Lori's Vignette's - Blog

This question applies to all business owners from the solo attorney or large firm practitioner, to professionals in other fields, and business owners large and small. While most people would enjoy making more money, that won’t necessarily make you more profitable. Your business model and legal structure, cashflow, budgets, expenses and taxes, and other factors impact your business and your profitability. Recently, Vince Callaghan spoke to a group of professionals at a Profitability Bootcamp Breakfast that I hosted and organized. Vince’s comments resonated with the attendees, so I thought I’d share his thoughts with those of you who couldn’t be present. Read on to learn the 8 steps every successful business owner must take to be profitable long term.