What Drives the Profitability of Your Business?

What Drives the Profitability of Your Business?

Chad Barr Chad Barr

Chad Barr

Cyber strategist |Author | Speaker | Consultant

发布日期: 2021年12月3日
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Let me ask you a question: do you know how profitable your business is? But perhaps the more important question is: do you know what drives the profitability of your business? Let me suggest the following 21 items that are sure drive more profits to your business as well as increase your awareness as to what drives them:?

  1. Top line growth
  2. Increasing your fees
  3. Controlling and reducing expenses
  4. Paying attention to your financials
  5. Automating recurring activities
  6. Leveraging technology for increased awareness, client attraction and engagement and trust
  7. Eliminating wasteful activities
  8. Eradicating interruptions and distractions
  9. Focusing on your clients’ success
  10. Attracting the right clients
  11. Not leaving money on the table
  12. Investing in your team
  13. Client referrals, testimonials and case studies demonstrating proven track record of success
  14. Creating strategic alliances
  15. Reinventing yourself often
  16. Educating your clients of the various ways you can help them
  17. Evading the shiny objects
  18. Designing and executing your marketing plan
  19. Identifying your bold goals and your action plan to achieve them
  20. Creating, following, and measuring your strategy
  21. Taking massive action

I am interested to hear what other items you know drive profitability to your business. Let me conclude by asking you: which are the ones you are currently engaged in, and which are the ones you should further embrace?

https://www.thechadbarrgroup.com/what-drives-the-profitability-of-your-business/

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领英推荐

Chad Barr is an Internet marketing strategist with over 30 years of experience growing businesses through technology innovation. He helps his global clients create their digital empires and leverage the power of the web to dramatically transform their business success. His firm,?The Chad Barr Group, is recognized as one of the leading strategic Internet development organization in the world.

Get your copy of my latest new books available now on my?Amazon’s author page.

How do most thriving entrepreneurs achieve web presence success? Get?The Bridge to Web Success?eBook & find out.?



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