Episode 220: The 40/35/25 Rule: How to Tell If Your Firm Is Actually Profitable

A firm can run for twenty years without anyone looking closely at profitability. Revenue grows, the team grows, everyone is busy, and the assumption is that it must all be working. Then a big client leaves, or wages climb, and suddenly the only question that matters is where the money actually goes. In this session, Tim Causbrook works through how to answer that properly, one team at a time. Tim is a Wize mentor and the owner of Causbrooks Chartered Accountants, and he opens up the capacity p...