5 Ways to Increase Your Business Profits
Many business owners we speak to work really hard to improve profit performance but are missing an opportunity to make significant gains to their bottom line by leveraging 5 often overlooked inputs.
Here we share a simple concept with the potential to compound your profit by up to 61% with just a 10% increase in 5 specific areas using the ActionCOACH 5 Ways Model.
The 5 Ways to Business Growth breaks down the three outcomes – customers, revenues and profits into the simplest activity drivers that will grow the business by focusing on each driver as its own but interrelated activity for growth.
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Lead Generation
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Conversion Rate
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Average Sale
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Average Number of Transactions
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Profit Margin
