business development strategies - how to enjoy an instant 50%-200% net profit increase

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You’re seeing the 6th Red HOT Marketing Strategy to Rocket Your Profits Tim Stokes

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http://profittrans4mations.com/book7 visit this URL to learn more about this and 6 other business development strategies as part of your business management training. http://profittrans4mations.com - This video is on a business development strategy. Visit the website to get free business development training from a top international trainer for free. Visit http://profittrans4mations.com/book7 - for a free business development strategies book. LIKE - http://facebook.com/Iwantbusinesscertainty CONNECT - http://www.linkedin.com/in/number1businesscoach SUBSCRIBE! There are hundreds of business development strategies, than when applied through expert guidance will rapidly increase the profits of any business. 80% of our business development strategies are not lead generation so that means there’s no implementation cost. More videos can be found on the https://www.youtube.com/user/BusinessFreedom7 - our YouTube channel. The strategies of business development include: selling, marketing, team building, systems, business growth planning, cost reduction and more. If you have any questions or comments just ask as the comments are monitored and replied to promptly. To unlock the profit potential in your small to medium sized business register for a free online business development training webinar from this URL… http://profittrans4mations.com/book7 You’ll then be on the Invitation List for upcoming online training meetings. TAGS: business development strategies, business development strategy, business development, business development services, small business development, business development program, business development company, business development training, business development tips, Tim Stokes, business development consultancy, stages of business development, business development solutions, business development course, stages of business development, online business development, business developers

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Page 1: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

You’re seeing the 6th Red HOT Marketing Strategy to Rocket

Your Profits

Tim Stokes

Page 2: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

This video is on…How to Enjoy an Instant 50% to

200% Net Profit Increase!

Page 3: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

What’s more important, to increase your turnover or profit?

Page 4: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

Probably every business owner would say profit, but their

actions don’t agree

Page 5: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

Let’s do a simple test to see what I mean

Page 6: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

Which of these businesses would you prefer to own…

Page 7: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

Annual Sales - $1,000,000No. of staff - 10

Net Profit - $50,000

Annual Sales - $500,000No. of staff 5

Net Profit $75,000

Business 1

Business 2

Page 8: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

In other words, would you like to have 5 less staff to manage, and

have $25,000 more Profit?

Page 9: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

I‘ll go over the answers soon, but there’s one more question I want to ask you, before I make a very

powerful point

Page 10: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

If your Annual Sales were $1,000,000 & Net Profit was

$50,000, how would you feel if Sales reduced to $800,000, but

your Net Profit went up to $100,000?

Page 11: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

This is an extremely important and relevant question!

Page 12: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

If your answer before was Business 2, that you’d prefer the $500,000 Annual Sales business,

with $25,000 more Profit and with 5 less staff…

Page 13: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

There’s an easy way to achieve a similar outcome in your business, if your business is in a service or

manufacturing industry, with Annual Sales of $500,000 or more.

Page 14: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

This strategy only really works for a service or manufacturing

industry business, with Annual Sales of $500,000 or more.

Page 15: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

You can still use the strategy I’m going to show you if your

business is smaller, but there are other variables to consider.

Page 16: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

The strategy to create much BIGGER Profits is…

Page 17: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

Raise your prices by 10%!

Page 18: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

95% of business owners worry about the downside, a “potential”

drop of Sales, instead of understanding the up side – the

massive profit increase!

Page 19: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

To take the emotion out of it, let’s look at the facts…

Page 20: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

If Annual Sales are $1,000,000 & Net Profit $50,000, when you

raise prices by 10%, the Annual Sales will also increase by 10%

Page 21: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

That’s because you have the same number of customers

spending 10% more

Page 22: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

That’s assuming you don’t lose any customers, and we’ll look at

that scenario soon

Page 23: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

The 10% price rise means there’s a $100,000 increase in Sales but that increase is 100% PROFIT -

because there’s no cost involved!

Page 24: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

Add that $100,000 to the initial profit of $50,000 & its now

tripled! Its increased to $150,000!

Page 25: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

If you lost 20% of the Annual Sales after the price rise, the new yearly figure would be $900,000

Page 26: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

The original Net Profit was $50,000 on $1,000,000, or 5%.

With the reduced Annual Sales it would be 5% of $900,000 or

$45,000

Page 27: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

That’s $145,000 Net Profit based on the original $50,00, (with the $100,000 increase from the price

rise)

Page 28: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

Its still nearly triple the profit, if we assume there is a 20% drop

in sales from the price rise.

Page 29: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

What if there’s no loss of sales?

For over 20 years I’ve measured before and after price rises of

10% to 40%, to get the FACTS!

Page 30: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

You’d be shocked to hear the FACTS of measuring with 500+

businesses, before & after a price rise

Page 31: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

90% rarely lost any customers, & not 1 service or manufacturing

business lost any profit

Page 32: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

I’m going to talk more about completely avoiding all risk of a

profit loss after raising your prices in video 7

Page 33: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

The majority of business owners don’t understand business

numbers, & are seriously missing out on HUGE Profit benefits

because of it

Page 34: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

If you’d like to turn ignorance into profit, to understand business &

numbers more, you can learn more for free in an upcoming free

online training meeting

Page 35: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

For a limited time I’m giving away a copy of my book that will

explain more than this video…

Page 36: Business Development Strategies - How to Enjoy an Instant 50%-200% Net Profit Increase

Grab it with Your Name & EmailYou’ll instantly get my book, plus be on

the ‘Invitation List’ to my next Profit Strategies online training meeting.

Act Now, grab the book & start increasing your profits today!