4 Magic Steps to Double Profit
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內容簡介
Whether you are starting a business, relaunching or simply wanting to drive continual improvement, the first step is to always believe that you can do better. Stay vigilant, and continually assess how to improve or eliminate processes using new technology, AI and social media. For example, who would have imagined that the verb 'to Zoom' would be part of everyday language around the world? Continually look to improve your relationship with your customers and remember that they are changing too.
This second edition of 4 Magic Steps to Double Profit still uses a story to demonstrate the fundamentals of improving profit and cashflow. By keeping the message simple and clear it picks through the complex and sensitive business issues you will encounterand difficult decisions you need to make. It is now updated to reflect the rapidly changing times we live in, and the ways customers are changing too.
We show how you could double your profit by putting up your prices by as little as 5% or by 30%+ by increasing sales by 5%. Test out the 35 Action points see how they can improve your business or indeed use the checklists to act aa a template for your actions.
4 Magic Steps shows how to develop and maintain a successful business that your customers will love.-
Target (what does the end result look like, how will you enhance your customers)Plan (how will you do it)Selling Price (learn that increasing your sales price by 5% could double your profit)Market research (What do your customers want, how will your competitors react to your success)Increase Sales (Can a 5% increase in items sold increase your profit by 30%+? Yes it can1!))Control costs and specifications (see how easily a profitable business slumps into losses) Ban Fixed costs (Fixed costs and Time are like malware - they ruin businesses)Management Information (See why MI should be simple, useful, informative and inspirational)
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