Increase Profit

Five Ways to Increase Profit

Learn how to compound the profit of your business by up to 61% after achieving just a 10% gain in 5 often-overlooked key areas.

Conventional business evaluation tools gauge performance in this area from the standpoint of three variables; sales, expenses and profits.

In this approach, each variable depends on the other, forcing businesses to look at either increasing sales or decreasing expenses in order to influence profitability.

ActionCOACH moves away from this narrow view and breaks the sales variable into five separate components.

These variables can be worked individually and across the board to leverage profits with a multiplying effect on the bottom line.

In the ActionCOACH business coaching model, this is termed “The 5 Ways.”

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By Neil Canty, ActionCoach