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Browsing: Profitability
The concept of reinvesting profits is one that every entrepreneur should be intimately familiar with. Especially in your early years…
Each time I throw open this question to entrepreneurs; what is the most important word in business? The most frequent…
Poor inventory management can lead to overstocking which eventually affects your profitability. To increase profits, better manage your inventory. Here’s how!
Without proper financial management processes and practices, your business is inevitably heading towards a self-inflicted financial crisis. Learn how to avoid this!
It doesn’t matter whether you are a small startup or an international corporation; every business is looking to grow its profits. So when it comes to increasing your profitability in business, after considering both the universal laws of profitability and the peculiar elements of profitability, there are two simple options open to you; Increase revenue and decrease expenses.
The Profitability Code: How To Unlock The Profit Potentials Of Your Business. The entrepreneurs or companies who succeed in business are those who have cracked the profitability code –a set of different elements, laws and principles that must be strategically applied.
The Anatomy Of Employment: Why Becoming Your Own Boss Is The Smartest Decision Of Your Life! There is nothing bad with being an employee per se. At some point or the other in our adult lives we would be engaged in some form of employment or the other. But here is the truth, a job or being employed is a transition. Meaning, it’s not the end, but only a means to an end.
Don’t allow yourself to be deceived, always remember that making profit is dependent on four key things; defining, creating, communicating and delivering value. You must understand that value is the origin of profits. It is my goal through this unusual article to help you understand and better put to use this universal principle of life.
Credibility is a great leverage for building profitability in business if you can only learn to put it first before profitability. It can take you to places you have never anticipated and it can bring you closer to your entrepreneurial goals faster than any other business strategy. Learn to master the four steps I will be sharing in this unusual article and see credibility do wonders for your business.