Increased Profit: The Club Shoppe (Pt. 1)
When Tim and Natasha Roberts bought their business, they set themselves a few goals that they thought were reasonable.
First, they wanted to make the business profitable, and to increase turnover by 50% and profit by 70%. To put this in perspective, they thought that if they could make a total profit of $150,000, they’d be more than happy.
They also wanted to pay $150,000 off their business loan and to be in a position to hire a new team member.
Of course, they also set themselves some personal goals such as being able to spend more time with the family, to earn enough to landscape the backyard, and to get focus and direction back into their lives.
So how did they feel on purchasing the business?