A Strategic Approach to Maximize Business Profitability: Strategies to Help You Make More Money

A Strategic Approach to Maximize Business Profitability: Strategies to Help You Make More Money PDF Author: Sheldon Lenharr
Publisher:
ISBN:
Category :
Languages : en
Pages : 98

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Book Description
Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. In this book, the author uses her proprietary formulas and teaches you simple, easy-to-follow steps that will accelerate your profits, ease the frustration, and help you get back to the dream. She does it according to your financial personality. Get your copy today!

A Strategic Approach to Maximize Business Profitability: Strategies to Help You Make More Money

A Strategic Approach to Maximize Business Profitability: Strategies to Help You Make More Money PDF Author: Sheldon Lenharr
Publisher:
ISBN:
Category :
Languages : en
Pages : 98

Get Book Here

Book Description
Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. In this book, the author uses her proprietary formulas and teaches you simple, easy-to-follow steps that will accelerate your profits, ease the frustration, and help you get back to the dream. She does it according to your financial personality. Get your copy today!

How to Increase Business Profits - A Step by Step Plan to Increase the Profitability of Your Company

How to Increase Business Profits - A Step by Step Plan to Increase the Profitability of Your Company PDF Author: Meir Liraz
Publisher: Independently Published
ISBN: 9781090319531
Category : Business & Economics
Languages : en
Pages : 90

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Book Description
This book will walk you step by step through the development of a profit plan for your business. This will help you increase your profits by up to 64%. It is a simple, practical, common sense strategy, but amazingly enough, only a small group of smart business owners uses it. In addition the book features the following: Checklist for watching your profit - a penny saved is a penny earned - simple ways to keep profit up and costs down. Planning and goal setting for business profitability - a wise man once said: "If you're not sure where you are going, you're liable to end up someplace else." Here are the tips and techniques that will help make sure you're always on the right track. How to reduce costs - a complete step-by-step organized program for cutting costs in your business. Clients of ours have achieved an average of 28% to 35% cost reduction with this technique, and you can too. Keep the money in your pocket with this one!. All these and much much more. My name is Meir Liraz and I'm the author of this book. According to Dun & Bradstreet, 90% of all business failures analyzed can be traced to poor management. This is backed up by my own experience. In my 31 years as a business coach and consultant to businesses, I've seen practically dozens of business owners fail and go under -- not because they weren't talented or smart enough -- but because they were trying to re-invent the wheel rather than rely on proven, tested methods that work. And that is where this book can help, it will teach you how to avoid the common traps and mistakes and do everything right the first time.

Fit for Growth

Fit for Growth PDF Author: Vinay Couto
Publisher: John Wiley & Sons
ISBN: 1119268532
Category : Business & Economics
Languages : en
Pages : 296

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Book Description
A practical approach to business transformation Fit for Growth* is a unique approach to business transformation that explicitly connects growth strategy with cost management and organization restructuring. Drawing on 70-plus years of strategy consulting experience and in-depth research, the experts at PwC’s Strategy& lay out a winning framework that helps CEOs and senior executives transform their organizations for sustainable, profitable growth. This approach gives structure to strategy while promoting lasting change. Examples from Strategy&’s hundreds of clients illustrate successful transformation on the ground, and illuminate how senior and middle managers are able to take ownership and even thrive during difficult periods of transition. Throughout the Fit for Growth process, the focus is on maintaining consistent high-value performance while enabling fundamental change. Strategy& has helped major clients around the globe achieve significant and sustained results with its research-backed approach to restructuring and cost reduction. This book provides practical guidance for leveraging that expertise to make the choices that allow companies to: Achieve growth while reducing costs Manage transformation and transition productively Create lasting competitive advantage Deliver reliable, high-value performance Sustainable success is founded on efficiency and high performance. Companies are always looking to do more with less, but their efforts often work against them in the long run. Total business transformation requires total buy-in, and it entails a series of decisions that must not be made lightly. The Fit for Growth approach provides a clear strategy and practical framework for growth-oriented change, with expert guidance on getting it right. *Fit for Growth is a registered service mark of PwC Strategy& Inc. in the United States

How To Increase Your Profit Margins

How To Increase Your Profit Margins PDF Author: Stormy Hohney
Publisher:
ISBN:
Category :
Languages : en
Pages : 106

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Book Description
Running a successful business is a balancing act that can grind to a halt if your spending exceeds your income. To stay afloat and remain attractive to your market (and investors), you must stay in the black. More sales and customers are always good things for a business. In addition to boosting profits, you must understand the profit margin formula - the difference between your revenue (the amount of money your company brings in) and your costs - and take control of it to succeed. Since your profit margin is how much money you actually get to walk away with after a transaction is complete, understanding how to increase profit margins in business is fundamental to growth. By learning to increase profit and master your margins, you will empower yourself to face challenges with confidence. The author is a CPA whose focus is not just on filing tax returns but helping each of his clients massively improve and increase their profits. And one of the first rules of business is that it's always all about profit. You will find chapter after chapter and idea after idea about how you can turn around your business and re-set your profits from red to black in 90 days or fewer. Even entrepreneurs who are making money will benefit from this book by learning how to make even more money. The clock is ticking, so start reading!

Category Management in Purchasing

Category Management in Purchasing PDF Author: Jonathan O'Brien
Publisher:
ISBN: 9780749472306
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 0

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Book Description
Category Management in Purchasing is a comprehensive guide to strategic category management, providing a step-by-step guide to its implementation and use. This book provides the necessary tools, techniques and applications that will enable the reader to implement this cost saving purchasing method. The 3rd edition of Category Management in Purchasing has been rigorously updated to reflect the latest thinking in the field. Jonathan O'Brien shows how a strategic approach needs to work effectively together with other approaches, such as Supplier Relationship Management. He has added important sections on governance, included more supplier and supply chain tools, and introduced a pragmatic route for smaller businesses or those who need step-by-step advice.The book provides case studies of real companies, including: IKEA, The Body Shop, NHS, Heinz, Cardiff Council, and GlaxoSmithKline.

Better, Simpler Strategy

Better, Simpler Strategy PDF Author: Felix Oberholzer-Gee
Publisher: Harvard Business Press
ISBN: 1633699706
Category : Business & Economics
Languages : en
Pages : 348

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Book Description
Named one of the best strategy books of 2021 by strategy+business Get to better, more effective strategy. In nearly every business segment and corner of the world economy, the most successful companies dramatically outperform their rivals. What is their secret? In Better, Simpler Strategy, Harvard Business School professor Felix Oberholzer-Gee shows how these companies achieve more by doing less. At a time when rapid technological change and global competition conspire to upend traditional ways of doing business, these companies pursue radically simplified strategies. At a time when many managers struggle not to drown in vast seas of projects and initiatives, these businesses follow simple rules that help them select the few ideas that truly make a difference. Better, Simpler Strategy provides readers with a simple tool, the value stick, which every organization can use to make its strategy more effective and easier to execute. Based on proven financial mechanics, the value stick helps executives decide where to focus their attention and how to deepen the competitive advantage of their business. How does the value stick work? It provides a way of measuring the two fundamental forces that lead to value creation and increased financial success—the customer's willingness-to-pay and the employee's willingness-to-sell their services to the business. Companies that win, Oberholzer-Gee shows, create value for customers by raising their willingness-to-pay, and they provide value for talent by lowering their willingness-to-sell. The approach, proven in practice, is entirely data driven and uniquely suited to be cascaded throughout the organization. With many useful visuals and examples across industries and geographies, Better, Simpler Strategy explains how these two key measures enable firms to gauge and improve their strategies and operations. Based on the author's sought-after strategy course, this book is your must-have guide for making better strategic decisions.

Cost Accounting For Dummies

Cost Accounting For Dummies PDF Author: Kenneth W. Boyd
Publisher: John Wiley & Sons
ISBN: 1118453816
Category : Business & Economics
Languages : en
Pages : 419

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Book Description
The easy way to get a grip on cost accounting Critical in supporting strategic business decisions and improving profitability, cost accounting is arguably one of the most important functions in the accounting field. For business students, cost accounting is a required course for those seeking an accounting degree and is a popular elective among other business majors. Cost Accounting For Dummies tracks to a typical cost accounting course and provides in-depth explanations and reviews of the essential concepts you'll encounter in your studies: how to define costs as direct materials, direct labor, fixed overhead, variable overhead, or period costs; how to use allocation methodology to assign costs to products and services; how to evaluate the need for capital expenditures; how to design a budget model that forecast changes in costs based on expected activity levels; and much more. Tracks to a typical cost accounting course Includes practical, real-world examples Walks you though homework problems with detailed, easy-to-understand answers If you're currently enrolled in a cost accounting course, this hands-on, friendly guide gives you everything you need to master this critical aspect of accounting.

The Profitability Test

The Profitability Test PDF Author: Harborne W. Stuart, Jr.
Publisher: MIT Press
ISBN: 0262529408
Category : Business & Economics
Languages : en
Pages : 225

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Book Description
A new way to determine whether a business strategy will lead to profitability. This book teaches readers to understand profitability in a systematic way, equipping them to provide logically coherent answers to questions about whether a new venture will be profitable, if changes in business strategy will generate an increase in profits, or if “staying the course” will result in continued profitability. Unlike books by business gurus that offer one-size-fits-all advice, this book starts from the premise that you, the reader, are in the best position to make difficult judgments about your business. It shows how to turn these judgments into coherent analysis, presenting state-of-the art theory for understanding business strategy from an economic perspective. The basic building block is the value that is created when the buyer and seller make a deal. In simple terms, if a company is to be profitable, it must make a favorable deal with each and every customer. After setting out key principles and applying them to market situations, the book teaches readers to apply the analysis to their own businesses—in other words, to create their own business game, the main ingredients of which are people and the value that they can create. It addresses how to integrate strategic moves into the book's theory of value creation and competition in order to address the sustainability of a company's profits, the effectiveness of the “invisible hand,” and restrictions to competition. Optional appendixes explain the relevant mathematics.

The Secret to Profitable Business Ideas

The Secret to Profitable Business Ideas PDF Author: Dexx Williams
Publisher: CreateSpace
ISBN: 9781500629151
Category : Business & Economics
Languages : en
Pages : 94

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Book Description
What Everyone Ought to Know About The Secret to Profitable Business Ideas Who Else Wants to Know How to Maximize Their Sales Without Financial or Emotional Risk? 8 out of 10 businesses fail within their first 18 months, but what makes the remaining 2 out of 10 so tremendously successful? Now it's time that you discovered their secret, and put it to use for your own business endeavours. "The Secret to Profitable Business Ideas" is not just a book, it's your effective business building shortcut. An impressive resource based on over 7 years of researching the elite strategies and tactics used profitably by over 10,000 successful companies, in 400 different industries. Straight to the point, without any fluff, this will be your secret weapon to easily gaining an unfair advantage over your competition. Best selling author, Dexx Williams, created this resource after observing the struggles and frustrations of many business owners as they helplessly tried to stay out of bankruptcy during rough economic times. Realizing that many of these businesses were succumbing to what he calls the "five fatal traps" of business, Dexx decided to reveal what his research had proven to be... The Secret to Profitable Business Ideas. If you're looking to start your own business, increase sales and transform an existing business, or invest in a business concept, then this book is a must have resource for you. Nothing else comes close to boosting your business idea's likelihood of success faster than you ever dreamed possible. Here are just some of the concepts Dexx reveals in this book: The one word you must never use in your business and marketing plan (it starts with the letter "E") The #1 result any new business idea you have must generate (Hint: it's NOT profit) The two most important questions you will ever answer in your business (master these and watch the jaw-dropping effect on your bottom-line) 5 systems that many businesses owners drop the ball on which leaves them vulnerable (implement these shockingly ingenious tactics to crush your competitors) A costly mistake entrepreneurs make when identifying a market segment to target (with devastating consequences if ignored) and many, Many MORE! Dexx's reveals strategies that have generated the following results: a) An automotive business implemented one strategy that not only saved the business from possible bankruptcy, but also increased average sales from $120 up to $1,000 per customer. That's a 733% boost in revenue. b) A retail store, making one small test to try a new approach, watched their sales increase up to 15% and the business triple in just three years as a result. c) A plumbing firm implemented one strategy and caused the number of new inquiries to increase by 400%, with a 65% conversion rate to paying customers, in just seven months. d) Using one simple strategy, a chiropractor took their business from $6,000 per month to $70,000 per month within 90 days. That translates into a 1066.667% increase in sales within just three months. What kind of impact would results like these have in your life? Hopefully by now you realize your decision to read this book will be greatly beneficial for you, your family, and your business colleagues as you move forward. Includes over $997 in additional FREE bonuses! Not only does Dexx deliver powerful, proven strategies for increasing the profitability of new and existing businesses, but he takes it even further by providing additional bonus material with advanced strategies to take your success to the next level. Scroll Up and Grab a Copy Today Before the Price Increase.

Good Strategy Bad Strategy

Good Strategy Bad Strategy PDF Author: Richard Rumelt
Publisher: Currency
ISBN: 0307886239
Category : Business & Economics
Languages : en
Pages : 338

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Book Description
Good Strategy/Bad Strategy clarifies the muddled thinking underlying too many strategies and provides a clear way to create and implement a powerful action-oriented strategy for the real world. Developing and implementing a strategy is the central task of a leader. A good strategy is a specific and coherent response to—and approach for—overcoming the obstacles to progress. A good strategy works by harnessing and applying power where it will have the greatest effect. Yet, Rumelt shows that there has been a growing and unfortunate tendency to equate Mom-and-apple-pie values, fluffy packages of buzzwords, motivational slogans, and financial goals with “strategy.” In Good Strategy/Bad Strategy, he debunks these elements of “bad strategy” and awakens an understanding of the power of a “good strategy.” He introduces nine sources of power—ranging from using leverage to effectively focusing on growth—that are eye-opening yet pragmatic tools that can easily be put to work on Monday morning, and uses fascinating examples from business, nonprofit, and military affairs to bring its original and pragmatic ideas to life. The detailed examples range from Apple to General Motors, from the two Iraq wars to Afghanistan, from a small local market to Wal-Mart, from Nvidia to Silicon Graphics, from the Getty Trust to the Los Angeles Unified School District, from Cisco Systems to Paccar, and from Global Crossing to the 2007–08 financial crisis. Reflecting an astonishing grasp and integration of economics, finance, technology, history, and the brilliance and foibles of the human character, Good Strategy/Bad Strategy stems from Rumelt’s decades of digging beyond the superficial to address hard questions with honesty and integrity.