Karena Bell is the Founder and CEO of ProfitLinz, a woman-owned profit optimization and business advisory firm. With over 25 years of experience in enterprise IT, business solutions, and finance, she advises business decision-makers on strategies, optimizing costs and systems, and identifying revenue-generating solutions. Before founding ProfitLinz, Karena was the National Chapter Head and Chief Connector at The Connective, where she assisted in developing the organization’s systems, processes, and policies.
Here’s a glimpse of what you’ll learn:
- Karena Bell discusses her pre-entrepreneurial journey
- The most valuable profit line pillars in an organization
- How to increase profitability by identifying ideal revenue systems
- Processes for identifying and evaluating client profitability
- Defining your ideal clients through value alignment
- What are the barriers to maximizing profitability?
In this episode:
Too often, companies view high top-line revenue as an indicator of profitability and pay less attention to the business’ net profits and profit margins. This occurs when entrepreneurs become too focused on daily operations and disregard process documentation and how they can streamline operations to drive the bottom line. How can you unify revenue streams and profit to grow your business?
According to business solutions developer Karena Bell, organizations have multiple profit lines they can optimize, including supply chain operations, client contracts, and system and process documentation. Clients are a company’s most valuable asset, so you must evaluate your ideal customer portfolio to determine their profitability level and examine and adjust pricing systems according to industry standards. Yet client profitability extends beyond data and requires culture and value alignment to ensure consistency across all additional operations.
On this episode of Systems Simplified, the Founder and CEO of ProfitLinz, Karena Bell, joins Adi Klevit for a discussion about profit optimization. Karena explains how to identify ideal revenue systems and profit lines, the barriers to increasing profitability, and her passion for systems, processes, and cost structures.
Resources mentioned in this episode:
- Adi Klevit on LinkedIn
- Business Success Consulting Group
- Karena Bell on LinkedIn
- Karena Bell’s email: firstname.lastname@example.org
- Customer Profitability Analysis
Sponsor for this episode:
This episode is brought to you by Business Success Consulting Group.
At Business Success Consulting Group, we create custom processes and tailor-made management systems so businesses can thrive.
Businesses simply can’t survive without workable systems and well-documented processes. That’s why our team of experienced professionals takes care of it for you.
So, what are you waiting for? Do yourself a favor, and cut the chaos out of your business.