Russell Colbourne - "Your Money Machine" Introduction: Your business is Your Money Machine. In this Show – I’ll take you under the hood of your enterprise and show you how to fine tune your business. Get ready for lift off as we add rocket fuel to your profitability! This show is focused on businesses that have launched and are preparing for exponential growth Most companies deal with more than one product or service. Inevitably, some products/services are more profitable than others—and you can’t make sound business decisions without knowing which is which. Understanding which products or services are most profitable, gives you the basis for marketing, inventory and pricing strategies. Show Objectives: Dispel the myth that Quantity is better than Quality How to leverage your Accounting system to find your largest money makers Understanding the difference between Vanity Metrics and Actionable Metrics. Why you need to trim the fat, and how it leads to explosive profits. Key Issues
What You Need to Do
Shows Previous: Episode F3.005 Standard Operating Procedures Next: Episode F3.007 Chose Your Customers Wisely Written by Russell Colbourne Your Money Machine F2.06.3AA
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February 2021
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