RESACON 2021: Staging Finance 101 - Rob Mann
RESA MEMBERS PAY $75- Log in to the Members Only Resource Area to get your coupon code!
So you heard you can make $100,000 staging – what does that really mean?
IN THIS SESSION, YOU’LL LEARN:
“Revenue” is not profit.
The mix of your business directly impacts profitability; Stages generate revenue and have lots of costs. Consults generate revenue without much associated costs.
Properly pricing your stages will determine your profitability and your ability to have a sustainable business.
The business model you choose will impact your cost structure; warehouse and owned inventory vs. rented inventory.
Where you are in your life cycle also has a big impact; Growth- investing to grow your capacity (and future revenue). Sustaining- keeping capacity steady (reducing inventory spend). Harvest- stopping purchases/ milking profit from existing inventory.
*This is a digital product. Upon purchase, you will receive be emailed a PDF with how to access this session as well as any handouts from the speaker that goes with this session*