Apr 29, 2020
In this podcast, Alison talks about the importance of knowing your numbers in your construction or trade business and explains the key metrics to measure in a simple way.
Gross Profit, Overheads, Net Profit – all these terms can appear overwhelming if no-one has ever explained them to you, but it is vital that you are tracking them in order to understand how your business is doing. If you are making decisions without using these metrics and based on your gut, this could be dangerous!
Often there are easier ways to increase profits, other than just growing sales, Alison shares a real-life example of a business that dramatically improved profitability by approaching it in a smart way.
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