Question # 25 - I need to increase my profit! Tell me how.
To get a 25% increase in your Net Profit you simply need to do the following things:
2% savings from business expenses
1% increase in your Prices
1% increase in your Sales
Mathematically, that will give you a 25% increase in your Net Profit.
Simple? Yes. Easy? Maybe. This is where a CFO can help you analyze your numbers and make recommendations on how to do these "simple" things.
The Three Things a CFO does are:
Track Profit and Cash Flow
Analyze financial strengths and weaknesses
Propose corrective actions - like the ones above
I offer a free consultation to small business owners to help them understand what’s going right and what’s going wrong…
Book your right fit call today! I have 3 slots open for new CFO clients.