Top 10 Guidelines To Augment Profit In Small Businesses

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Top 10 Guidelines To Augment Profit In Small Businesses


1. Set Goals For Your Business



2. Develop A Strategy For Each Goal’s Accomplishment



3. Analyze And Improve Your Gross Profit Margin



4. Analyze And Improve Return On Invested Capital (ROIC)



5. Analyze And Improve Your Overhead Ratio (O.R.)



6. Analyzing And Improving Asset Turnover



7. Developing A Cashflow Strategy



8. Expanding Into New Markets



9. Increasing Lead Generation And Conversion



10. Increasing Transaction Frequency And Size



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