by charlene | Nov 30, 2016 | Business, Business Coach, Profit Margin, sales
Profit Margin is the percentage of each sale that you get to keep after you have paid the necessary expenses to provide your goods or services. You have 2 profit margins: Your gross profit margin is the % you have left after cost of goods and/or cost of labor are paid... by charlene | Nov 15, 2016 | Business, Coaching, Customer, Customer Service, marketing, Profit Margin, sales
There are only five areas you need to act on to grow a business. That’s right, only five. And you need to do them simultaneously. This basic formula is available all over the internet, but there are tons of business owners that still don’t know about it – and don’t... by charlene | Apr 18, 2016 | Business, Business Coach, Georgia, operating costs, Profit Margin, sales, small business
Do you faithfully send out invoices and statements? If you are one of those business owners who is a few months behind in billing, you are not alone. As a business coach, I run into owners all the time that hesitate when it comes to asking to get paid for the work... by charlene | Apr 3, 2014 | Business, gross profit, gross profit margin, gross sales, marketing, operating costs, productivity, Profit Margin, sales, success
Key Performance Indicators (KPIs for short) are nifty little tools. I like to think of them as the business equivalent of all those tests a doctor puts you through to figure out what is wrong with you so they can fix the problem. KPIs are specific statistical data...