How To Increase Your Profit Margins

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How To Increase Your Profit Margins

Author : Stormy Hohney
Publisher :
ISBN 13 :
Total Pages : 106 pages
Book Rating : 4.4/5 (546 download)

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Book Synopsis How To Increase Your Profit Margins by : Stormy Hohney

Download or read book How To Increase Your Profit Margins written by Stormy Hohney and published by . This book was released on 2021-08-11 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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!

Essential Guide To Increasing Profitability

Author : Guillermo Strejcek
Publisher :
ISBN 13 :
Total Pages : 106 pages
Book Rating : 4.4/5 (546 download)

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Book Synopsis Essential Guide To Increasing Profitability by : Guillermo Strejcek

Download or read book Essential Guide To Increasing Profitability written by Guillermo Strejcek and published by . This book was released on 2021-08-11 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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!

How to Sell at Margins Higher Than Your Competitors

Author : Lawrence L. Steinmetz
Publisher : John Wiley & Sons
ISBN 13 : 1118040619
Total Pages : 274 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis How to Sell at Margins Higher Than Your Competitors by : Lawrence L. Steinmetz

Download or read book How to Sell at Margins Higher Than Your Competitors written by Lawrence L. Steinmetz and published by John Wiley & Sons. This book was released on 2010-12-23 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for How to Sell at Margins Higher Than Your Competitor "This is the complete book for both new and experienced salespeople and business owners to learn and re-learn the essentials for success. How to Sell at Margins Higher Than Your Competitors emphasizes the pricing strategies and tactics to increase the market share and profits of any organization. This is a book that is as important to presidents as it is to salespeople." --Bill Scales, CEO, Scales Industrial Technologies, Inc. "As the largest service provider in our industry, we have a significant market advantage. However, we constantly walk the pricing tightrope because, as this book so clearly states, 'business is a game of margins . . . not a game of volume!'" --John K. Harris, CEO, JK Harris & Company, LLC "If you live and die on price, this book could be your only lifeline." --Tom Reilly, CSP, author of Value-Added Selling and Crush Price Objections "How to Sell at Margins Higher Than Your Competitors successfully illustrates profitable sales truths to assist us in selling for maximum return. This book's well-researched, logical, and affirming words validate the simple fact that as a premium company we deserve premium margins. So, while our competitors reduce or match prices out of fear and scarcity, our managers, thanks to this powerful sales tool, can continue quoting and closing with profitable confidence." --Joe Bracket, President, Power Equipment Company "I learned a long time ago that it is pretty difficult to control what my competitors will do, but we must control what we do--like maintaining margins. This book is a 'wow!' that will help my salesmen crack bad habits. Sales organizations should design their entire training programs around the content in this book." --George C. Giessing, President, Brusco-Rich, Inc. "This energizing book is the 'right stuff' for every sales force. It should be a required study for every executive and sales professional who seeks to be successful." --David R. Little, Chairman and CEO, DXP Enterprises, Inc.

How to Double Your Profits in Six Months Or Less

Author : Brian Kaskavalciyan
Publisher : brian kaskavalciyan
ISBN 13 : 1934379395
Total Pages : 210 pages
Book Rating : 4.9/5 (343 download)

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Book Synopsis How to Double Your Profits in Six Months Or Less by : Brian Kaskavalciyan

Download or read book How to Double Your Profits in Six Months Or Less written by Brian Kaskavalciyan and published by brian kaskavalciyan. This book was released on 2008 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt:

21 Ways to Rapidly Increase Profits in Your Business

Author : Shazad Mirza
Publisher :
ISBN 13 : 9781461193999
Total Pages : 76 pages
Book Rating : 4.1/5 (939 download)

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Book Synopsis 21 Ways to Rapidly Increase Profits in Your Business by : Shazad Mirza

Download or read book 21 Ways to Rapidly Increase Profits in Your Business written by Shazad Mirza and published by . This book was released on 2011-05-16 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was written and aimed at company Directors who have little time to be sat around reading big thick books. The book was therefore intelligently devised in its simplicity as this was in aid of the end consumer (much like a computers user interface is designed to simplify operation for the end user). 21 ways to rapidly increase profits in your business is the title and that is exactly the information you will receive but, nothing works without implementation or without taking action on what you learn. The information contained is meant to enlighten you on the many ways to grow a business and its profits by utilizing things such as social media, business & market intelligence, your own staff and all the relationships that your business has created and will continue to create. This is not an in depth instructional manual on each one of the strategies or systems outlined. But it does go as far as illustrating examples of possible outcomes and results that can be obtained and have been obtained by previous clients and companies personally studied by the author, while answering that all important question for each and every one of those 21 advices, WHY? Why will each one of the strategies and systems work for you and your business. The goal of the author was to make this book fast, simple, easy to understand and implement directly into the ongoing operations your business already undertakes, with the emphasis on testing & maximizing each and every result obtained to maximum capability, leverage and profits.

Gross Margin: 26 Factors Affecting Your Bottom Line

Author : Bill Lee
Publisher : Lee Resources, Inc.
ISBN 13 : 9780972316507
Total Pages : 204 pages
Book Rating : 4.3/5 (165 download)

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Book Synopsis Gross Margin: 26 Factors Affecting Your Bottom Line by : Bill Lee

Download or read book Gross Margin: 26 Factors Affecting Your Bottom Line written by Bill Lee and published by Lee Resources, Inc.. This book was released on 2003 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Profit Bleed

Author : Vicki Suiter
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781983932670
Total Pages : 154 pages
Book Rating : 4.9/5 (326 download)

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Book Synopsis The Profit Bleed by : Vicki Suiter

Download or read book The Profit Bleed written by Vicki Suiter and published by Createspace Independent Publishing Platform. This book was released on 2018-01-16 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Being the owner of a contracting company can feel overwhelming, frustrating, and downright life draining, particularly when you're working more hours than there are in a day. You'd delegate more to others, but you worry they won't follow through, or do the job as well as you would. You want to charge more-heck, you need to charge more-but you're afraid you'll lose your shirt to the competition. You're bleeding money, but don't know precisely how to fix the problem, where to begin. Actually, even if you knew where to begin, where would you find the time to make critical changes? Help is here in the form of a doable, step-by-step guide that will put money in your pocket, and more time and fun in your day. Learn how to: - Keep your finger on the critical pulse points that drive success - Depend on your employees to take ownership - Close more deals while charging more money - Develop an air of confidence that magnetizes potential customers - Manage the project scope and stop the profit bleed of cost overruns If you can't remember the last time you took a vacation or watched your kids' soccer game, or the last time you reviewed your balance sheet with a sense of pride and excitement, this book is for you.

Analytics of Life

Author : Mert Damlapinar
Publisher : NLITX
ISBN 13 :
Total Pages : 347 pages
Book Rating : 4./5 ( download)

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Book Synopsis Analytics of Life by : Mert Damlapinar

Download or read book Analytics of Life written by Mert Damlapinar and published by NLITX. This book was released on 2019-11-11 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analytics of Life provides the reader with a broad overview of the field of data analytics and artificial intelligence. It provides the layperson an understanding of the various stages of artificial intelligence, the risks and powerful benefits. And it provides a way to look at big data and machine learning that enables us to make the most of this exciting new realm of technology in our day-to-day jobs and our small businesses. Questions you can find answers* * What is artificial intelligence (AI)? * What is the difference between AI, machine learning and data analytics? * Which jobs AI will replace, which jobs are safe from data analytics revolution? * Why data analytics is the best career move? * How can I apply data analytics in my job or small business? Who is this book for? * Managers and business professionals * Marketers, product managers, and business strategists * Entrepreneurs, founders and startups team members * Consultants, advisors and educators * Almost anybody who has an interest in the future According to an article by Cade Metz in The New York Times, "Researchers say computer systems are learning from lots and lots of digitized books and news articles that could bake old attitudes into new technology." Oxford University professor Nick Bostrom argues that if machine brains surpassed human brains in general intelligence, then this new superintelligence could become extremely powerful - possibly beyond our control. MIT professor Max Tegmark describes and illuminates the recent, ground-breaking advances in Artificial Intelligence and how it might overtake human intelligence. As Oxford University economist Daniel Susskind points out, technological progress could bring about unprecedented prosperity, solving one of humanity's oldest problems: how to make sure that everyone has enough to live on. Distinguished AI researcher and professor of computer science at UC Berkeley, Russell Stuart suggests that we can rebuild AI on a new foundation, according to which machines are designed to be inherently uncertain about the human preferences they are required to satisfy. Industry experts claim that AI will have a negative impact on blue-collar jobs, but Mert predicts that Americans and Europeans will experience a strong impact on white-collar jobs as well. And Mert also provides research results and a clear description of which jobs will be affected and how soon, which jobs could be enhanced with AI. Analytics of Life also provides solutions and insight into some of the most profound changes to come in human history.

Pricing with Confidence

Author : Reed K. Holden
Publisher : John Wiley & Sons
ISBN 13 : 1119910188
Total Pages : 253 pages
Book Rating : 4.1/5 (199 download)

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Book Synopsis Pricing with Confidence by : Reed K. Holden

Download or read book Pricing with Confidence written by Reed K. Holden and published by John Wiley & Sons. This book was released on 2022-10-11 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Navigate Inflation, Keep Valuable Customers, Increase Profits As you read this, inflation is steadily and (not so) slowly eating into your profit margins. Simultaneously, your sales teams are using discounts and rebates as crutches to help them close sales, even as this habit threatens the profitability of your business. In the newly revised second edition of Pricing with Confidence: Ten Rules for Increasing Profits and Staying Ahead of Inflation, world-renowned pricing consultants and thought leaders Reed K. Holden and Jeet Mukherjee deliver a compelling argument against the conventional view that there is a tension between revenue growth and profit growth. In the book, you’ll learn how your firm can enjoy both even as it stays ahead of inflation. The authors also explore: The importance of a sound pricing strategy to protect profits How stellar analytics and quality metrics can help you set the perfect price Innovation as the life blood of organizational growth How to set sales team and customer expectations, keep valuable customers, and achieve value from technology Building your “selling backbone” to prepare for tough negotiations and draft profitable RFPs A can’t-miss update to one of the most valuable pricing resources on the market today, Pricing with Confidence belongs in the libraries of pricing managers, executives, founders, entrepreneurs, independent professionals, and anyone else expected to help their organization grow revenues while simultaneously improving margins.

The Personal MBA

Author : Josh Kaufman
Publisher : Penguin
ISBN 13 : 1101446080
Total Pages : 422 pages
Book Rating : 4.1/5 (14 download)

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Book Synopsis The Personal MBA by : Josh Kaufman

Download or read book The Personal MBA written by Josh Kaufman and published by Penguin. This book was released on 2010-12-30 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master the fundamentals, hone your business instincts, and save a fortune in tuition. The consensus is clear: MBA programs are a waste of time and money. Even the elite schools offer outdated assembly-line educations about profit-and-loss statements and PowerPoint presentations. After two years poring over sanitized case studies, students are shuffled off into middle management to find out how business really works. Josh Kaufman has made a business out of distilling the core principles of business and delivering them quickly and concisely to people at all stages of their careers. His blog has introduced hundreds of thousands of readers to the best business books and most powerful business concepts of all time. In The Personal MBA, he shares the essentials of sales, marketing, negotiation, strategy, and much more. True leaders aren't made by business schools-they make themselves, seeking out the knowledge, skills, and experiences they need to succeed. Read this book and in one week you will learn the principles it takes most people a lifetime to master.

Time, Talent, Energy

Author : Michael C. Mankins
Publisher : Harvard Business Review Press
ISBN 13 : 1633691772
Total Pages : 240 pages
Book Rating : 4.6/5 (336 download)

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Book Synopsis Time, Talent, Energy by : Michael C. Mankins

Download or read book Time, Talent, Energy written by Michael C. Mankins and published by Harvard Business Review Press. This book was released on 2017-02-14 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managing Your Scarcest Resources Business leaders know that the key to competitive success is smart management of scarce resources. That's why companies allocate their financial capital so carefully. But capital today is cheap and abundant, no longer a source of advantage. The truly scarce resources now are the time, the talent, and the energy of the people in your organization--resources that are too often squandered. There's plenty of advice about how to manage them, but most of it focuses on individual actions. What's really needed are organizational solutions that can unleash a company's full productive power and enable it to outpace competitors. Building off of the popular Harvard Business Review article "Your Scarcest Resource," Michael Mankins and Eric Garton, Bain & Company experts in organizational design and effectiveness, present new research into how you can liberate people's time, talent, and energy and unleash your organization's productive power. They identify the specific causes of organizational drag--the collection of institutional factors that slow things down, decrease output, and drain people's energy--and then offer a pragmatic framework for how managers can overcome it. With practical advice for using the framework and in-depth examples of how the best companies manage their people's time, talent, and energy with as much discipline as they do their financial capital, this book shows managers how to create a virtuous circle of high performance.

Markup & Profit

Author : Michael Stone
Publisher : Craftsman Book Co
ISBN 13 : 9781572180710
Total Pages : 316 pages
Book Rating : 4.1/5 (87 download)

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Book Synopsis Markup & Profit by : Michael Stone

Download or read book Markup & Profit written by Michael Stone and published by Craftsman Book Co. This book was released on 1999-01-01 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: In order to succeed in a construction business you have to be able to mark up the price of your jobs to cover overhead expenses and make a decent profit. The problem is how much to mark it up. You don't want to lose jobs because you charge too much, and you don't want to work for free because you've charged too little. If you know how much to mark up you can apply it to your job costs and arrive at the right sales price for your work. This book gives you the background and the calculations necessary to easily figure the markup that is right for your business. Includes a CD-ROM with forms and checklists for your use.

New Business Breakthrough Strategies

Author : Peter Lawson
Publisher :
ISBN 13 : 9780987461315
Total Pages : 236 pages
Book Rating : 4.4/5 (613 download)

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Book Synopsis New Business Breakthrough Strategies by : Peter Lawson

Download or read book New Business Breakthrough Strategies written by Peter Lawson and published by . This book was released on 2013-08 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout this book you will learn proven strategies about how to build a successful and profitable business. The word profit is emphasized because most businesses, even though they experience growth, do not necessarily grow their profit margin in proportion to that growth, or worse still, do not make any profit at all. This book will not only demonstrate why that happens, the reader will also find out how to avoid this common trap. The strategies in this book, even though based around Professional Knowledge Firms can easily be applied to any business. You will discover how to start a business with very little capital and how to build it to a seven figure turnover. There are nine strategies backed up by real-life case studies and action plans that will assist with implementing the strategies. So, for those business owners who prefer to work smart rather than hard, and enjoy the lifestyle and benefits that come from owning a successful business, this book will give you some strategies that will help you along the way. There are some great start-up strategies and strategies for established professionals who are looking for ideas about how to grow their business and boost profit margin. There are chapters devoted to marketing and positioning and growing your business with "outside the box" ideas. There is a chapter for those that want to grow by acquisition and there are chapters that will show you how to grow your business by positioning with fixed pricing and value pricing strategies. Throughout the book there are a number of real-life case studies and I highly recommend that you use these and the examples and action steps so that you can benefit from my experiences. In each chapter of this book, you will learn: * The strategy * The step-by-step process * How the process works * Why it works * The benefits * Tips Along the Way * Case studies * Action steps * Recommended resources

High-Profit Selling

Author : Mark HUNTER
Publisher : AMACOM Div American Mgmt Assn
ISBN 13 : 0814420095
Total Pages : 289 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis High-Profit Selling by : Mark HUNTER

Download or read book High-Profit Selling written by Mark HUNTER and published by AMACOM Div American Mgmt Assn. This book was released on 2012-02-14 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the high-pressure quest to make a sale, acquire a contract, and beat out other bidders, sales professionals frequently resort to cutting prices, offering discounts, or making other concessions that cut into their operating marginsùshort-term strategies that are destructive to the long-term sustainability of their business. High-Profit Selling helps readers understand that their sales goal shouldn't simply be to sell more, but to sell more at a higher priceàand that success comes only to those focused on ôprofitable sales.ö This eye-opening book shows readers how to: Avoid negotiating ò Actively listen to customers ò Match the benefits of their product or service with the customer's needs and pains ò Confidently communicate value ò Successfully execute a price increase with existing customers ò Ensure prospects are serious and not shopping for price Too many salespeople believe that a sale at any price is better than no sale at all. This powerful guide helps move readers toward a profit-centered approach that will strength en their relationships and increase their bottom line.

Business Adventures

Author : Larry Ellison
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781535370158
Total Pages : 50 pages
Book Rating : 4.3/5 (71 download)

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Book Synopsis Business Adventures by : Larry Ellison

Download or read book Business Adventures written by Larry Ellison and published by Createspace Independent Publishing Platform. This book was released on 2016-07-19 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, Business Adventures: Tips & Tricks to Maximize Profit, is written for the person that needs to know the information and strategies to be a successful business entrepreneur. It is not enough to merely own a business; you must also analyze your products and services in order to accrue your maximum profit. In this book we teach you: * Tips to keep overhead costs low * Strategies to increase sales * Calculations to determine profit margin and net profit * How to figure the Cost of Goods Sold or Services * How to scrutinize sales to determine price margins * Keys for a Successful Business Endeavor * Pricing Strategies * Cost consolidation * Loss Prevention * Inventory Control * Social Media marketing tricks Although this does not contain every possible contingency to increase your maximum profits, it will inspire and educate you on possible revenue streams that you may have overlooked. This book will inform you where you can streamline your organization in order to increase your net profit.

Power Your Profits

Author : Susie Carder
Publisher : Simon and Schuster
ISBN 13 : 1982137703
Total Pages : 336 pages
Book Rating : 4.9/5 (821 download)

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Book Synopsis Power Your Profits by : Susie Carder

Download or read book Power Your Profits written by Susie Carder and published by Simon and Schuster. This book was released on 2020-09-22 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover how to create “success in all aspects of life and business” (Lisa Nichols, New York Times bestselling author) with this comprehensive, bulletproof plan for taking your business from startup mode to the multi-million-dollar mark straight from the inventor of the Predictable Success Method™. In the United States, most small business owners struggle daily to make ends meet. Two-thirds of businesses earn less than $25,000 a year. Thankfully, Susie Carder—entrepreneur and business coach to everyone from Steve Harvey to Paul Mitchell—has developed the ultimate formula for incredible success. But she didn’t create it overnight. Susie Carder was at rock bottom financially during the Great Recession of 2008 when she was inspired to dig in and rebuild her fortune from the ground up. Today, she takes what she learned during that difficult time and shares her radical business strategies that have helped countless entrepreneurs and small business owners increase their revenues by more than 3,000%. As the creator of the Predictable Success Method™, Carder has a proven, twenty-year track record that includes building two $10 million companies herself, which she later sold. Filled with clear-eyed and practical advice, Power Your Profits teaches you how to run your daily operations, understand your finances, account for sales, and employ marketing systems that lead to predictable and substantial revenue and profit growth. And now, she’s sharing her hard-won wisdom—worth $5,000 an hour in coaching fees—with you.

Pricing with Confidence

Author : Reed K. Holden
Publisher : John Wiley & Sons
ISBN 13 : 1118045343
Total Pages : 242 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis Pricing with Confidence by : Reed K. Holden

Download or read book Pricing with Confidence written by Reed K. Holden and published by John Wiley & Sons. This book was released on 2010-12-28 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bad pricing is a great way to destroy your company’s value, revenue, and profits. With ten simple rules, this book shows you how to deliver both healthy profit margins and robust revenue growth while kicking the dreaded discounting habit. The authors destroy the conventional wisdom that you have to trade margins for revenues and show you how to fully exploit the value your company offers customers. This is a proven plan for increasing sales without sacrificing profits.