More Profit & Stronger Cash Flow
When you generate significantly higher levels of profit without the need to invest in additional equipment, people, or other resources, the result is a cash flow surge - instantly, doing business gets a lot easier.
Every business has the potential to achieve this outcome, but it requires a change in management behaviour.
All accountants attest to this but momentum to create the shift will only materialise when the business owner understands the impact of reorganising existing capacity so as to generate the optimum level of profit from the people and equipment already in place.
As a result of successfully completing this module, you will:
- Calculate the profit improvement achievable without the need for further investment in capacity.
- Using six words, define the two key drivers of profit in your business.
- Measure performance of those critical indicators of performance, weekly.
- Benefit from higher profit and stronger cash flow.
In the same way that moving the position of a fulcrum provides the leverage to allow the same effort to lift a heavier load when management changes the way labour resources are allocated, the result can be more profit from the same effort.