Indie Brand Builder: how to build a successful business online

21: The Financial Formulas For Scaling a Consumer Product Business


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The financial formulas for scaling a consumer product business are really only applicable if your goal is to build a scalable venture. If you're just looking to run a lifestyle business you can disregard this article -  but if you want to build a scalable consumer product business,  these are the numbers that you need to understand.

Use the financial formulas to compare the efficiency of each channel in your consumer product business and increase or decrease your resource allocation to the most efficient channel or customer segments.

 

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Indie Brand Builder: how to build a successful business onlineBy Dan Chadney: Creative entrepreneur, Online Business and SEO Expert, Blogger

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