How you can work out exactly what sales will guarantee your business is sustainable
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Ever wondered what level of sales made your business sustainable? This presentation will show you EXACTLY how to do this
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How you can work out exactly what sales will guarantee your business is sustainable
- 1. How you can work out EXACTLY what sales will guarantee your business is sustainable It may be closer than you think! © Copyright One Sherpa Pty Ltd 2010
- 2. PROBLEM #1 Are you struggling to get enough sales in your business? © Copyright One Sherpa Pty Ltd 2010
- 3. PROBLEM #2 Are you unsure about how many sales are enough for your business? © Copyright One Sherpa Pty Ltd 2010
- 4. PROBLEM #3 Do you know the right number that can make you relax? © Copyright One Sherpa Pty Ltd 2010
- 5. PROBLEM #4 Are you continually worried that no matter how hard you try there will never be enough sales in your business? © Copyright One Sherpa Pty Ltd 2010
- 6. Would you like to know one simple measure that would give you the right number to aim for? © Copyright One Sherpa Pty Ltd 2010
- 7. There is a relationship between the sales you make and the amount of fixed expenses in your business © Copyright One Sherpa Pty Ltd 2010
- 8. In simple terms you will find most fixed expenses in an area we call administrative expenses © Copyright One Sherpa Pty Ltd 2010
- 9. Over time we have watched hundreds of businesses fail when the administrative expenses are too high compared to the sales in the business © Copyright One Sherpa Pty Ltd 2010
- 10. PROBLEM #1 Has a measure which can tell you exactly whether you have enough sales and how many you need to aim for © Copyright One Sherpa Pty Ltd 2010
- 11. This measure is called Transaction Flow This measure makes sure you are bringing in the right volume of sales for your business © Copyright One Sherpa Pty Ltd 2010
- 12. This measure will NOT check the margin you are making on those sales © Copyright One Sherpa Pty Ltd 2010
- 13. BUT it will help you with the right volume of sales © Copyright One Sherpa Pty Ltd 2010
- 14. If you are concerned about your margin and profits then refer to the sessions on Customer Value © Copyright One Sherpa Pty Ltd 2010
- 15. Let me show you how to check your Transaction Flow in One Minute Business Checkup © Copyright One Sherpa Pty Ltd 2010
- 16. PROBLEM #3 © Copyright One Sherpa Pty Ltd 2010
- 17. PROBLEM #3 © Copyright One Sherpa Pty Ltd 2010
- 18. PROBLEM #3 © Copyright One Sherpa Pty Ltd 2010
- 19. We can solve this problem using One Minute Business Checkup in two ways © Copyright One Sherpa Pty Ltd 2010
- 20. 1. Decrease the Administrative Expenses © Copyright One Sherpa Pty Ltd 2010
- 21. PROBLEM #3 Subtract $30,000 from Costs © Copyright One Sherpa Pty Ltd 2010
- 22. 2. Increase the sales © Copyright One Sherpa Pty Ltd 2010
- 23. Let’s calculate how many more sales we need to ensure we have the correct volume of sales Administration Expenses $120,000 To ensure these are no more than 12% Divide the costs by 0.12 New sales figure $120,000/0.12 $1,000,000 © Copyright One Sherpa Pty Ltd 2010
- 24. PROBLEM #3 Add $200,000 to the sales and $160,00 to Other Costs © Copyright One Sherpa Pty Ltd 2010
- 25. Checkout your own information now. © Copyright One Sherpa Pty Ltd 2010
- 26. Make sure you have the right volume of sales flowing through your business © Copyright One Sherpa Pty Ltd 2010
- 27. Go to www.oneminutebusinesscheckup.com and make sure you’re aiming for the right level of sales TODAY © Copyright One Sherpa Pty Ltd 2010