If you’re working harder than ever but still struggling to see any real profit, chances are your business is bleeding money in ways you don’t even realise. Most business owners don’t fail because they aren’t skilled at what they do—it’s because they unknowingly sabotage their own financial success.
Today, I’m exposing three of the biggest profit killers that are draining your cash flow right now—and more importantly, how you can fix them starting tomorrow.
Profit Killer #1: Undercharging for Your Services
One of the biggest mistakes business owners make is setting prices based on what they think customers will pay, instead of what their business actually needs.
Too often, people price themselves as “the cheapest option” to win work—only to end up exhausted, overwhelmed, and barely covering costs.
How to Fix It by Tomorrow:
- Recalculate your pricing—factor in all costs (including your time, overhead, and future growth).
- Stop assuming “cheaper” wins. Instead, compete on value, not price—your experience, reliability, and quality are worth more than a race to the bottom.
- Run a quick check: If you’re working at full capacity but still struggling, your pricing model is broken.
Profit Killer #2: Spending Without a Plan
Ever looked at your bank account and wondered, “Where did all the money go?”
That’s what happens when money isn’t allocated with purpose. Without a clear financial system, most businesses end up spending whatever is available—leaving little (or nothing) left over at the end of the month.
How to Fix It by Tomorrow:
- Create clear spending categories—business expenses, savings, taxes, and your own paycheck. If money is mixed together, it’s way too easy to overspend.
- Pay yourself first. Too many business owners put their own income last—this is why they’re stuck in survival mode. Start setting aside a fixed percentage for yourself immediately.
- Cut unnecessary expenses. Review your last 3 months of transactions and highlight anything that isn’t actively helping you grow or operate efficiently.
Profit Killer #3: Ignoring Cash Flow
Sales and revenue do not automatically mean profit.
Many businesses look great on paper—bringing in high sales—but still struggle to pay bills because cash flow isn’t managed properly. Delayed invoices, late payments, and unexpected expenses can cripple even a high-earning business.
How to Fix It by Tomorrow:
- Invoice immediately. Stop waiting until the end of the month to send invoices—set up automatic reminders to get paid on time.
- Separate short-term cash from long-term funds. If all your money sits in one account, you’ll always feel like you have more than you actually do. Keep an emergency fund for unexpected expenses.
- Plan ahead. Instead of guessing if you’ll have enough next month, map out your expected income and expenses weekly.
How The Profit Generator School Helps You Fix These Issues for Good
If these problems sound familiar, you’re not alone—but you don’t have to figure it out on your own.
🔥 The Profit Generator School is an online membership designed for business owners who want a clear, structured way to build financial success.
Inside, you’ll get:
✅ Access to step-by-step video training on business financial management, pricing strategies, and cash flow mastery.
✅ Workbooks and templates to implement what you learn in real time.
✅ Small group weekly coaching calls where we tackle your challenges together.
✅ A private community of like-minded business owners for support, advice, and accountability.
✅ Live discussions and goal-setting sessions to keep you on track and make sure you take action.
This isn’t just theory—it’s practical, hands-on business coaching with a real community to keep you accountable.
🚀 Doors close Tuesday 18th February 2025, 6pm—don’t miss your chance to take control of your business finances once and for all.
👉 Sign up here: https://ngraccounting.com.au/profit-generator-school/
