PROFITABILITY PLANNING

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TO MAKE PROFITS, YOU’VE  TO PLAN FOR THEM

THE 5 FUNDAMENTALS FOR PROFIT

The central focus of your operations should be serving your customer well. Why? Because, without your customers, you have no chance of succeeding in business. Real business is about meeting the needs of your customers.

These 5 things can profoundly affect how you serve your customers & how profitable your business will be.

  1. KNOWLEDGE OF YOUR CUSTOMER – Who exactly is your customer? What problems or challenges is your customer facing now or likely to face in the future? And where exactly is your customer?
  2. DO YOU HAVE THE RIGHT PRODUCT IN THE MARKET AT THIS TIME? – Your customers problems are urgent and need solutions now! Is your product or service solving those problems or challenges right now? Is it worth it for them?
  3. HOW EFFECTIVELY ARE YOU REACHING YOUR CUSTOMER? – How are you telling your customer that you have a solution to their problem/challenge right now? Simply put – Are you attracting customers & making sales? Is your marketing working?
  4. WHERE ARE YOU SERVING YOUR CUSTOMERS FROM? – Are you in the best location to serve your customers well? Is it easy to get to, is it convenient for them?
  5. WHO IS HELPING YOU SERVE YOUR CUSTOMER? – How is your team? Do they share your vision for your customer? Do they understand your customers problems & challenges? Do you inspire them to perform t their best? – Here is what I am getting at; Do you have a great team!

We can help you in all of the 5 operational areas above, we can help you grow your business and make decent profits.

Get in touch with us if you need help in the any of the 5 areas above. Click here

PROFITS THROUGH GROWTH

The right strategy for business growth can deliver stability, security and long-term profits. You will need to assess your current position and how well equipped you are to handle growth, then you can start building your strategy for growth.

Sterling Libs & Co. will guide you on how to evaluate the right strategy for your business, the optimum price point, marketing strategy, excellent customer care, financing options and how to invest for growth, stabilty & profitability.

We will look at the pros and cons of diversifying and what other considerations you must think of to ensure development is smooth, on time and on target.

If you are thinking of expanding & diversifying your business, get in touch with us, just click here

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