Maximizing & Optimizing Profit: Pricing Reviews, Competitor Positioning and Strategic Efficiencies
Episode description
As we roll full steam ahead into Q3 for 2022, it’s time for a check-in. Are you reviewing your business performance from the first half of the year? How about your finances? If not, now is the perfect time to take a look and check your progress against your goals, because you’ll want to know where you stand going into today’s episode, so you can come out with a plan for maximizing your profits.
Today, we’re looking at the 5 key areas for opportunities in stretching out profit margins and maximizing our revenue. Now is the time to not only fine-tune your sales strategies for the back half of 2022, but also start planning for 2023.
In this week’s episode, I dive deeper into the five things you should focus on to increase profits, planning out for 2023, reviewing business performance and much more.
Within those five categories are chances to reevaluate and restrategize some operations in order to optimize those profit margins, all without having to simply increase your quantity of sales.
You’ll Learn:
- Preparation for the second half of 2022, plus 2023 Q1
- The importance of pricing/cost reviews and what to look at
- How reviews can help you strategize
- Five areas of focus to increase profit
Links:
She Means Profit Blog: http://shemeansprofit.com/
5-Step Roadmap to a Profitable Biz: https://melissahoustoncpa.lpages.co/5-step-biz-finance-roadmap
Work with me: https://shemeansprofit.com/offers/
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