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Increase the Average Transaction Size

Increasing the average transaction size will increase sales revenue. For example, a 20% increase in average transaction size will result in a 20% increase in total sales revenue.

How to Grow Your Fees 316% in a Year

Unni Ashok, a TaxFitness subscriber since June 2017 has recorded fee growth of 316% for the 2019 financial year.

Public Company Limited by Shares

Unlike private companies, under the Corporations Act public companies can raise capital from the public, and have unlimited shareholders.

Raise Your Prices 10%

Raising your selling prices will increase sales when your product or service has an inelastic demand curve i.e. when you raise prices and there is minimal or no change in volume sold.

Lower Your Prices by 10%

Lowering your selling prices will be a profitable strategy if lower prices produce greater gross profits due to increased sales volume even though profit per unit has fallen.

Proprietary Limited Company (Limited by Shares)

Proprietary limited companies are the most common company structure in Australia and account for 98.5% of all companies.

5 Keys to Establishing a Profitable Tax Planning Division

Within 12 months, we need to achieve tax planning revenue equivalent to 10% of the practice’s revenue.

Upselling

Upselling is more successful when the up sellers know more about the individual customer and understands what the customer values and wants.

5 Keys to Establishing a Profitable Tax Planning Division

5 keys to establishing a profitable tax planning division. Within 12 months, we need to achieve tax planning revenue equivalent to 10% of the practice’s revenue.

Partnership of Discretionary Trusts

A partnership of discretionary trusts is a partnership where each partner is a discretionary trust.
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