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From the category archives: Blog

Profit Improver Strategies

Calculate the True Value of a Customer

By calculating the true value of a customer, or potential customer, it places a value on the total sales and profits generated by the customer over their lifetime with the business. 

Operate Your Business from Home

Operating your business from home is an option if you predominantly work at client premises, deal with clients predominantly over the phone & internet, or need a small office.

Relocate to Smaller Premises

Reducing space usage and relocating to smaller premises will reduce rent costs (where the new premises have a similar cost per metre as the current premises). 

Sublease Part of the Premises

If you have unused space, subleasing part of your business premises to a third party is a great short-term strategy to reduce some of your fixed costs.

Ask for a Rent Reduction

This strategy involves asking the landlord for a rent reduction.

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