The Profit Curve – Market Profitability
The profit curve of a firm is the total revenue (TR) curve less the total cost (TC) curve. these curves display the fluctuations of cost or revenue (Vertical Axis) at a given levels of output (increasing along Horizontal Axis). Along the section of the curve where Total Cost is below Total Revenue, the point at […]
The Profit Curve – Product / Service Profitability
The profit curve of a firm is the total revenue (TR) curve less the total cost (TC) curve. these curves display the fluctuations of cost or revenue (Vertical Axis) at a given levels of output (increasing along Horizontal Axis). Along the section of the curve where Total Cost is below Total Revenue, the point at […]
The Profit Curve – Sales / Marketing Profitability
The profit curve of a firm is the total revenue (TR) curve less the total cost (TC) curve. these curves display the fluctuations of cost or revenue (Vertical Axis) at a given levels of output (increasing along Horizontal Axis). Along the section of the curve where Total Cost is below Total Revenue, the point at […]
The Profit Curve – Customer Profitability
The profit curve of a firm is the total revenue (TR) curve less the total cost (TC) curve. these curves display the fluctuations of cost or revenue (Vertical Axis) at a given levels of output (increasing along Horizontal Axis). Along the section of the curve where Total Cost is below Total Revenue, the point at […]
The Profit Curve – People Profitability
The profit curve of a firm is the total revenue (TR) curve less the total cost (TC) curve. these curves display the fluctuations of cost or revenue (Vertical Axis) at a given levels of output (increasing along Horizontal Axis). Along the section of the curve where Total Cost is below Total Revenue, the point at […]
The Profit Curve – Personal Profitability
The profit curve of a firm is the total revenue (TR) curve less the total cost (TC) curve. these curves display the fluctuations of cost or revenue (Vertical Axis) at a given levels of output (increasing along Horizontal Axis). Along the section of the curve where Total Cost is below Total Revenue, the point at […]
Cash Flow and your P & L
Increase Your Cash Flow and Avoid Business-Killing Problems – Understanding Your P&L and What It Reveals About Your Business Nearly one in five businesses in the U.S. fail within its first year. Want to know the number one reason why? Cash flow problems. If not managed correctly, cash flow can be a literal business killer. Keeping […]
Manager’s Minute – 4 Tips for Successful Business Growth
Businesses face a number of challenges as they grow, from cash flow problems to failing to nurture a positive company culture. What about yours? Have you hit a wall when it comes to business growth? Does it seem that you can’t reach your sales goals no matter how often you adjust your business strategies? If so, don’t […]
How to Raise Prices and Keep Your Customers Happy
Let’s face it, the cost of living is never going to stop increasing. Despite the epidemic’s depressing business activity, last year, we saw an inflation rate of 1.23 percent and we’re currently experiencing higher inflation rates. Moreover, in some locations, the cost of housing is soaring at double digit rates. So, what does this mean for your […]
Customer Service Fuels the Sales Engine
A Business Owner business’s ability to satisfy its customers is the critical determinant of success in driving sales and growing the business. One significant strategy is growing your sales is to sell more to your present customers. Get them to buy more or get them to buy something new in addition to what they normally […]