Small Business Big Money™

233. Why your payroll is growing but your profit isn't

Small Business Big Money™

Show Notes

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Episode Synopsis In this episode, Gina Knox discusses the pitfalls of outsourcing in small businesses, sharing her personal experiences of wasting over $50,000. She emphasizes the importance of understanding the root problems in a business before hiring help and outlines criteria for effective outsourcing. Gina also addresses the emotional challenges of letting go of team members who are not contributing to business growth and highlights the significance of protecting profit in small businesses.

Keywords: small business, outsourcing, financial security, hiring mistakes, profit protection, business coaching, team management, efficiency, emotional decision-making, business growth

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