less is often MORE. When you list off your competitive advantages to a client stick to your strengths and keep things simple. That in itself could be a competitive advantage.

Many companies are seeing growth this year, but what number are they measuring that growth by? Changes in labor cost and raw materials may have cut into their margins. This week on Kaizen Time we go into measuring how to REALLY determine a company's growth.

Busy DOESN'T always mean profitable. Just because you have more orders doesn't mean you have the same margins. This week on Kaizen Time we look at the metrics you can use to tell if your business is profitable.

How do you measure the growth of your company? Is it only determined by incoming business? That is a lagging indicator. Consider how long it takes for new prospects to become clients or the gradual loss of customers over time to get a better overall picture of how your business is doing.

A strategic relationship may be just as important as the relationships you have with your clients. These industry connections may open doors that you didn't even know existed and put you on the fast track to business growth!

How to you maintain a strategic relationship? By taking a little bit of time out of your busy schedule to connect. It may sound silly but a lack of communication is a silent killer.