Finding Hidden Profit – How to Identify and Fix Profit Leaks in Your Business

Jul
23
2026
Thu, Jul 23 6:00 PM to 7:00 PM
Topic: Cash Flow Management

Many business owners focus on increasing sales, but more revenue doesn’t always mean more profit. In this practical, hands-on training, you’ll learn how to uncover the hidden “profit leaks” that may be quietly draining your bottom line, and how to fix them.

This workshop walks participants through the fundamentals of profit and how to read their profit and loss statement (P&L) to better understand where money is made and lost. You’ll then dive into common areas where businesses lose profitability, including labor inefficiencies, pricing strategies, unpaid or under-collected revenue, inventory issues, and even the impact of unprofitable customers.

Throughout the session, attendees will engage in real-world exercises to evaluate their own business, identify their biggest cost drivers, and pinpoint opportunities for improvement. The training emphasizes practical, actionable strategies such as improving systems, adjusting pricing, strengthening processes, and leveraging technology to increase efficiency and return on investment.

By the end of this session, participants will walk away with a clear understanding of where to start, how to prioritize improvements, and how small changes can lead to meaningful increases in profitability.

What You’ll Learn:

  • How to identify and analyze profit leaks using your P&L
  • The most common areas where businesses lose money (labor, pricing, revenue collection, inventory, and more)
  • How to evaluate customers, pricing strategies, and operational efficiency
  • Simple, actionable steps to improve profitability without increasing sales
  • How to create a clear action plan to start improving your business immediately

We would enjoy having you join us in person for this training but if attending in person is not possible, we welcome you to join us virtually via zoom. To access the webinar, please click "Webinar Signin" below. Please note that you will need to register upon accessing the webinar. Please register using the same name you used when registering for the training.

In Person Training Location: Ugly Mug Marketing Office | 325 Desoto St. | Alexandria, La If you need help locating the office, please contact Britni at 318-787-3873.

Webinar Signin

Speaker(s): Clarke Woods, Business Consultant Velocity Small Business Solutions Britni Lilley, Business Consultant Louisiana Small Business Development Center

Co-Sponsor(s): Louisiana Small Business Development Center United States Small Business Administration Louisiana Economic Development


Fee: No Cost

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Location

Ugly Mug Marketing
and Zoom
325 Desoto Street Alexandria, La
325 Desoto Street
Alexandria, La