In this webinar, Micah Brandenburg, president of Legendary Exits, discusses "Closing the Profit Gap" in businesses. He defines a profit gap as the difference between a company's profits and those of best-in-class companies in the same industry. Micah emphasizes the importance of profitability for both financial success and positive social impact. He also shares strategies for measuring and closing profit gaps, including benchmarking against industry standards and optimizing cost of goods sold (COGS). Micah also provides case studies, practical advice on improving utilization rates, pricing, and operating expenses to enhance profitability and business valuation, and so much more.