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The Fastest Ways To Improve Profit Without Selling More #107
On this episode of the Profit Cash Growth Podcast we explain the fastest way to increase profit without making more sales: improve utilisation.
We break utilisation into six asset categories — people, equipment and vehicles, property and space, systems and software, customer lists/data, and working capital — and give clear metrics and tactics to measure and improve each one (revenue per employee, revenue per vehicle, revenue per square foot, features used vs. paid, active customer rates, debtor days and working capital cycle).
⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together!
⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe
⭐ Get a Free copy of Claire's book Profit By Numbers: https://www.profitcashgrowth.com/book
VALUABLE RESOURCES
Website
YouTube
ABOUT THE HOST:
Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers.
As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business.
Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions.
*The content of this podcast is for entertainment purposes only and does not constitute professional advice.
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By Claire & SimonOn this episode of the Profit Cash Growth Podcast we explain the fastest way to increase profit without making more sales: improve utilisation.
We break utilisation into six asset categories — people, equipment and vehicles, property and space, systems and software, customer lists/data, and working capital — and give clear metrics and tactics to measure and improve each one (revenue per employee, revenue per vehicle, revenue per square foot, features used vs. paid, active customer rates, debtor days and working capital cycle).
⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together!
⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe
⭐ Get a Free copy of Claire's book Profit By Numbers: https://www.profitcashgrowth.com/book
VALUABLE RESOURCES
Website
YouTube
ABOUT THE HOST:
Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers.
As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business.
Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions.
*The content of this podcast is for entertainment purposes only and does not constitute professional advice.