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Funding a business
Simple ways to increase your business finance
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[QUOTE="Hina, post: 80916, member: 28821"] general rule in your financial success in business is that you cannot increase profits [I]directly[/I], only [I]indirectly[/I]. You cannot just say that you are going to increase profits of your business without some specific strategy. The only thing that you can do to increase profits is to improve the variables that ultimately determine your level of profitability. When you improve these 10 variables about your business you will increase profits and affect your bottom line, Lead generation Lead conversation No of transactions Size of transactions Profit margin par sale Cost of customer acquisition Increasing customer referrals Eliminate costly services and activities Reduce your break even points Raise your prices [/QUOTE]
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