by david@numbercraft.us | Dec 9, 2023 | GUIDES: Increasing Profit
Sales and profit are two very different things – as a business owner, you can find yourself without the cash to pay bills despite making sales you knew were profitable. You may also be startled to discover that strong cash flows from sales deliver little profit. What... by david@numbercraft.us | Dec 8, 2023 | GUIDES: Increasing Profit
It’s important to identify and monitor the key drivers of your small business to boost profitability and cash flow. Boost profitability by recognizing your key drivers Identifying the key drivers of your business is critical to boosting profitability. A key ‘driver’...
by david@numbercraft.us | Dec 7, 2023 | GUIDES: Increasing Profit
Taxes – there’s no avoiding them. But there are ways to reduce the amount you have to pay so that your business is more profitable. All it takes is some preparation, planning, and the advice of a good tax specialist. So, one of the first things you need to do is talk...
by david@numbercraft.us | Dec 6, 2023 | GUIDES: Sales & Marketing Resources
As a small business owner, you’ll want to get positive returns on a limited marketing budget. It’s important to monitor the quantity and quality of advertising in order to be as effective as possible. Choose advertising you can monitor It’s impossible to measure the...
by david@numbercraft.us | Dec 6, 2023 | GUIDES: Increasing Profit
Operating at a loss simply means you’re spending more money than you’re making. And while it’s not uncommon, especially for new businesses, it’s still not an ideal situation and one that shouldn’t be allowed to continue in the long term. Otherwise, eventually you’ll...
