What if you put up your prices?
Or maybe increased the number of customers, reduced expenses or even decreased prices? Do you know the effect of these changes to your bottom line? Successful businesses right now have one thing in common – they are prepared to make fast changes to their plans!
With the Cost of living and strikes weighing in on the economy, flexibility is the key attribute needed to survive and prosper in uncertain times. Just suppose we could show you movements on profit when flexing key variables with a simple but effective tool called “Business Analyst”.
Together we could enter your current figures such as turnover, direct costs such as materials and labour, and expenses, then analyse the effect of rising costs and inflation and their impact on your business. We could then examine key performance indicators and look at all the options such as the impact of a price rise or reduction, increasing sales or reducing expenses to help you maximise your profit, and set targets of where you want your business to be in twelve months. We can look at a range of “What if Scenarios” and set a strategy for success.
Talk to us about how we can work together on your business and stay ahead of the curve!