How to Create a Profit Model
Time Investment: 5:56 unadulterated, well-spent minutes
Do you have a current profit model? Have you ever wondered about which changes in your business will make the biggest impact on your bottom line? Is so, you’re not alone – and this is the right place to be to find out the answer. This video tells you, with real-world examples, how to determine the level of profit you’ll be able to realize through different changes to sales and growth patterns.
If you’re interested in some related training, see our video “How to Create a Profit First Budget” for a step-by-step guide that goes into a bit more detail.
Look, I get numbers are not the most exciting part about business ownership, but they are one of the most important. To see what I mean, have a look at Vol. 28 of our Business Nutrition Newsletter which exclusively deals with putting yourself in a strong financial situation, so you can sleep at night.
Now go out there and get amongst it!
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