In business, profit is KING, so while you're busy working to generate more leads and sales, be sure to always be considering - what can be done to trim up my costs?
Did you know that the slightest decrease in your expenses will often yield the same results in profits as huge jumps in sales. For example a business with gross sales of $500,000 and gross profit of $100,000 could jump to an extra $8000 in profit by closing another $45,000 in sales; or by making no extra sales and just cutting expenses by only 2%. Imagine they did both!
To see what a 2% cut in expenses would mean to your profits, use the calculator in this link.
http://www.actioncoach.com/free-business-calculator-twopercent.php
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