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You don't need to be a 'numbers person' to make your business profitable! With Planning a Profitable Business For Dummies, discover the secrets of financial success and how to generate above-average profits.
Written especially for the Australian audience, Planning a Profitable Business For Dummies explains how to build a business with profit in mind, using smart pricing techniques and clear-eyed strategic planning. Whether you're just getting started in business or still recovering from lockdown losses, this book points to where extra profits might lie.
Flip through these pages to learn the importance of competitive positioning, smart pricing, and how best to secure an enduring advantage over your competitors. Reflect on how you can transition to becoming an entrepreneur, rather than just a business owner, and why this distinction is so important.
* Make a safe-and-sound transition into working for yourself by using proven business strategies
* Discover the fundamentals of financial projections, margins, and ratios -- even if you aren't a math whiz
* Secure finance for your business and manage your working capital wisely
* Identify savvy expense-saving ideas, and, when the time is right, sell your business for the highest price
Business owners need straightforward, practical tips that ensure that extra edge of profitability. Find these tips inside Planning a Profitable Business For Dummies, and pave your path to financial success.
List of contents
Introduction 1
Chapter 1: Building a Business with Profit in Mind 5
Chapter 2: Finding Your Competitive Edge 19
Chapter 3: Staying One Step Ahead 33
Chapter 4: Guarding Your Working Capital 45
Chapter 5: Pricing for Profits 57
Chapter 6: Setting Sales Targets With Profit in Mind 67
Chapter 7: Modelling Business Scenarios 83
Chapter 8: Making Magic with Margins 103
Chapter 9: Using Reports to Boost Your Profits 123
Chapter 10: Ten (Almost!) Tips for Improving Your Bottom Line 139
Chapter 11: Ten Tips for Selling Your Business 147
Index 159
About the author
Veechi Curtis is a qualified accountant and consultant who loves the challenges and rewards of building successful businesses. She is the author of
Bookkeeping For Dummies, MYOB® Software For Dummies and
Creating a Business Plan For Dummies.
Summary
You don't need to be a 'numbers person' to make your business profitable! With Planning a Profitable Business For Dummies, discover the secrets of financial success and how to generate above-average profits.
Written especially for the Australian audience, Planning a Profitable Business For Dummies explains how to build a business with profit in mind, using smart pricing techniques and clear-eyed strategic planning. Whether you're just getting started in business or still recovering from lockdown losses, this book points to where extra profits might lie.
Flip through these pages to learn the importance of competitive positioning, smart pricing, and how best to secure an enduring advantage over your competitors. Reflect on how you can transition to becoming an entrepreneur, rather than just a business owner, and why this distinction is so important.
* Make a safe-and-sound transition into working for yourself by using proven business strategies
* Discover the fundamentals of financial projections, margins, and ratios -- even if you aren't a math whiz
* Secure finance for your business and manage your working capital wisely
* Identify savvy expense-saving ideas, and, when the time is right, sell your business for the highest price
Business owners need straightforward, practical tips that ensure that extra edge of profitability. Find these tips inside Planning a Profitable Business For Dummies, and pave your path to financial success.
