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Profit Drivers
Any semi-decent business
improvement specialist will tell
you that there are some key
profit drivers that are common
across every business, and
that success in improving your
business will come from
improving each of these
drivers.
They are:
- the number of enquiries from
potential customers;
- the conversion rate from
enquiry to customer;
- the average sale invoice
value (avg. $ sale);
- the number of times per year
that the customer purchases
from you; and
- the margin that you make on
each sale after all expenses of
making the sale are taken into
account.
Your number of customers,
total turnover and profit are
simply functions of each of
these drivers.
Nothing else tracks these
key drivers about your
business for just $198