This training topic investigates Profit Optimisation.

And before you switch off and think, “that sounds like accountant talk,” let me stop you right there.

According to the office for national statistics

The average net profit for private non-financial corporations (UK) was 8.8 % in 2024

For micro businesses (1-9 staff & less than 1 million in turnover), it's worse; here the average is estimated to be just 3-4%.

I will consider three ways to optimise profit:

doing more, doing better and doing more, better.