Many businesses that computerize never take advantage of the software capabilities at their disposal but to maximize your results and increase your profits follow these rules and your profit will increase.

Focus on some simple objectives

1/ Increase sales by 5%

2/ Increase margin by 5%

3/ Decrease expenses by 5%

The end result is a 71% increase in profit

Plan your buisness Growth- If you are starting a new business, Buying a business or growing an existing business then a business plan or road map is essential, it will help you finance cash flow, plan inventory and know about headaches before they happen.

Inventory- Your secret to success, for most businesses the biggest investment is in inventory so the right plan is invaluable Contact Us for more information on how to plan your business growth.

Plan your sales and marketing Growth- If you sell to 100 people with average sales of $1000 per person then plan to increase your number of sales to a 5% growth and increase the average sale by 5% by setting activity goals your dollars will follow. Co-ordinate your marketing plans to focus on specific areas like industries or geographical regions. For more information contact Us

Plan your Inventory- start with the right number of departments then break them into categories. Demand = supply if your days, weeks or months of supply at your current rate of sale for the business = X then some departments must be above X to get an average and some must be below, now its time to analyse where the changes need to occur and answer some questions for yourself. Where do I have a stock shortage? Where do I have stock excess? if 15% of sales are in Department A then generally speaking 15% of my stock on hand should be in department A. For more information contact Us

Margin- What is your total Gross margin? Some departments must be above the average and some must be below to get an average, so adjust your product mix to improve your position, what are your markdowns or discounts for the entire business? then break them down by department to see what is above and below the average? where can you make changes to improve you position? For more information contact Us

The result- the interesting thing that is overlooked by many is if you improve your supply to equal your demand your missed sales reduce and your sales by default increase as you have more in stock of what your customers want, its almost impossible to measure your missed sales but its surprising to see what real impact it has on your sales.

Reduce your expenses as a percentage of sales- For most businesses the 2 biggest expenses are rent and wages while there is not always as much that can be done about rent than other parts of the business, productivity improvements are the fastest way to reduce your expenses, also payment methods and improved systems will make a huge impact on the business. Keeping track of your monthly Profit and Loss and balance sheet will help you control your destiny and improve your cash flow.  For more information contact Us

Our goal as a company is to help you increase your profit and with the right software, the right systems and the right knowledge we have put together weekly, fortnightly and monthly check lists that will help you achieve these objectives, we have assisted many businesses and its not an overnight job so start today and contact Us for ways to make more profit from your business.

*The Above statement is based on the average business that has Gross sales of $1,000,000 or more, if your gross sales are less then your profit increase is expected to be less and Visa-Versa. The same principles apply regardless of your business size, our goal is to help you make more profit using the right tools and turn the I.T. priciples into a reality that increases your bank account.