Hosted by Dennis and Greg, this episode of the More ProfitLess Stress Podcast uncovers the five most overlooked mistakes that are draining your business profitability and keeping you stressed. Whether you're a service provider or product seller, these insights will help you avoid thetraps that lead to regret.
What You’ll Learn:
Misunderstanding #1: Pricing Errors - Why pricingbased on competitors without grasping markup vs. margin (e.g., 30% markup ≠ 30% profit) sets you up for failure.
Misunderstanding #2: Bad Leases - Real-life tales,like a $22,000/month lease that tanked a thriving gym, and why contracts are hard to escape.
Misunderstanding #3: Over-Reliance on Accountants -The risks of delegating finances, including theft, and why tax-focused advice misses operational needs.
Misunderstanding #4: Mislaid Financials - How lumpedP&Ls and cash accounting distort your margins, with a case of “12% profit” erased by depreciation.
Misunderstanding #5: High Operating Expenses -Tackling wages, rent, marketing, and franchise fees that eat into your 5% average net profit.
Takeaway:Don’t let these misunderstandings keep you in the danger zone. Tune in for actionable advice to boost profit, reduce stress, and build a sellable business.
Released: August 13, 2025
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Disclaimer: The More Profit Less Stress podcast is providedfor informational and entertainment purposes only. The content, opinions, and views expressed by the hosts, guests, or contributors are their own and do not necessarily reflect those of More Profit Less Stress podcast, its producers, or affiliates. The information shared is not intended as professional financial, legal, tax, or business advice and should not be relied upon for making business decisions. Listeners should consult qualified professionals, such as financial advisors, accountants, or attorneys, for advice tailored to their specific circumstances. More Profit Less Stress Podcast, its hosts, guests, and producers assume no liability for any actions taken or not taken based on the content of this podcast. All content is provided “as is” without warranties of any kind, express or implied, regarding its accuracy, completeness, or applicability. Any reliance on the information provided is at the listener’s own risk.