The David Martin Show

More revenue does NOT always equal more profit


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Sometimes growing does not mean more profit. It means more employees, more costs, more headaches… The point is PROFIT. How much is left over after all the bills are paid… You should spend your time trying to figure out what are the most profitable areas of your business. How you can create more profit centers like that. How you can lower your cost of goods and maximize profit. When did you last raise your rates? Are you over staffed? What unprofitable services are you offering customers you can eliminate without sacrificing the integrity of your product offering? Are you over paying in rent for your facility? What in your business is lying around being unproductive that you can put to work and monetize? 

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The David Martin ShowBy David Martin