SlideShare a Scribd company logo
3   KEY FACTORS
    TO MAXIMISING
    PROFITS
TURNOVER
•  not fall victim to the vanity of turnover
  Do
•  ssess the impact of accepting work on your bottom line
  A
•  nalyse the variable factors such as payment penalties
  A
  for late delivery and the cost of producing goods
• Smaller pieces of work will require higher margins
•  here is little value to be gained from taking work for
  T
  the sake of it
•  daptability is crucial, things do not always go as planned
  A
COST BASE
•  he objective is to maximise profitability, so get rid of
  T
  unnecessary costs
• There is no room for “nice-to-have” items
•  uestion whether certain indulgences, such as expensive
  Q
  décor, are really necessary
•  ry to find the best deal for your service requirements.
  T
  We have access to a world of information allowing us to
  compare everything from telephone rates to energy bills
• Incentivise your Finance Directors to cut costs
PRODUCTIVITY
•  orkforce usually constitutes the single largest cost base
  W
  for a business
•  ttribute a value to the productivity of every individual
  A
  working within a business
•  e aware of constant change and prepare the business
  B
  to be dextrous enough to overcome the challenges
  associated with a changing business landscape
• Move unproductive people on
CONCLUSION
• Uncertain times call for a return to the basics of business
•  ccept that things can always go wrong, no matter how
  A
  well you are prepared but remain adaptable
•  here are no guarantees in life, but sticking to the core
  T
  principles will ensure success

More Related Content

Viewers also liked

The 7 habits of highly effective people-Summary
The 7 habits of highly effective people-SummaryThe 7 habits of highly effective people-Summary
The 7 habits of highly effective people-Summary
Humayun Kabir
 
Effective Leadership As A Key Factor For Project
Effective Leadership As A Key Factor For ProjectEffective Leadership As A Key Factor For Project
Effective Leadership As A Key Factor For Project
Valdo Camilo
 
Leveraging Social Media For Increased Student Engagement
Leveraging Social Media For Increased Student EngagementLeveraging Social Media For Increased Student Engagement
Leveraging Social Media For Increased Student Engagement
Red Rover
 
Foro parte 1 Pereira Nathaly- Economía Popular y Solidaria
Foro parte 1 Pereira Nathaly- Economía Popular y SolidariaForo parte 1 Pereira Nathaly- Economía Popular y Solidaria
Foro parte 1 Pereira Nathaly- Economía Popular y Solidaria
Nath Pereira
 
Releasing the Power of Your Network - 17-12-2015 - Phill Butler
Releasing the Power of Your Network - 17-12-2015 - Phill ButlerReleasing the Power of Your Network - 17-12-2015 - Phill Butler
Releasing the Power of Your Network - 17-12-2015 - Phill Butler
visionSynergy
 
Social Media Strategies for Planning
Social Media Strategies for PlanningSocial Media Strategies for Planning
Social Media Strategies for Planning
Jennifer Evans-Cowley
 
genuine-highlighter: マクロを認識するClojure向けのシンタックスハイライター
genuine-highlighter: マクロを認識するClojure向けのシンタックスハイライターgenuine-highlighter: マクロを認識するClojure向けのシンタックスハイライター
genuine-highlighter: マクロを認識するClojure向けのシンタックスハイライター
sohta
 
March Pictures
March PicturesMarch Pictures
March Pictures
guest6b95dc2
 
Using virtual learning spaces to enhance learning and teaching #SHUspice
Using virtual learning spaces to enhance learning and teaching #SHUspiceUsing virtual learning spaces to enhance learning and teaching #SHUspice
Using virtual learning spaces to enhance learning and teaching #SHUspice
Sue Beckingham
 
Hadoop Hackday at the SlideShare office
Hadoop Hackday at the SlideShare officeHadoop Hackday at the SlideShare office
Hadoop Hackday at the SlideShare office
Amit Ranjan
 
ראש אחר מאמרה של לילך וסרמן
ראש אחר מאמרה של לילך וסרמןראש אחר מאמרה של לילך וסרמן
ראש אחר מאמרה של לילך וסרמןhila_el
 
Matemáticas
MatemáticasMatemáticas
How to Build a Collaborative Approach to Reaching Your UUPG
How to Build a Collaborative Approach to Reaching Your UUPGHow to Build a Collaborative Approach to Reaching Your UUPG
How to Build a Collaborative Approach to Reaching Your UUPG
visionSynergy
 
The Great Pairs Series #1
The Great Pairs Series #1The Great Pairs Series #1
The Great Pairs Series #1
Dr. Chris Stout
 
James Caan Business Secrets App
James Caan Business Secrets AppJames Caan Business Secrets App
James Caan Business Secrets App
JamesCaan
 
Picture of the Day - Handouts
Picture of the Day - HandoutsPicture of the Day - Handouts
Picture of the Day - Handouts
Jennifer Jones
 
Tirrell
TirrellTirrell
Tirrell
ucsb.ira
 
Event Report - Microsoft Connect - No April's Fools - Linux, Google and more
Event Report - Microsoft Connect - No April's Fools - Linux, Google and more Event Report - Microsoft Connect - No April's Fools - Linux, Google and more
Event Report - Microsoft Connect - No April's Fools - Linux, Google and more
Holger Mueller
 
Hiring Hackers
Hiring HackersHiring Hackers
Hiring Hackers
Lookout
 
The global diamond industry
The global diamond industryThe global diamond industry
The global diamond industry
AI Shinozaki
 

Viewers also liked (20)

The 7 habits of highly effective people-Summary
The 7 habits of highly effective people-SummaryThe 7 habits of highly effective people-Summary
The 7 habits of highly effective people-Summary
 
Effective Leadership As A Key Factor For Project
Effective Leadership As A Key Factor For ProjectEffective Leadership As A Key Factor For Project
Effective Leadership As A Key Factor For Project
 
Leveraging Social Media For Increased Student Engagement
Leveraging Social Media For Increased Student EngagementLeveraging Social Media For Increased Student Engagement
Leveraging Social Media For Increased Student Engagement
 
Foro parte 1 Pereira Nathaly- Economía Popular y Solidaria
Foro parte 1 Pereira Nathaly- Economía Popular y SolidariaForo parte 1 Pereira Nathaly- Economía Popular y Solidaria
Foro parte 1 Pereira Nathaly- Economía Popular y Solidaria
 
Releasing the Power of Your Network - 17-12-2015 - Phill Butler
Releasing the Power of Your Network - 17-12-2015 - Phill ButlerReleasing the Power of Your Network - 17-12-2015 - Phill Butler
Releasing the Power of Your Network - 17-12-2015 - Phill Butler
 
Social Media Strategies for Planning
Social Media Strategies for PlanningSocial Media Strategies for Planning
Social Media Strategies for Planning
 
genuine-highlighter: マクロを認識するClojure向けのシンタックスハイライター
genuine-highlighter: マクロを認識するClojure向けのシンタックスハイライターgenuine-highlighter: マクロを認識するClojure向けのシンタックスハイライター
genuine-highlighter: マクロを認識するClojure向けのシンタックスハイライター
 
March Pictures
March PicturesMarch Pictures
March Pictures
 
Using virtual learning spaces to enhance learning and teaching #SHUspice
Using virtual learning spaces to enhance learning and teaching #SHUspiceUsing virtual learning spaces to enhance learning and teaching #SHUspice
Using virtual learning spaces to enhance learning and teaching #SHUspice
 
Hadoop Hackday at the SlideShare office
Hadoop Hackday at the SlideShare officeHadoop Hackday at the SlideShare office
Hadoop Hackday at the SlideShare office
 
ראש אחר מאמרה של לילך וסרמן
ראש אחר מאמרה של לילך וסרמןראש אחר מאמרה של לילך וסרמן
ראש אחר מאמרה של לילך וסרמן
 
Matemáticas
MatemáticasMatemáticas
Matemáticas
 
How to Build a Collaborative Approach to Reaching Your UUPG
How to Build a Collaborative Approach to Reaching Your UUPGHow to Build a Collaborative Approach to Reaching Your UUPG
How to Build a Collaborative Approach to Reaching Your UUPG
 
The Great Pairs Series #1
The Great Pairs Series #1The Great Pairs Series #1
The Great Pairs Series #1
 
James Caan Business Secrets App
James Caan Business Secrets AppJames Caan Business Secrets App
James Caan Business Secrets App
 
Picture of the Day - Handouts
Picture of the Day - HandoutsPicture of the Day - Handouts
Picture of the Day - Handouts
 
Tirrell
TirrellTirrell
Tirrell
 
Event Report - Microsoft Connect - No April's Fools - Linux, Google and more
Event Report - Microsoft Connect - No April's Fools - Linux, Google and more Event Report - Microsoft Connect - No April's Fools - Linux, Google and more
Event Report - Microsoft Connect - No April's Fools - Linux, Google and more
 
Hiring Hackers
Hiring HackersHiring Hackers
Hiring Hackers
 
The global diamond industry
The global diamond industryThe global diamond industry
The global diamond industry
 

Similar to 3 Key Factors to maximising profit

Implementing the Lean Turnaround Masterclass by Art Byrne
Implementing the Lean Turnaround Masterclass by Art ByrneImplementing the Lean Turnaround Masterclass by Art Byrne
Implementing the Lean Turnaround Masterclass by Art Byrne
Lean Enterprise Academy
 
Lean and Your Top & Bottom Lines
Lean and Your Top & Bottom LinesLean and Your Top & Bottom Lines
Lean and Your Top & Bottom Lines
TKMG, Inc.
 
Success with business cases
Success with business casesSuccess with business cases
Success with business cases
Stuart Robb
 
A-INTRODUCTION to operations management.ppt
A-INTRODUCTION to operations management.pptA-INTRODUCTION to operations management.ppt
A-INTRODUCTION to operations management.ppt
aviatordevendra
 
Types of Businesses, costs, revenue and barriers to growth
Types of Businesses, costs, revenue and barriers to growthTypes of Businesses, costs, revenue and barriers to growth
Types of Businesses, costs, revenue and barriers to growth
bwellington
 
Principles of Effective Small Business Financial Management
Principles of Effective Small Business Financial ManagementPrinciples of Effective Small Business Financial Management
Principles of Effective Small Business Financial Management
VITAL Financial Services
 
How to Develop and Successfully Present Business Cases
How to Develop and Successfully Present Business CasesHow to Develop and Successfully Present Business Cases
How to Develop and Successfully Present Business Cases
EMEX
 
Vacation rental management companies success and opportunities in 2014
Vacation rental management companies success and opportunities in 2014Vacation rental management companies success and opportunities in 2014
Vacation rental management companies success and opportunities in 2014
Amy Hinote
 
Pricing your products
Pricing your productsPricing your products
Pricing your products
Marc Parham
 
Pricing Your Products
Pricing Your ProductsPricing Your Products
Pricing Your Products
Urban League of Greater Atlanta
 
Business Case Essentials Final
Business Case Essentials FinalBusiness Case Essentials Final
Business Case Essentials Final
David Whelbourn, MBA, PMP, PRINCE2, MSP
 
Professional Experianced Resume
Professional Experianced ResumeProfessional Experianced Resume
Professional Experianced Resume
David Slater
 
Professional Experianced Resume
Professional Experianced ResumeProfessional Experianced Resume
Professional Experianced Resume
David Slater
 
It creating the future_fantacyedition
It creating the future_fantacyeditionIt creating the future_fantacyedition
It creating the future_fantacyedition
Max Börebäck
 
Seminar Growing Your Business Value
Seminar Growing Your Business ValueSeminar Growing Your Business Value
Seminar Growing Your Business Value
Steve Lumley
 
M_SOURCE Sales Presentation
M_SOURCE Sales PresentationM_SOURCE Sales Presentation
M_SOURCE Sales Presentation
Scott Urich
 
Facilities Management & its Role in Shaping the Future of African Commercial ...
Facilities Management & its Role in Shaping the Future of African Commercial ...Facilities Management & its Role in Shaping the Future of African Commercial ...
Facilities Management & its Role in Shaping the Future of African Commercial ...
Andrew Mason
 
Webinar: Hoe houdt u de marge op peil bij de huidige record hoge energieprijzen
Webinar: Hoe houdt u de marge op peil bij de huidige record hoge energieprijzenWebinar: Hoe houdt u de marge op peil bij de huidige record hoge energieprijzen
Webinar: Hoe houdt u de marge op peil bij de huidige record hoge energieprijzen
Stork
 
SARE - Direct Marketing of Specialty Food Products - Pricing
SARE - Direct Marketing of Specialty Food Products - PricingSARE - Direct Marketing of Specialty Food Products - Pricing
SARE - Direct Marketing of Specialty Food Products - Pricing
Connie Hancock
 
One company’s experience
One company’s experienceOne company’s experience
One company’s experience
Akshay Jain
 

Similar to 3 Key Factors to maximising profit (20)

Implementing the Lean Turnaround Masterclass by Art Byrne
Implementing the Lean Turnaround Masterclass by Art ByrneImplementing the Lean Turnaround Masterclass by Art Byrne
Implementing the Lean Turnaround Masterclass by Art Byrne
 
Lean and Your Top & Bottom Lines
Lean and Your Top & Bottom LinesLean and Your Top & Bottom Lines
Lean and Your Top & Bottom Lines
 
Success with business cases
Success with business casesSuccess with business cases
Success with business cases
 
A-INTRODUCTION to operations management.ppt
A-INTRODUCTION to operations management.pptA-INTRODUCTION to operations management.ppt
A-INTRODUCTION to operations management.ppt
 
Types of Businesses, costs, revenue and barriers to growth
Types of Businesses, costs, revenue and barriers to growthTypes of Businesses, costs, revenue and barriers to growth
Types of Businesses, costs, revenue and barriers to growth
 
Principles of Effective Small Business Financial Management
Principles of Effective Small Business Financial ManagementPrinciples of Effective Small Business Financial Management
Principles of Effective Small Business Financial Management
 
How to Develop and Successfully Present Business Cases
How to Develop and Successfully Present Business CasesHow to Develop and Successfully Present Business Cases
How to Develop and Successfully Present Business Cases
 
Vacation rental management companies success and opportunities in 2014
Vacation rental management companies success and opportunities in 2014Vacation rental management companies success and opportunities in 2014
Vacation rental management companies success and opportunities in 2014
 
Pricing your products
Pricing your productsPricing your products
Pricing your products
 
Pricing Your Products
Pricing Your ProductsPricing Your Products
Pricing Your Products
 
Business Case Essentials Final
Business Case Essentials FinalBusiness Case Essentials Final
Business Case Essentials Final
 
Professional Experianced Resume
Professional Experianced ResumeProfessional Experianced Resume
Professional Experianced Resume
 
Professional Experianced Resume
Professional Experianced ResumeProfessional Experianced Resume
Professional Experianced Resume
 
It creating the future_fantacyedition
It creating the future_fantacyeditionIt creating the future_fantacyedition
It creating the future_fantacyedition
 
Seminar Growing Your Business Value
Seminar Growing Your Business ValueSeminar Growing Your Business Value
Seminar Growing Your Business Value
 
M_SOURCE Sales Presentation
M_SOURCE Sales PresentationM_SOURCE Sales Presentation
M_SOURCE Sales Presentation
 
Facilities Management & its Role in Shaping the Future of African Commercial ...
Facilities Management & its Role in Shaping the Future of African Commercial ...Facilities Management & its Role in Shaping the Future of African Commercial ...
Facilities Management & its Role in Shaping the Future of African Commercial ...
 
Webinar: Hoe houdt u de marge op peil bij de huidige record hoge energieprijzen
Webinar: Hoe houdt u de marge op peil bij de huidige record hoge energieprijzenWebinar: Hoe houdt u de marge op peil bij de huidige record hoge energieprijzen
Webinar: Hoe houdt u de marge op peil bij de huidige record hoge energieprijzen
 
SARE - Direct Marketing of Specialty Food Products - Pricing
SARE - Direct Marketing of Specialty Food Products - PricingSARE - Direct Marketing of Specialty Food Products - Pricing
SARE - Direct Marketing of Specialty Food Products - Pricing
 
One company’s experience
One company’s experienceOne company’s experience
One company’s experience
 

Recently uploaded

20240609_ TJ Communications Credentials.pdf
20240609_ TJ Communications Credentials.pdf20240609_ TJ Communications Credentials.pdf
20240609_ TJ Communications Credentials.pdf
tjcomstrang
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results
 
Kanban Coaching Exchange with Dave White - Example SDR Report
Kanban Coaching Exchange with Dave White - Example SDR ReportKanban Coaching Exchange with Dave White - Example SDR Report
Kanban Coaching Exchange with Dave White - Example SDR Report
Helen Meek
 
Science Around Us Module 2 Matter Around Us
Science Around Us Module 2 Matter Around UsScience Around Us Module 2 Matter Around Us
Science Around Us Module 2 Matter Around Us
PennapaKeavsiri
 
Adani Group Requests For Additional Land For Its Dharavi Redevelopment Projec...
Adani Group Requests For Additional Land For Its Dharavi Redevelopment Projec...Adani Group Requests For Additional Land For Its Dharavi Redevelopment Projec...
Adani Group Requests For Additional Land For Its Dharavi Redevelopment Projec...
Adani case
 
Enabling Digital Sustainability by Jutta Eckstein
Enabling Digital Sustainability by Jutta EcksteinEnabling Digital Sustainability by Jutta Eckstein
Enabling Digital Sustainability by Jutta Eckstein
Jutta Eckstein
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results
 
Truck Loading Conveyor Manufacturers Chennai
Truck Loading Conveyor Manufacturers ChennaiTruck Loading Conveyor Manufacturers Chennai
Truck Loading Conveyor Manufacturers Chennai
ConveyorSystem
 
Lukas Rycek - GreenChemForCE - project structure.pptx
Lukas Rycek - GreenChemForCE - project structure.pptxLukas Rycek - GreenChemForCE - project structure.pptx
Lukas Rycek - GreenChemForCE - project structure.pptx
pavelborek
 
Enhancing Adoption of AI in Agri-food: Introduction
Enhancing Adoption of AI in Agri-food: IntroductionEnhancing Adoption of AI in Agri-food: Introduction
Enhancing Adoption of AI in Agri-food: Introduction
Cor Verdouw
 
Easy Earnings Through Refer and Earn Apps Without KYC.pptx
Easy Earnings Through Refer and Earn Apps Without KYC.pptxEasy Earnings Through Refer and Earn Apps Without KYC.pptx
Easy Earnings Through Refer and Earn Apps Without KYC.pptx
Fx Lotus
 
japanese language course in delhi near me
japanese language course in delhi near mejapanese language course in delhi near me
japanese language course in delhi near me
heyfairies7
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results
 
Kalyan Chart Satta Matka Dpboss Kalyan Matka Results
Kalyan Chart Satta Matka Dpboss Kalyan Matka ResultsKalyan Chart Satta Matka Dpboss Kalyan Matka Results
Kalyan Chart Satta Matka Dpboss Kalyan Matka Results
Satta Matka Dpboss Kalyan Matka Results
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results
 
TriStar Gold Corporate Presentation - June 2024
TriStar Gold Corporate Presentation - June 2024TriStar Gold Corporate Presentation - June 2024
TriStar Gold Corporate Presentation - June 2024
Adnet Communications
 
Stainless Steel Conveyor Manufacturers Chennai
Stainless Steel Conveyor Manufacturers ChennaiStainless Steel Conveyor Manufacturers Chennai
Stainless Steel Conveyor Manufacturers Chennai
ConveyorSystem
 
NewBase 20 June 2024 Energy News issue - 1731 by Khaled Al Awadi_compressed.pdf
NewBase 20 June 2024  Energy News issue - 1731 by Khaled Al Awadi_compressed.pdfNewBase 20 June 2024  Energy News issue - 1731 by Khaled Al Awadi_compressed.pdf
NewBase 20 June 2024 Energy News issue - 1731 by Khaled Al Awadi_compressed.pdf
Khaled Al Awadi
 
Revolutionizing Surface Protection Xlcoatings Nano Based Solutions
Revolutionizing Surface Protection Xlcoatings Nano Based SolutionsRevolutionizing Surface Protection Xlcoatings Nano Based Solutions
Revolutionizing Surface Protection Xlcoatings Nano Based Solutions
Excel coatings
 
Pro Tips for Effortless Contract Management
Pro Tips for Effortless Contract ManagementPro Tips for Effortless Contract Management
Pro Tips for Effortless Contract Management
Eternity Paralegal Services
 

Recently uploaded (20)

20240609_ TJ Communications Credentials.pdf
20240609_ TJ Communications Credentials.pdf20240609_ TJ Communications Credentials.pdf
20240609_ TJ Communications Credentials.pdf
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
 
Kanban Coaching Exchange with Dave White - Example SDR Report
Kanban Coaching Exchange with Dave White - Example SDR ReportKanban Coaching Exchange with Dave White - Example SDR Report
Kanban Coaching Exchange with Dave White - Example SDR Report
 
Science Around Us Module 2 Matter Around Us
Science Around Us Module 2 Matter Around UsScience Around Us Module 2 Matter Around Us
Science Around Us Module 2 Matter Around Us
 
Adani Group Requests For Additional Land For Its Dharavi Redevelopment Projec...
Adani Group Requests For Additional Land For Its Dharavi Redevelopment Projec...Adani Group Requests For Additional Land For Its Dharavi Redevelopment Projec...
Adani Group Requests For Additional Land For Its Dharavi Redevelopment Projec...
 
Enabling Digital Sustainability by Jutta Eckstein
Enabling Digital Sustainability by Jutta EcksteinEnabling Digital Sustainability by Jutta Eckstein
Enabling Digital Sustainability by Jutta Eckstein
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
 
Truck Loading Conveyor Manufacturers Chennai
Truck Loading Conveyor Manufacturers ChennaiTruck Loading Conveyor Manufacturers Chennai
Truck Loading Conveyor Manufacturers Chennai
 
Lukas Rycek - GreenChemForCE - project structure.pptx
Lukas Rycek - GreenChemForCE - project structure.pptxLukas Rycek - GreenChemForCE - project structure.pptx
Lukas Rycek - GreenChemForCE - project structure.pptx
 
Enhancing Adoption of AI in Agri-food: Introduction
Enhancing Adoption of AI in Agri-food: IntroductionEnhancing Adoption of AI in Agri-food: Introduction
Enhancing Adoption of AI in Agri-food: Introduction
 
Easy Earnings Through Refer and Earn Apps Without KYC.pptx
Easy Earnings Through Refer and Earn Apps Without KYC.pptxEasy Earnings Through Refer and Earn Apps Without KYC.pptx
Easy Earnings Through Refer and Earn Apps Without KYC.pptx
 
japanese language course in delhi near me
japanese language course in delhi near mejapanese language course in delhi near me
japanese language course in delhi near me
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
 
Kalyan Chart Satta Matka Dpboss Kalyan Matka Results
Kalyan Chart Satta Matka Dpboss Kalyan Matka ResultsKalyan Chart Satta Matka Dpboss Kalyan Matka Results
Kalyan Chart Satta Matka Dpboss Kalyan Matka Results
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
 
TriStar Gold Corporate Presentation - June 2024
TriStar Gold Corporate Presentation - June 2024TriStar Gold Corporate Presentation - June 2024
TriStar Gold Corporate Presentation - June 2024
 
Stainless Steel Conveyor Manufacturers Chennai
Stainless Steel Conveyor Manufacturers ChennaiStainless Steel Conveyor Manufacturers Chennai
Stainless Steel Conveyor Manufacturers Chennai
 
NewBase 20 June 2024 Energy News issue - 1731 by Khaled Al Awadi_compressed.pdf
NewBase 20 June 2024  Energy News issue - 1731 by Khaled Al Awadi_compressed.pdfNewBase 20 June 2024  Energy News issue - 1731 by Khaled Al Awadi_compressed.pdf
NewBase 20 June 2024 Energy News issue - 1731 by Khaled Al Awadi_compressed.pdf
 
Revolutionizing Surface Protection Xlcoatings Nano Based Solutions
Revolutionizing Surface Protection Xlcoatings Nano Based SolutionsRevolutionizing Surface Protection Xlcoatings Nano Based Solutions
Revolutionizing Surface Protection Xlcoatings Nano Based Solutions
 
Pro Tips for Effortless Contract Management
Pro Tips for Effortless Contract ManagementPro Tips for Effortless Contract Management
Pro Tips for Effortless Contract Management
 

3 Key Factors to maximising profit

  • 1. 3 KEY FACTORS TO MAXIMISING PROFITS
  • 2. TURNOVER • not fall victim to the vanity of turnover Do • ssess the impact of accepting work on your bottom line A • nalyse the variable factors such as payment penalties A for late delivery and the cost of producing goods • Smaller pieces of work will require higher margins • here is little value to be gained from taking work for T the sake of it • daptability is crucial, things do not always go as planned A
  • 3. COST BASE • he objective is to maximise profitability, so get rid of T unnecessary costs • There is no room for “nice-to-have” items • uestion whether certain indulgences, such as expensive Q décor, are really necessary • ry to find the best deal for your service requirements. T We have access to a world of information allowing us to compare everything from telephone rates to energy bills • Incentivise your Finance Directors to cut costs
  • 4. PRODUCTIVITY • orkforce usually constitutes the single largest cost base W for a business • ttribute a value to the productivity of every individual A working within a business • e aware of constant change and prepare the business B to be dextrous enough to overcome the challenges associated with a changing business landscape • Move unproductive people on
  • 5. CONCLUSION • Uncertain times call for a return to the basics of business • ccept that things can always go wrong, no matter how A well you are prepared but remain adaptable • here are no guarantees in life, but sticking to the core T principles will ensure success