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Maximizing Growth and Profitability in California's AEC Industry: An Interview with Rocky Lalvani
Welcome back to the Business Roundtable podcast! In this episode, your host, David Carr of Steward Your Business, dives deep into the financial strategies that can help AEC businesses in California thrive. We're excited to introduce our guest, Rocky Lalvani, an expert in profitability and business growth.
In this episode, Rocky shares his invaluable insights on:
Key Takeaways:
Subscribe and leave a five-star review, and share your comments. Your feedback is invaluable to us! If you're interested in being a guest on our podcast, reach out to us.
Listen and Learn: Transform your business with the right financial strategies and expert advice from Rocky Lalvani. Hit play and start your journey towards greater profitability today!
Become a supporter of this podcast: https://www.spreaker.com/podcast/business-roundtable--6049255/support.
Welcome back to the Business Roundtable podcast! In this episode, your host, David Carr of Steward Your Business, dives deep into the financial strategies that can help AEC businesses in California thrive. We're excited to introduce our guest, Rocky Lalvani, an expert in profitability and business growth.
In this episode, Rocky shares his invaluable insights on:
- Understanding AEC Industry Challenges: Identifying and addressing the unique challenges faced by AEC businesses, especially in terms of cash flow and project management.
- The Importance of Financial Management: Learning the key financial concepts such as profit first, budgeting, and strategic planning to ensure business success.
- Practical Advice for Business Owners: Offering actionable steps to improve profitability and financial health, tailored specifically for businesses with revenues between $2-6 million.
Key Takeaways:
- Revenue vs. Profit: Why revenue is vanity, profit is sanity, and cash flow is reality.
- The Profit First Approach: Learn how taking your profit first can transform your business.
- Strategic Planning: The importance of forecasting and having a clear financial plan. Connect with Rocky Lalvani:
- Podcast: Profit Answer Man at https://profitanswerman.libsyn.com/
- Website: [Profit Comes First](https://profitcomesfirst.com/)
- LinkedIn: [Rocky Lalvani](https://www.linkedin.com/in/rocky-lalvani/)
Subscribe and leave a five-star review, and share your comments. Your feedback is invaluable to us! If you're interested in being a guest on our podcast, reach out to us.
Listen and Learn: Transform your business with the right financial strategies and expert advice from Rocky Lalvani. Hit play and start your journey towards greater profitability today!
Become a supporter of this podcast: https://www.spreaker.com/podcast/business-roundtable--6049255/support.