To be successful in business you have to wear many hats...
Sue Gallagher
Build a Business That Works so YOU don’t have to: Master the 5 Levels of Ownership, the 9-Step P.R.O.F.I.T. Roadmap, and the 3 Pillars of Success. I'm here to guide and support YOU every step of the way...
Often when we go into business we're not aware of just how many or which ones we need to prioritise...
There's Marketing, Sales, Social Media, Bookkeeping, Recruitment, Training, Cashflow, Risk Tolerance, Financing, Admin, Leadership, Delegation, Communication Skils, Customer Service to name a few...
In my opinion, there are two that are absolutely business-critical...
#profits and #cash
Today I'm going to focus on #profits
In today's challenging times, #profit has to be a top priority for all businesses...
Do you know the profit margins on all your products and services?
When was the last time you adjusted your prices to keep your profit in line with today's costs?
Your sales less your cost of sale gives you your gross profit...
What's left drops into your profit bucket...
Your profit bucket will be leaking your money by paying your overheads...
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What drops out of the bottom is then your #profit
This is then available for you to reward yourself for having the courage to have a business that offers fantastic opportunities for you, your customers/clients, your team...
#profit is what will give you, the business owner the lifestyle that you want the other component is of course time but that's a topic for another day...
So, how do you get more #profit from your business?
Where do I start ??
I'm going to make it really simple... I like simple ??
I'm going to invite you to invest 1 hour of your time and join me in a live interactive online workshop...
Where you will discover 'The Proven 9 Step RoadMap to Increase Profits by up to 195% in Just 6 Weeks' simple steps that you will be able to implement in your business immediately...
Simply book your place and watch your #profits grow...
Founder & Managing Partner-THINKSTART: Client Re engagement - Social Media Marketing - SEO & PPC - Website - Your Luck Quake Marketing Partner
9 个月Great article Sue. ??
Supporting Law Firms Owners to Increase Profits by ￡50,000 in 6 Months, Transform their Firms into Highly Profitable & Valuable Businesses, & Prepare for Succession/ Exit using the P.R.O.F.I.T System.
9 个月A problem many business owners haver is that they dont know what their profit is until the end of the year when they've received the information from their accountant. They should be measuring profit per job/ piece of work/month etc so adjustments can be made and improvements gained asap. Great article Sue.