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6 Steps to Great Profit

Now is the time to stop making do with meagre profits, it is time to build the lifestyle you want! Our 6 Steps to Great Profit system will see your Profits Soar. Working with a coach you will learn how to implement increases in each of these areas step-by-step.

If you applied these 6 steps to great profit consistently then you would be able to increase your profits over the next 3 years by the equivalent of your current turnover, note that because you will increase your profits every month during your first year that your 2nd year profit increase will be double your first. The example shows a business with a £200,000 turnover and a profit margin of 5%, but could equally apply to any business, whether it has a turnover of £50K or £2M.  What could you do with the extra profit, what would it mean to your lifestyle?

How The 6 Steps To Great Profit Work

Increase
1.  Leads

5,000

10.0%

5,500

2.  Conversion

20.0%

22%

Customers

1,000

1,210

3.  Avg. Sale

£100

£110

4.  Returning Cust.

2

2.2

Revenue

£200,000

£292,820

46.4%

Decrease
5.  Fixed Costs

£130,000

65%

6%

£122,200

        41.7%
6.  Variable Costs

£60,000

30%

£82,570

        28.2%
Old Profit

£10,000

5%

Profit

£88,050

        25.3%

1st Year Extra Profit

(Profit – Old Profit) / 2

£39,025

 

Profit over 3 yrs

£195,125

 

This may not seem to be rocket science, and it isn’t, we will give you the skills to make the series of small changes required, and motivate you to consistently take the action required to ensure your success!