Download - Boost Your Small Business Profitability
How can you get more revenue from them?
What can you upsell to them?
20% Of Your Customers
Bring 80% Of Your Revenue.
Re-brand & Target More Affluent People
The rich spend more. Fact. What do you need to do to your offering to target them?
Find Higher Margin Products / Services
How can you diversify? What additional profitable products / services can you offer?
Negotiate Your Office/Premises Rent
Most landlords would prefer to keep a good tenant. Offer less for a defined period of time.
If you sell products then closely monitor what is selling and drop what is not.
Keep only the minimum amount of stock needed.
Monitor Your Inventory
Monthly Finance Review Check costs .v. revenue each month. An early profit warning can make it easier for you to turnaround the situation.
FOR MORE HELP RUNNING YOUR
SMALL BUSINESS