The 6 step profit reset your business needs now

What areas of your business should you review if you want to boost your profit before the end of the year?

In today’s episode, I share six key business audits to help you increase your profit, simplify what’s not working, and finish the year strong.

Shownotes:

  • Review what’s driving revenue and profit in your business.
  • Simplify your offers and messaging to attract the right clients.
  • Audit your visibility and marketing consistency.
  • Check in on your CEO energy and decision making.
  • Review your money habits, spending, and cash flow planning.

Transcript

* Transcript created by AI – may contain errors or omissions from original podcast audio

Last week I spoke about why so many business owners are feeling disconnected or stuck right now. And so in today’s episode, I wanna get practical. I’ll be sharing six areas to assess in your biz if you wanna boost your profit by the end of the year.

Just a quick note before we dive in. Everything I share on this podcast is general in nature and does not take your personal circumstances into account. I’m not a licensed financial advisor and nothing you hear on this podcast should be taken as personalized financial, business, taxation, or investment advice.

Before you make any financial decisions, please seek guidance from your accountant or a qualified licensed financial advisor who understands your specific situation.

I just wanna remind you about the midyear money reset that is coming up this week. It is free to join, and if you’re a business owner who’s been feeling heavy or overwhelmed in business, this is the place to be. It’s happening this week. It’ll be hosted live by me, and we’ll actually be going through how to reset your energy around money and some practical steps so that you can feel reconnected with your money again and have a game plan to help you be bringing in more money ASAP.

The link to join is in the show notes for today’s episode. All right. Let’s dive on in to your midyear profit reset.

Okay, so the first place I want you to start is with your revenue. What was actually generating revenue for you in your business? If you’ve been launching new offers or sharing new packages of how people can work with you, let’s objectively have a look at how they are performing.

What’s working? What’s flopped? Let’s focus on what the real data is actually telling you. And remember, success leaves clues.

All right. Next, let’s take the revenue check and actually dive on in to your profit. So let’s go and have a review of how your business profitability is going. Just because your business is doing well when it comes to sales or revenue, it doesn’t mean that is converting to actual bottom line profit that you get to keep.

So in this review, this is where you want to dive a little deeper. What are the numbers actually telling you? Have you been investing more than you have been growing? Was it strategic? If so, maybe that’s okay. But if things aren’t landing where you want them to be, then even though you’re working harder, you might not have anything left at the end of the month to show for all of that work.

So this is a place where you actually have a look at your offers, at your pricing, and diving on in to that true business profit, analyzing your expenses. If you are unsure of how to actually do this, I’ll be running through it at the midyear money reset.

So make sure that you sign up for that, and I can help you to review your profit in more detail.

The next thing I want you to do is to simplify your offers. One of the biggest mistakes that we can make as passionate entrepreneurs is that we create a ton of different packages, price points, ways that people can work with us. I am so guilty of this myself, so I’m gonna put my hand up and own that one.

But there’s a saying, “A confused mind doesn’t buy.” And actually, the less that you offer, the more likely it is that you will attract and convert your dream clients. So how can you get clearer around what exactly it is that you offer and around the messaging around it? Are you speaking exactly to your dream clients and letting them know exactly how your product or service can help them create the transformation that they are seeking?

If you are online and making a lot of noise, but it doesn’t feel like it’s converting through, chances are you have an offer problem. So dive on in, review your offers, and simplify.

The next thing I want you to do is a visibility audit. So one of the things that I mentioned l- in the last episode of the podcast is the feast and famine of business. And what I see quite often with my clients is that they go through these periods of being really visible, really present, showing up in their marketing consistently, and then they get a ton of new clients, get overwhelmed, stressed, and just completely take the foot off the pedal when it comes to marketing.

So what I would love for you to do is do a bit of a visibility audit. How consistent am I being with emailing my list? Showing up on my social media? Making appearances if that’s a way that you are attracting attention into your business. And then really dive on in and say where are my leads actually coming from?”

Or if you aren’t getting leads coming through , is this attention actually generating the kind of results that I hoped that it would be? Are you creating your content with intention? Or are you just posting for the sake of posting? And something else that I can often see is that if you have been showing up, you’ve been emailing your list or posting on social media and it’s not converting, then sometimes people can go into this, they climb into a hole and they’re like, “What’s the point? I don’t wanna show up. There’s no point emailing my list because no one’s buying anyway.” So it’s a bit of a time now to do an objective review of how your visibility has been.

Audit area number five, your CEO energy check. Let’s be real for a moment. How are you actually feeling at the moment? Are you feeling like you’re burnt out? Are you finding that you’re being quite reactive? Avoiding the tough decisions? Or maybe you’re making fear-based decisions. Now’s a great time to really reflect, “How am I feeling?”

And importantly, “What is leading to me feeling this way?” It’s a great time to hold up a mirror and check if there’s anything you need to be doing differently to be heading into the rest of the year at an elevated CEO energy.

And lastly, but certainly not least, now is a time to audit your money habits. Are you consistently reviewing your numbers? Are you forecasting your sales? Are you being intentional when it comes to your tax and your cash flow forecasting and your planning? Are you spending in line with your budget or are you just reactively spending?

Now’s a great time to check in and say, “Hey, how am I showing up and how is this affecting my performance so far this year?”

If you’re listening to this and thinking, “Geez, I think a mid-year audit is in order for me,” you’re in luck because I’m running a free event this week, as I mentioned. It’s called the Mid-Year Money Reset. It’s absolutely free to join and I’ll be hosting it live, which means that you’ve got plenty of opportunity to ask if you need support with any of these areas. And inside we’ll be going through some live implementation, some practical exercises. It’ll be an opportunity for you to get refocused, excited, and get the momentum happening so that you close out 2026 strong.

I’d love to see you there. The link to join is in the show notes for today’s episode. Hopefully today has got you thinking about doing a mid-year check-in, having a look at how your business is truly performing, and importantly, taking action to turn it around. Thanks so much for tuning in to The Intentional Money Show with Clare Wood.

I hope you have a fabulous week and I’ll chat to you again soon.

* Transcript created by AI – may contain errors or omissions from original podcast audio

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