The Leaky Bucket
Most service businesses are leaking profit — through costs they've stopped questioning, margins they've never properly tested, clients they've quietly lost, and revenue they've never asked for.
The Leaky Bucket is the show where we open a real business file and find out exactly where the money is going.
Each episode, Ian Morgan — Group CEO of MBS Accountants — works live through the finances of a real service business scenario. One company. Four sessions.
Costs, margins, churn, average order value. Every leak identified. Running total revealed.
No theory. No frameworks. Just numbers — and what they tell you when someone actually looks.
If you're running a service business turning over £500k to £10m and your accountant has never shown you this, this show is for you.
The numbers always reveal the leak.
The Leaky Bucket
TOP 7: Plugging the Leaks
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Welcome to Episode 5 of The Leaky Bucket Podcast.
Here I discussed about how secretly struggling
entrepreneurs can plug the leaks in their businesses.
I touched the definition of plugging the leaks, and how it can be a vital step to help the financial health of the business. I'll take you through the step-by-step process that can save both time and money; and why it could make the difference by adding 10% to your bottom line.
We hope you enjoyed this episode
You can find out more about us using the links below
Know your Business Financial Health? Check this Score Card
Ian's LinkedIn Account
The Leaky Bucket Youtube Channel
MBS Accountants Website