Episode 198: Is Your Firm Leaking Money Without Knowing It?

About this episode

In this episode, Thomas discusses how to identify and address financial inefficiencies in your firm using key metrics.

Avoid the mistake of collecting timesheet data and doing nothing with it, or you will keep running a firm that feels busy but cannot tell you whether it is actually profitable. In this episode of The Wize Way Podcast, Thomas breaks down the metrics that sit beneath your Fab Five and shows you how to use them to diagnose exactly where your firm is leaking money. ✅ What recoverable rate actually means, and why it is becoming the most important KPI in your firm ✅ The difference between tra...

People in this episode

Host: Thomas

Topics covered

• firm profitability
• timesheet data
• financial metrics
• KPI
• business management

Keywords

• recoverable rate
• Fab Five
• leaking money
• KPI
• profitability

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