
Transcribed
How To Make ANY Business More Profitable
HOW TO MAKE ANY BUSINESS MORE PROFITABLE Increase Profits Profit = Revenue - Cost Offer A New Product Or Service Increase Revenue Lower Costs Worker Costs Product Costs Convert New Customen Convert Repeat Customers Raise Price Other Operating Costs Restructuring Lower Wages Work More Advertsing Hours Build An Audience Improve Customer Service Referals Improve The Product Lower Manufacturing Costs Lower Distribution Costs Build More Target Higher Value Customens Authority (Branding) Physical Quality Features Usability
How To Make ANY Business More Profitable
shared by dave.schneider3 on Apr 30
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this flow chart takes any ordinary business and shows you the exact steps to make it more profitable by breaking it into the individual components that make up its revenue and costs
Source
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