Improve results

by Peter Nunes d’Agrella

This must always be a main goal and can be realized with the following activities:

a) More sales, by

• more sales volume
• price increase or decrease
• product development
• intensive promotions
• motivated and enthusiastic (sales) staff

b) Less cost, by

• careful planning
• more competitive purchasing
• lower stock
• lower working capital
• lower debtors total
• less bank overdraft
• avoiding unnecessary expenditures or investments
• less personnel
• smaller offices

An excerpt from PlanMagic Business.

Contributed by JD at 3:10 pm under Business development.