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February 26, 2020 35 mins
Generate more cash in your business by turbocharging your profits. By looking inside your business first, you don’t have to spend thousands of dollars in marketing to improve profits. Many businesses already have enough sales to be profitable, they just need to plug the profit holes that drain their business of cash and profits. In this episode, Tony Malyk identifies the causes of low profits and shares eight strategies that can be implemented immediately to improve profits and increase cash flow. The strategies include (1) How to Successfully Increase Prices (2) Resist Discounting (3) Implementing Surcharges (4) How to Right Size Your Labour (5) Lead & Manage for Better Productivity (6) Review Processes to Reduce Waste (7) Account for Every Component in Your Product (8) Ask Suppliers for Lower Pricing. You will hear real life stories of how these strategies helped businesses just like yours, transform into cash-generating profit machines. Learn how to turbocharge your profits and start making more money today!
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