SlideShare a Scribd company logo
1 of 13
www.profittrans4mations.com 
Contents of this Video 
1. Increasing Profit for FREE 
2. Increasing Sales Versus Increasing Profit 
3. What to Measure in Your Business 
4. Advanced Measuring Insights
www.profittrans4mations.com 
How to Profit for Free 
Imagine this blue bucket was your business & water 
coming in the top is enquiries to your business 
Total Annual 
Income is the 
blue bucket 
size 
Gold bucket 
size is Net 
Profit
Every business has dozens of profit leaks, just like 
the blue bucket! And plugging them is how you 
can get money for free, and… its super easy to get. 
There are 2 ways to increase your profit… 
You can increase enquiries, by spending money, or 
a lot of time, or you can simply plug the profit 
leaks – easily found by measuring. 
www.profittrans4mations.com
Measuring Reveals 2 Things 
www.profittrans4mations.com 
Where to ‘plug’ Profit Leaks & how to 
tap into BIG Profit Opportunities 
They’re both ‘hidden’ in all businesses (by 
ignorance and assumptions) – but the good news 
is, both are easy to find with measuring.
www.profittrans4mations.com 
What to Measure 
The most important figure to know is your business’ 
Net Profit Margin 
If its low (low is under 10% if your Turnover is 
above $700,000), cash-flow stress is common. 
One solution is to raise your prices, but first…
Measure Your Conversion Rates 
They are a very common “Profit Leak” and cost 
you Net Profit Margin and cash. 
They are super easy to increase, almost instantly! 
Knowing the figure is the start and it often 
increases by constantly measuring it. 
www.profittrans4mations.com
www.profittrans4mations.com 
Advanced Measuring 
Your business has 3 functions, win sales, do the 
work of the sale and get paid for the sale, seen here 
Measure $ each 
week for each leg 
That reveals trends 
& trends become 
your friend 
This gives you control of your business
The Biggest Variable in Business 
Its your employees. So measuring the quality and 
time of all activities of them in sales, finance, 
admin and production areas reveals facts about 
profit leaks & opportunities. 
Measuring also reveals staff attitudes & identifies 
the need for systems, to increase your profits! 
www.profittrans4mations.com
How to Measure – Your Mission 
 Setup & review Google Analytics – it tracks new 
leads and website conversion rates (it’s a free tool) 
 Use a CRM to track leads, sales & workflow (they are 
www.profittrans4mations.com 
free to $30/month to get started) 
 Track no. of new sales relative to work done/week 
 Review Net Profit Margin for the previous 3 years
Consider ‘Business Certainty Training’ 
In the 7 month course, you get all the tools you’ll 
ever need for measuring and managing. 
Imagine having a complete management 
reporting system, customised for your business, 
and it could find dozens of profit leaks & profit 
opportunities, including staff with poor attitudes. 
www.profittrans4mations.com
Here are a Few Results 
“Our $2 Million turnover business increased by 
$980,000 in 6 months – without spending more” 
J & A Beech - Spacebusters 
“My profit increased by $120,000 in one quarter 
of 2013, with no extra staff or marketing cost.” 
M. Hampe - M.J. United Plumbing & Drainage 
“We went from struggling for years at $12,000/ 
month to $120,000/month in 7 months” 
D & P Bellamy - Freedom Bathrooms
www.profittrans4mations.com 
What’s Next? 
Step 4 
Planning to Achieve Your Goals 
(Top strategies to increase your profits) 
See more videos & webinar invitations, 
www.profittrans4mations.com

More Related Content

Viewers also liked

1. feladat számviteli változások 2014
1. feladat számviteli változások 20141. feladat számviteli változások 2014
1. feladat számviteli változások 2014bodi1970
 
Coriosolis
CoriosolisCoriosolis
Coriosolismhr56
 
25 08-2014-odf-report-case-of-nadezhda-savchenko-pl
25 08-2014-odf-report-case-of-nadezhda-savchenko-pl25 08-2014-odf-report-case-of-nadezhda-savchenko-pl
25 08-2014-odf-report-case-of-nadezhda-savchenko-plodfoundation
 
Berg ellen 7th braz medchem 12nov2014
Berg ellen 7th braz medchem 12nov2014Berg ellen 7th braz medchem 12nov2014
Berg ellen 7th braz medchem 12nov2014Ellen Berg
 
25 04-2014-odf-45-dni-rosyjskiej-okupacji-krymu-pl
25 04-2014-odf-45-dni-rosyjskiej-okupacji-krymu-pl25 04-2014-odf-45-dni-rosyjskiej-okupacji-krymu-pl
25 04-2014-odf-45-dni-rosyjskiej-okupacji-krymu-plodfoundation
 
Krymskaya voyna 1853-1856
Krymskaya voyna 1853-1856Krymskaya voyna 1853-1856
Krymskaya voyna 1853-1856alkinanadia
 

Viewers also liked (11)

1. feladat számviteli változások 2014
1. feladat számviteli változások 20141. feladat számviteli változások 2014
1. feladat számviteli változások 2014
 
Coriosolis
CoriosolisCoriosolis
Coriosolis
 
25 08-2014-odf-report-case-of-nadezhda-savchenko-pl
25 08-2014-odf-report-case-of-nadezhda-savchenko-pl25 08-2014-odf-report-case-of-nadezhda-savchenko-pl
25 08-2014-odf-report-case-of-nadezhda-savchenko-pl
 
Sprawozdanie 2010
Sprawozdanie 2010Sprawozdanie 2010
Sprawozdanie 2010
 
Google paieska
Google paieskaGoogle paieska
Google paieska
 
Trabajo de economía
Trabajo de economíaTrabajo de economía
Trabajo de economía
 
Sprawozdanie 2012
Sprawozdanie 2012Sprawozdanie 2012
Sprawozdanie 2012
 
Aaah 2
Aaah 2Aaah 2
Aaah 2
 
Berg ellen 7th braz medchem 12nov2014
Berg ellen 7th braz medchem 12nov2014Berg ellen 7th braz medchem 12nov2014
Berg ellen 7th braz medchem 12nov2014
 
25 04-2014-odf-45-dni-rosyjskiej-okupacji-krymu-pl
25 04-2014-odf-45-dni-rosyjskiej-okupacji-krymu-pl25 04-2014-odf-45-dni-rosyjskiej-okupacji-krymu-pl
25 04-2014-odf-45-dni-rosyjskiej-okupacji-krymu-pl
 
Krymskaya voyna 1853-1856
Krymskaya voyna 1853-1856Krymskaya voyna 1853-1856
Krymskaya voyna 1853-1856
 

Recently uploaded

Hyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings releaseHyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings releaseirhcs
 
zidauu _business communication.pptx /pdf
zidauu _business  communication.pptx /pdfzidauu _business  communication.pptx /pdf
zidauu _business communication.pptx /pdfzukhrafshabbir
 
Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)Alejandro Cremades
 
Copyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to KnowCopyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to KnowMiriam Robeson
 
Stages of Startup Funding - An Explainer
Stages of Startup Funding - An ExplainerStages of Startup Funding - An Explainer
Stages of Startup Funding - An ExplainerAlejandro Cremades
 
Toyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & TransformationsToyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & TransformationsStefan Wolpers
 
Equinox Gold Corporate Deck May 24th 2024
Equinox Gold Corporate Deck May 24th 2024Equinox Gold Corporate Deck May 24th 2024
Equinox Gold Corporate Deck May 24th 2024Equinox Gold Corp.
 
Engagement Rings vs Promise Rings | Detailed Guide
Engagement Rings vs Promise Rings | Detailed GuideEngagement Rings vs Promise Rings | Detailed Guide
Engagement Rings vs Promise Rings | Detailed GuideCharleston Alexander
 
Falcon Invoice Discounting Setup for Small Businesses
Falcon Invoice Discounting Setup for Small BusinessesFalcon Invoice Discounting Setup for Small Businesses
Falcon Invoice Discounting Setup for Small BusinessesFalcon investment
 
Cracking the Change Management Code Main New.pptx
Cracking the Change Management Code Main New.pptxCracking the Change Management Code Main New.pptx
Cracking the Change Management Code Main New.pptxWorkforce Group
 
The Truth About Dinesh Bafna's Situation.pdf
The Truth About Dinesh Bafna's Situation.pdfThe Truth About Dinesh Bafna's Situation.pdf
The Truth About Dinesh Bafna's Situation.pdfMont Surfaces
 
HAL Financial Performance Analysis and Future Prospects
HAL Financial Performance Analysis and Future ProspectsHAL Financial Performance Analysis and Future Prospects
HAL Financial Performance Analysis and Future ProspectsRajesh Gupta
 
Salesforce Loyalty Management A Comprehensive.pdf
Salesforce Loyalty Management A Comprehensive.pdfSalesforce Loyalty Management A Comprehensive.pdf
Salesforce Loyalty Management A Comprehensive.pdfqrsolutionsindia
 
Unlock Your TikTok Potential: Free TikTok Likes with InstBlast
Unlock Your TikTok Potential: Free TikTok Likes with InstBlastUnlock Your TikTok Potential: Free TikTok Likes with InstBlast
Unlock Your TikTok Potential: Free TikTok Likes with InstBlastInstBlast Marketing
 
بروفايل شركة ميار الخليج للاستشارات الهندسية.pdf
بروفايل شركة ميار الخليج للاستشارات الهندسية.pdfبروفايل شركة ميار الخليج للاستشارات الهندسية.pdf
بروفايل شركة ميار الخليج للاستشارات الهندسية.pdfomnme1
 
Potato Flakes Manufacturing Plant Project Report.pdf
Potato Flakes Manufacturing Plant Project Report.pdfPotato Flakes Manufacturing Plant Project Report.pdf
Potato Flakes Manufacturing Plant Project Report.pdfhostl9518
 
LinkedIn Masterclass Techweek 2024 v4.1.pptx
LinkedIn Masterclass Techweek 2024 v4.1.pptxLinkedIn Masterclass Techweek 2024 v4.1.pptx
LinkedIn Masterclass Techweek 2024 v4.1.pptxSymbio Agency Ltd
 
Understanding UAE Labour Law: Key Points for Employers and Employees
Understanding UAE Labour Law: Key Points for Employers and EmployeesUnderstanding UAE Labour Law: Key Points for Employers and Employees
Understanding UAE Labour Law: Key Points for Employers and EmployeesDragon Dream Bar
 
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...Björn Rohles
 
Series A Fundraising Guide (Investing Individuals Improving Our World) by Accion
Series A Fundraising Guide (Investing Individuals Improving Our World) by AccionSeries A Fundraising Guide (Investing Individuals Improving Our World) by Accion
Series A Fundraising Guide (Investing Individuals Improving Our World) by AccionAlejandro Cremades
 

Recently uploaded (20)

Hyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings releaseHyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings release
 
zidauu _business communication.pptx /pdf
zidauu _business  communication.pptx /pdfzidauu _business  communication.pptx /pdf
zidauu _business communication.pptx /pdf
 
Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)
 
Copyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to KnowCopyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to Know
 
Stages of Startup Funding - An Explainer
Stages of Startup Funding - An ExplainerStages of Startup Funding - An Explainer
Stages of Startup Funding - An Explainer
 
Toyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & TransformationsToyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & Transformations
 
Equinox Gold Corporate Deck May 24th 2024
Equinox Gold Corporate Deck May 24th 2024Equinox Gold Corporate Deck May 24th 2024
Equinox Gold Corporate Deck May 24th 2024
 
Engagement Rings vs Promise Rings | Detailed Guide
Engagement Rings vs Promise Rings | Detailed GuideEngagement Rings vs Promise Rings | Detailed Guide
Engagement Rings vs Promise Rings | Detailed Guide
 
Falcon Invoice Discounting Setup for Small Businesses
Falcon Invoice Discounting Setup for Small BusinessesFalcon Invoice Discounting Setup for Small Businesses
Falcon Invoice Discounting Setup for Small Businesses
 
Cracking the Change Management Code Main New.pptx
Cracking the Change Management Code Main New.pptxCracking the Change Management Code Main New.pptx
Cracking the Change Management Code Main New.pptx
 
The Truth About Dinesh Bafna's Situation.pdf
The Truth About Dinesh Bafna's Situation.pdfThe Truth About Dinesh Bafna's Situation.pdf
The Truth About Dinesh Bafna's Situation.pdf
 
HAL Financial Performance Analysis and Future Prospects
HAL Financial Performance Analysis and Future ProspectsHAL Financial Performance Analysis and Future Prospects
HAL Financial Performance Analysis and Future Prospects
 
Salesforce Loyalty Management A Comprehensive.pdf
Salesforce Loyalty Management A Comprehensive.pdfSalesforce Loyalty Management A Comprehensive.pdf
Salesforce Loyalty Management A Comprehensive.pdf
 
Unlock Your TikTok Potential: Free TikTok Likes with InstBlast
Unlock Your TikTok Potential: Free TikTok Likes with InstBlastUnlock Your TikTok Potential: Free TikTok Likes with InstBlast
Unlock Your TikTok Potential: Free TikTok Likes with InstBlast
 
بروفايل شركة ميار الخليج للاستشارات الهندسية.pdf
بروفايل شركة ميار الخليج للاستشارات الهندسية.pdfبروفايل شركة ميار الخليج للاستشارات الهندسية.pdf
بروفايل شركة ميار الخليج للاستشارات الهندسية.pdf
 
Potato Flakes Manufacturing Plant Project Report.pdf
Potato Flakes Manufacturing Plant Project Report.pdfPotato Flakes Manufacturing Plant Project Report.pdf
Potato Flakes Manufacturing Plant Project Report.pdf
 
LinkedIn Masterclass Techweek 2024 v4.1.pptx
LinkedIn Masterclass Techweek 2024 v4.1.pptxLinkedIn Masterclass Techweek 2024 v4.1.pptx
LinkedIn Masterclass Techweek 2024 v4.1.pptx
 
Understanding UAE Labour Law: Key Points for Employers and Employees
Understanding UAE Labour Law: Key Points for Employers and EmployeesUnderstanding UAE Labour Law: Key Points for Employers and Employees
Understanding UAE Labour Law: Key Points for Employers and Employees
 
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
 
Series A Fundraising Guide (Investing Individuals Improving Our World) by Accion
Series A Fundraising Guide (Investing Individuals Improving Our World) by AccionSeries A Fundraising Guide (Investing Individuals Improving Our World) by Accion
Series A Fundraising Guide (Investing Individuals Improving Our World) by Accion
 

Business Performance Indicators | Sales KPI Examples | Increasing Net Profit Margins

  • 1.
  • 2. www.profittrans4mations.com Contents of this Video 1. Increasing Profit for FREE 2. Increasing Sales Versus Increasing Profit 3. What to Measure in Your Business 4. Advanced Measuring Insights
  • 3. www.profittrans4mations.com How to Profit for Free Imagine this blue bucket was your business & water coming in the top is enquiries to your business Total Annual Income is the blue bucket size Gold bucket size is Net Profit
  • 4. Every business has dozens of profit leaks, just like the blue bucket! And plugging them is how you can get money for free, and… its super easy to get. There are 2 ways to increase your profit… You can increase enquiries, by spending money, or a lot of time, or you can simply plug the profit leaks – easily found by measuring. www.profittrans4mations.com
  • 5. Measuring Reveals 2 Things www.profittrans4mations.com Where to ‘plug’ Profit Leaks & how to tap into BIG Profit Opportunities They’re both ‘hidden’ in all businesses (by ignorance and assumptions) – but the good news is, both are easy to find with measuring.
  • 6. www.profittrans4mations.com What to Measure The most important figure to know is your business’ Net Profit Margin If its low (low is under 10% if your Turnover is above $700,000), cash-flow stress is common. One solution is to raise your prices, but first…
  • 7. Measure Your Conversion Rates They are a very common “Profit Leak” and cost you Net Profit Margin and cash. They are super easy to increase, almost instantly! Knowing the figure is the start and it often increases by constantly measuring it. www.profittrans4mations.com
  • 8. www.profittrans4mations.com Advanced Measuring Your business has 3 functions, win sales, do the work of the sale and get paid for the sale, seen here Measure $ each week for each leg That reveals trends & trends become your friend This gives you control of your business
  • 9. The Biggest Variable in Business Its your employees. So measuring the quality and time of all activities of them in sales, finance, admin and production areas reveals facts about profit leaks & opportunities. Measuring also reveals staff attitudes & identifies the need for systems, to increase your profits! www.profittrans4mations.com
  • 10. How to Measure – Your Mission  Setup & review Google Analytics – it tracks new leads and website conversion rates (it’s a free tool)  Use a CRM to track leads, sales & workflow (they are www.profittrans4mations.com free to $30/month to get started)  Track no. of new sales relative to work done/week  Review Net Profit Margin for the previous 3 years
  • 11. Consider ‘Business Certainty Training’ In the 7 month course, you get all the tools you’ll ever need for measuring and managing. Imagine having a complete management reporting system, customised for your business, and it could find dozens of profit leaks & profit opportunities, including staff with poor attitudes. www.profittrans4mations.com
  • 12. Here are a Few Results “Our $2 Million turnover business increased by $980,000 in 6 months – without spending more” J & A Beech - Spacebusters “My profit increased by $120,000 in one quarter of 2013, with no extra staff or marketing cost.” M. Hampe - M.J. United Plumbing & Drainage “We went from struggling for years at $12,000/ month to $120,000/month in 7 months” D & P Bellamy - Freedom Bathrooms
  • 13. www.profittrans4mations.com What’s Next? Step 4 Planning to Achieve Your Goals (Top strategies to increase your profits) See more videos & webinar invitations, www.profittrans4mations.com