Business Adventures: Tips and Tricks to Maximize Profits
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About this ebook
This book, Business Adventures: Tips & Tricks to Maximize Profit, is written for the person that needs to know the information and strategies to be a successful business entrepreneur.
It is not enough to merely own a business; you must also analyze your products and services in order to accrue your maximum profit.
In this book we teach you:
•Tips to keep overhead costs low
•Strategies to increase sales
•Calculations to determine profit margin and net profit
•How to figure the Cost of Goods Sold or Services
•How to scrutinize sales to determine price margins
•Keys for a Successful Business Endeavor
•Pricing Strategies
•Cost consolidation
•Loss Prevention
•Inventory Control
•Social Media marketing tricks
Although this does not contain every possible contingency to increase your maximum profits, it will inspire and educate you on possible revenue streams that you may have overlooked.
This book will inform you where you can streamline your organization in order to increase your net profit.
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Book preview
Business Adventures - Larry Ellison
Author
Table of Contents
Introduction
Chapter 1: Experienced Entrepreneurs Elaborate
Chapter 2: Scrutinize to Increase Profit
Chapter 3: Tips for Reaching Your Profit Potential
Chapter 4: Touch Economy? Look Here!
Chapter 5: Compiling Profit Margins Analysis
Chapter 6: Strategies That Work
Conclusion
Copyright © 2016 by Larry Ellison
All rights reserved. This book or any portion thereof may not be reproduced or used in any manner whatsoever without the express written permission of the publisher except for the use of brief quotations in a book review or scholarly journal.
Although the author and publisher have made every effort to ensure that the information in this book was correct at press time, the author and publisher do not assume and hereby disclaim any liability to any party for any loss, damage, or disruption caused by errors or omissions, whether such errors or omissions result from negligence, accident, or any other cause.
Introduction
This book, Business Adventures: Tips & Tricks to Maximize Profits, is written to help the entrepreneur determine the best ways to streamline their business into a lean and mean retail or service provider.
Many business owners have great ideas and successful marketing plans, but watch their profits slip down the drain in unexpected costs and unplanned critical events. In this book, we delineate the different types of unanticipated expenses that may be sucking the profit out of your business. No matter how many sales you generate, if your operating expenses and your cost of goods sold, or cost of sales, are more than the revenue produced your business will not be successful and will not last long.
Our Business Adventure series tackles the main issues of running a successful business. This book is focused on making a profit by streamlining expenses and commanding your share of the market. There are many ideas inside that can be implemented in your organization, as they have been proven to be successful.
We expect that you will find a few secret tricks of which you may never have encountered when you read the suggestions from your peers and industry leaders.
We hope that you will enjoy the success of maximizing your profit for your business.
Chapter One: Experienced Entrepreneurs Elaborate
Running a business takes fortitude and focus. From the many tasks of just operating the business, such as serving the customers, maintaining the supply line, overhead and operating costs, cash flow, updating inventory, training employees and bookkeeping, the business owner has way too many hats and