In the present economy, the path to profitability can seem to be a long uphill struggle. As a business owner, you need to decide what you want to achieve, and take steps to ensure that these goals become a reality.
In the 4th edition to this popular guide about paths to profitability, the authors discuss 25 ways to make your business more profitable this year. Many of these paths are ones you can start working on today in order to boost your bottom line and take advantage of all the opportunities for growth that are available to you.
With just a little more time, effort, analysis of your business and of the current market conditions in your niche, you can soon see more profits and transform your business, from a struggling one to one in which the many opportunities that you can create for your company can all lead to multiple additional streams of income.
Specific how-to sections provide an action plan for you to follow to get started with some of the steps that may seem difficult. A handy appendix at the end of the guide gives you a checklist as to the best ways to protect your business and profits from unforeseen events that can put most unwary companies out of business before they ever even knew what hit them.
A handy appendix at the end of the guide gives you a checklist as to the best ways to protect your business and profits from unforeseen events that can put most unwary companies out of business before they ever even knew what hit them.
If your business has been struggling, this timely advice can help you gain a whole new perspective on your company’s performance, and possible new paths to profits, without investing too much time and effort. If your company is doing well, here are still more ideas you can use, for even more profits.
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Buy Now: Paths to More Profits: 25 Ways to Boost Your Bottom Line TODAY (Business Basics for Beginners Book 10)
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TABLE OF CONTENTS
INTRODUCTION
PROFIT PATH #1: INCREASE YOUR PRICES
PROFIT PATH #2: GIVE BACK TO OTHERS
PROFIT PATH #3: START GETTING AFFILIATES
PROFIT PATH #4: TRACK AND TEST
PROFIT PATH #5: ADDING TO YOUR PRODUCT LINE AND YOUR SALES FUNNEL
PROFIT PATH #6: PARTNERING
PROFIT PATH #7: PRUNE THE DEAD WOOD
PROFIT PATH #8: IMPROVE YOUR SYSTEMS, POLICIES, AND PROCEDURES
PROFIT PATH #9: PLANNING AHEAD
PROFIT PATH #10: SETTING GOALS
PROFIT PATH #11: ASKING FOR REFERRALS
PROFIT PATH #12: GETTING TESTIMONIALS
PROFIT PATH #13: IMPROVING CUSTOMER SERVICE
PROFIT PATH #14: IMPROVING YOURSELF AND YOUR KNOWLEDGE
PROFIT PATH #15: IMPROVING AND MOTIVATING YOURSELF AND OTHERS THROUGH COACHING/MENTORING
PROFIT PATH #16: IMPROVING YOUR TIME MANAGEMENT SKILLS
PROFIT PATH #17: TAKE TIME OFF
PROFIT PATH #18: DELEGATING AND OUTSOURCING
PROFIT PATH #19: ELIMINATE WASTE
PROFIT PATH #20: BUDGET CAREFULLY
PROFIT PATH #21: SEEK GRANTS AND FUNDING
PROFIT PATH #22: MARKET YOUR BUSINESS MORE
PROFIT PATH #23: PARTICIPATE IN TRADE SHOWS
PROFIT PATH #24: ANALYZE YOUR COMPETITION
PROFIT PATH #25: JOIN YOUR LOCAL CHAMBER OF COMMERCE
CONCLUSION
APPENDIX: PROTECTING YOUR PROFITS
FURTHER READING
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ABOUT THE AUTHORS
The authors have written more than 100 guide designed to help new business owners and marketers gain the skills they need to succeed.
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