“Profit Solved”3 Steps to Success

Focus

Use

Monitor

FocusProfit Centers

A Profit Center is a basic small business function or set of activities when done with more efficiency or effectiveness leads to increased profitability.

For example, if you can produce more sales by streamlining your sales steps to take less time and produce even more results, your Marketing Profit Center then becomes more profitable - Profit Solved!

UseProfit Plans

A Profit Plan simply states a goal for a Profit Center.

It lists the basic action steps required to meet that goal.

For each action step a start and finish date is set and key resources and costs are noted.

A good place to start when you develop a Profit Plan is with a blank piece of paper.

This just means start as though you had no current plan.

Develop your plan from an ideal point of view with a fresh approach and, maybe, with a little out of the box thinking.

Make sure you are willing to implement the plan - Profit Solved!

MonitorProfit Results

The most critical of the 3 steps to success to be able to say "Profit Solved" is monitoring results and making any necessary adjustments.

Good reporting procedures are needed to know what's happening with your Profit Plans for each Profit Center you're focused on.

This is the step that closes circle of the Profit Solved cycle.

If a Profit Plan is not working: refocus the Profit Center and revise the Profit Pan and resume monitoring.

Profit is the benchmark of small business success.

It always feels great to have solved a problem.

Practice the 3 steps to success so you can say - Profit Solved!

“Profit Solved”www.profitpuzzle.com