This is a great question that needs a quality answer because it hugely effects the profit and cash levels of yours and every business. The answer also will provide you with a very important goal too. Before answering what is a good net profit margin, another question needs to be asked – is it the…
Cash-flow & Profit Margins
Are You Using all 3 Ways to Improve the Cash Flow in Business?
Lack of cash is the number one challenge (and cause of stress) for business owners. Cash funds business growth, pays for advertising, extra employee wages (to free up your own time), and your salary. The good news is that there are dozens of effective, fast acting strategies to boost the cash in your business bank…
How to Make More Profit in Business – Case Study
Increasing profit – without increasing sales, revenue or even leads – is very different to increasing revenue. There’s a different MINDSET that is required to increase profit. Think “Profit MARGIN”, which is the percentage of profit a business has. To increase the profit margin of a business the revenue doesn’t need to increase, and in…
