A profit margin is simply
the difference between the cost of a product to the business and the
sale price achieved when the product is bought from the business. The
sale price of a product is usually well understood but the cost price
can be confusing with all sorts of factors involved. This part of your
business should aim at getting more profits from your customers as they
buy from you business.
Most of the strategies and
processes that act on your profit margins are almost all free or very
low cost and are quick to implement as they are mindset changes, basic
training and basic business process changes. When it comes to making
more profits with your business these profit margin strategies should
be amongst the first to be applied.
On-line workshops
These on-line
workshops guide you through a step by step process which you can follow
at your own pace. This training workshop is given in English and is
designed to impart knowledge and capability, allowing you to re-use
the information over and over again.
All the necessary
worksheets, templates and examples are given as part of the on-line
workshops.
There is
an optional test and a certificate is issued once the test has been
passed.
Access to
these great on-line training workshops is time limited and not usage
limited. Once payment has been received we will issue a user name and
a keycode that gives unlimited user access to the training course. This
user name and keycode can be used as many times as needed and by as
many individuals as needed.
Consultancy
With consultancy
we will work on your behalf and with your support. We will analyze your
current position and needs, then produce your desired results.
The consultancy
can be delivered at your business, remotely or a combination of both
depending on demand and location.
Mentoring
Mentoring
is a long term relationship that imparts the necessary information and
skills you'll need as your business moves forward. With the mentoring
program we'll work with you on a one to one basis to help you and your
business by sharing the knowledge and insights needed to facilitate
your personal and professional growth.
The mentoring
program is delivered through weekly meetings which can be face to face
or via the phone depending on your location. There is also unlimited
email support for you.