Photo by Lukas Blazek
If your business offers many products or services, do you know if they are all profitable?
Often, in a bid to increase revenue, we go all out to increase sales across the board.
But that may not be the best thing to do. Not if some of those products deliver low margins.
The money and time tied up in marketing and selling low-margin products and services can dent profits.
I’ve heard it expressed like this.
“If we’re selling so much, how come we don’t have more money?”
Working the proverbial socks off for no increase in profits is not the way to go.
If that’s something that resonates with you, The Finding Money Issue of the Quietly Good Newsletter will be very helpful.
Improving margins and cashflow is one of the five areas covered in this issue.
To see what else is covered, see this page on our website.
Very best,
David O’Beirne