ROI (Return on Investment) for Small Business Owners | Equipment – Advertising – Employees

What is the ROI on that business purchase? How about the advertising campaign you are about to start? What's the ROI on that employee you are about to hire? Small business owners are making decisions every single day on how to spend their business cash and today we will discuss ensuring your cash has a return on investment & it turns into more profits! KEY MOMENTS IN THE VIDEO: 00:00 ROI – Return on Investment for Small Business Owners 00:29 What is ROI 01:22 ROI for Small Business Owners & 2 Key Things to Remember 02:58 The Calculation 03:46 Example #1 – Purchasing Equipment 06:14 Example #2 – A Bad Purchase 07:28 Example #3 – Advertising Money Spent 09:11 Important Questions to Ask 10:06 Example #4 – Hiring an Employee ----------------------------- Want more? Here are some other videos to help…  Pricing Your Products Correctly – https://youtu.be/AQ_mUb1E9MQ  Pricing Your Services Correctly - https://youtu.be/doAKxyRa4pM  How to Read a Profit & Loss Statement - https://youtu.be/jFgqMVmXbx4 ----------------------------- Ready to Just Dive in Deeper & Learn More About Your Numbers? Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com ----------------------------- PLAYLISTS TO CHECK OUT:  PLAYLIST: Learn How to Read Your Profit & Loss Income Statement: https://www.youtube.com/playlist?list=PLkSR9dYanvV1YssoiyqLBUlgxYy2hYADj  PLAYLIST: Pricing Your Products & Services https://www.youtube.com/watch?v=X89AFodPA3U&list=PLkSR9dYanvV0yWIzfFldB1sGx7Dfmn3Do3  PLAYLIST: Learning Your Business Numbers Better: https://www.youtube.com/playlist?list=PLkSR9dYanvV1tPjNcLppOPDDBn6i4Sdzw ----------------------------- BABO Learning: TIPS for RUNNING A PROFITABLE SMALL BUSINESS WEBSITE: http://babolearning.com ----------------------------- FREE GUIDES / TOOLS  FREE eGuide: 8 Steps to Earning $100,000 in Income in your small business - http://bit.ly/8Steps100k  FREE eGuide: How to Read a Profit & Loss Statement - https://bit.ly/ReadPL  FREE Start Up Guide for Starting a Business - https://bit.ly/BusinessStartUpGuide  Free Business Health Check: https://bit.ly/BABOHealthCheck  Free eBook: 10 Questions to Ask in Your Business https://bit.ly/10QuestionsBiz ----------------------------- COURSES to HELP YOU  Understanding Your Business Numbers - http://KnowYourBusinessNumbersCourse.com  Start a Local Small Business – http://StartASmallBusinessCourse.com ----------------------------- **AFFILIATE LINKS: I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, money or help make your business better ** Don’t forget to get your Badass Business Owner Merch - https://badass-business-owners.myspreadshop.com ---------------------------- Local Small Business Owners are the Backbone of All of Our Communities! The Badass Business Owner YouTube Channel is for Small Business Owners who are tired of living job to job but want to grow their business income & their personal income. In each video, we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams. Learn more about pricing correctly, your business numbers & your profit and loss income statement WHO IS THIS FOR: small business owners who serve their local community, local small business owners, service based business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, carpet cleaners, window cleaners, ice cream shops, QSRs, restaurant owners, mechanics, plumbers, electricians, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, pet business owners, cake makers & those looking to increase profits, boost sales, improve processes and develop stronger teams. Entrepreneurs who want to make more money. Those who want to know their business numbers better! #BABOLearning #KnowYourBusinessNumbers #BadassBusinessOwner

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