257. Overpaying & Undercharging: How To Wreck A Coaching Business By Not Understanding Profit Margins

The nightmare situation as an online coach is to scale your company, hire assistant coaches and a staff, have your staff make more money than you, and you become a minimum wage entrepreneur with all the stress and risk that comes with owning your own business. We don't want that to be you so today's episode is all about profit margins, common mistakes we see within IFCA and the industry, and how to make sure you pay employees fairly while having healthy margins.

 

Time Stamps:

 

(0:10) Profit Margins

(1:30) Common Mistakes

(4:20) Undercharging for Your Service

(9:00) Paying Employees and Healthy Margins

(10:06) Gross vs Net Profit

(15:30) Raising Your Prices

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Winners Announced Monthly on The Episode.

 

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Check out the 100's of Success Stories of Coaches just like You - https://www.impactfitnesscoachingacademy.com/Apply1 

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Join Us at the 3rd Annual Fit Biz Conference to learn from the Top Fitness Entrepreneurs & Coaches How To Start, Grow, and Scale a Wildly Profitable Fitness Coaching Business! 

 

January 7-8, in Scottdale, Az + Virtual Tickets are NOW AVAILABLE! 

 

Early-Bird Pricing Now Available! 

 

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FREE Content & Copywriting MINI course with our TOP 10 Organic post templates. 

 

Giving you the exact templates and also teaching you the WHY behind IFCA’s  copywriting magic!



https://www.impactfitnesscoachingacademy.com/OrganicFitnessPosts

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FREE Content Planner with hundreds of content prompts and headlines

 

 https://ifca.kartra.com/page/ContentCalendar

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Make sure to follow the IFCA Instagram Page for daily content to help you: 

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