02.05.2014

Increase Profits 40% by reducing costs 10%. Interested? Read On..

Increase Profits 40% by reducing costs 10%.…

Quick Simple Illustration;

Your company ROI from the sales of widgets last year was £100k.

Before realising any profits you need to deduct
Cost of Sales (salaries, marketing etc), say £50k
Fixed costs (utilities, IT, comms, energy etc), lets say £40k

Deduct these costs from from your hard earned £100k and you made £10k before tax

The board want more growth, more profit. Sales and marketing are flat out without further investment in staff and marketing.

You offer a different view….

If we save 10% off our fixed costs (which the nice man guarantees he can do on a No Win No Fee basis) our fixed costs come down to £36k.

So now, even if sales stay the same, our costs are down to £86k

Deduct £86k from £100k and our profit has now increased to £14k, a 40% net increase in profit. Before Tax.

You are now The Man..

Auditel Franchise Business Owner. Straight talker. Deliverer of results.

I do what it says on the tin, try me.

Follow us for more articles and posts direct from professionals on      
  Report
Property

Understanding the Importance and Types of Emergency...

Why Do We Need Emergency Lighting? Emergency lighting plays a critical role in ensuring life safety first in any…
Employment & HR

Labour’s new Employment Rights Bill: challenges employers...

The introduction of Labour’s Employment Rights Bill on 10th October 2024 has created a significant shift in how…

More Articles

Business Management

The Value of a Sustainability Strategy in the Tender Process

In today’s competitive landscape, businesses face increasing pressure to demonstrate their commitment to…
Business Management

Unlocking the Power of Raw Financial Data

At Master of Coin Consulting, we offer independent strategic finance advice to help micro to medium-sized businesses…

Would you like to promote an article ?

Post articles and opinions on Professionals UK to attract new clients and referrals. Feature in newsletters.
Join for free today and upload your articles for new contacts to read and enquire further.