Optimizing Profit Margins: Cash Flow Challenges and Solutions with Carla Titus
Are you struggling to keep your law firm profitable as you scale?
Join Moshe Amsel and Carla Titus, founder and CEO of Wealth and Worth Within, as they share expert insights and strategies for improving profitability and cash flow in law firms. Moshe and Carla dive deep into the factors affecting profit margins, the importance of strategic financial planning, and the role of technology and efficiency in scaling your law firm business. They also highlight common pitfalls for law firms, from poor cash flow management to inadequate support teams, and how to solve them.
Listen now to uncover the secrets to achieving higher profitability and sustainable growth for your legal practice!
Episode Highlights
[00:00] Introduction to Carla Titus
[04:27] Tackling the Biggest Challenges Clients Face
[09:52] Fixing the Cash Flow Crunch: Smart Borrowing and Long-Term Solutions for Business Growth
[24:05] What’s Considered a Healthy Profit Margin?
[32:39] Knowing Your Numbers: Tools and Insights for Financial Clarity
[38:45] Carla’s Parting Piece of Advice
Resources
Take the Law Firm Growth Assessment and find out how you rate as a law firm owner!
Check out our Profit with Law YouTube channel!
Learn more about the Profit with Law Elite Coaching Program here
Triple Your Revenue And Double Your Profit In 12 Months Training
Connect with Carla Tutis: Facebook | Instagram | LinkedIn | Personal LinkedIn | TikTok
Fathom: https://www.fathomhq.com/
Sift: https://www.siftlab.com/analytics
Clio: https://www.clio.com/
About Carla Titus
Carla is the founder and CEO of Wealth & Worth Within. She is a finance expert with over 17 years of combined corporate financial planning, analysis, strategy, and online businesses experience. She provides fractional CFO services and financial consulting to business owners looking to grow their business profitably. Her priorities for her clients are to help them grow profits, have cash in the bank, and pay themselves well so they can build personal wealth
Connect with Carla Titus on her Website. You can also follow her on Facebook, Instagram, LinkedIn, Personal LinkedIn} and TikTok.
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Author
Moshe Amsel
Author
Moshe Amsel the host of the Profit with Law podcast is not an attorney. As the owner of a successful accounting firm DreamBuilder Financial and Law Firm Growth coaching organization Profit with Law, Moshe has proven that there are better and different ways for a law firm to do business and be successful.
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