Category Archives: Improve Profit

Looking to grow your business and drive higher profits? This article by Guest Writer Steven McMeechan sets out 7 simple but powerful methods to achieve both business growth and profit this year. Business growth doesn’t happen overnight. It’s an ongoing process which requires continuous planning and management. For any business owner, expanding and growing a…

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This post is a summary of a video workshop presented to our coaching club members where we take a detailed look at how you can increase profits and maximize the sale value of a fitness training or personal training business. In the workshop we look at a case study where a member business developed a…

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The way to improve profits could turn out to be easier than you think. Check out the tips on this video. • Look at the size of your customer, how often they visit and how much they spend. • See small changes to these factors can result in improved profits • Now see how you…

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Of course, you want to improve your profits but if you don’t know how to do it then this video could get you started on the right track. • Define what winning and success should mean for your team members • Give your team a target to aim at in order to help them focus…

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Working out the price you should charge for your products and services is actually one of the trickiest decisions you need to make as a business owner. Price too high and you could lose sales. Price too low and you will lose profit and possibly even go out of business! The right price is somewhere…

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Why Is Customer Lifetime Value Important To Your Small Business? One of the key numbers you need to understand when developing a sales and marketing plan for your small business is the lifetime value of your customers. This is the number that the most successful business owners track to laser target their marketing strategies as…

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With the globalisation of the business world, it is now easier than ever to find staff to perform virtual roles within your small business to help improve your productivity and free up time spent on day to day tasks to better focus on the strategic direction of your business. Virtual assistants can be used to…

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If you can increase your average sale value you will significantly improve profit in your business. You’ve put a lot of time and money into getting that customer in to your business in the first place, so why not leverage the return on that investment where you can? Let’s look at four ways to increase…

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