4. A Profit Center is a basic small business function or set of activities when done with more efficiency or effectiveness leads to increased profitability.
5. For example, if you can produce more sales by streamlining your sales steps to take less time and produce even more results, your Marketing Profit Center then becomes more profitable - Profit Solved!
15. The most critical of the 3 steps to success to be able to say "Profit Solved" is monitoring results and making any necessary adjustments.
16. Good reporting procedures are needed to know what's happening with your Profit Plans for each Profit Center you're focused on.
17. This is the step that closes circle of the Profit Solved cycle.
18. If a Profit Plan is not working: refocus the Profit Center and revise the Profit Pan and resume monitoring.