In the last issue, we spoke about the different ways of increasing your business profitability, with four options. While sales increased “only” 80%, Net Profit increased fourfold and Net Margin more than doubled. Remember, Net Margin is the only real focal point for your small business. Lack of cash flow is the symptom of […]
Cost of Sales
How to Double Your Profits and Save Your Life – Part 1
Cash flow is the only real focal point for your small business. It’s a mistake to focus on sales volume because it’s not what you make that is important, it’s what you keep. What you keep is what fuels the next cycle of purchases and operating costs that sells more and ensures you can handle […]