Getting Started to better Profits Article Count: 6
Learn how to make the best use of the Profit Accelerator Academy Smaller Business Management Knowledgebase by taking a minute to read how it is structured.
Growing Profits with Profit Savvy Article Count: 2
Rapid Profit Growth Roadmaps
The Profit Savvy principal focus is demonstrating Pathways to Profit that are structured to guide you through steps that you can take to improve your profit as quickly as possible.
There are many ways to profit and many different types of business so there are many paths to profit.
But many of the principals remain the same;
- focus on the few comparatively important contributors to your profit
- improve them as quickly as possible to optimize your profit making as the first pass then
- open up the throttle to expand your business and have a second pass at further increasing your profits.
Start with the articles here to begin your road to increased profits.
Profit Autopilot Article Count: 5
An easy-to-follow guide to configuring your business for Profit.
Start with the Profit you want and work backwards from there.
Double Profits in 100 Days Article Count: 1
A straight-forward, structured, approach to streamlining your existing business to rapidly improve your profit
Double Profits Again in a Year (DP365) Article Count: 4
This is a group of several articles covering our "Double your Revenue and Double Your Profit" (DP365) Profit Accelerator strategy.
Plan It: Profit Planning, Brainstorming Article Count: 18
Planning for Profit
Profit may happen by accident but maximum profit is going to require planning.
This collection of articles brings together a host of planning techniques that will contribute to your road map to larger profits.
Brainstorming for Profit
But often you can't start planning till you have good ideas to build on.
This collection of articles on brainstorming for profit avenues will help you and your team turn up new and innovative approaches to profit making.
Sell It: Improve Sales, Improve Profit Article Count: 2
Profit comes from Revenue. Revenue comes from Sales. Increasing sales means working on your type of customers, pricing and value and the sales process or the elements in your sales funnel.
Price and other Customer Values Article Count: 1
Customers buy according to their assessment of value. Value is different with different customers. See how to build value for your target customers.
Sales Processes Article Count: 2
Selling to a customer is a journey or process from before they even know about you until they purchase; and preferably return again and again to purchase. We use the common phrase "Sales Funnel" for this journey and list our relevant information articles under this heading.
Customer Focus Article Count: 1
Not all customers are worth chasing! In fact, working with fewer customers can dramatically boost your profits. Finding and focusing on these best customers are covered here.
Internet Selling Article Count: 6
Sales over the Internet is a booming industry. This collection of articles gives you useful tips on how to take advantage of Internet sales opportunities.
Streamlining for Profit Article Count: 9
Streamline for Profit Growth
You can likely grow profits with what you have and in just months.
You don't have to get more resources or wait for a long time for the ship that is your business to change course.
The quickest path to profit is to streamline or optimize what you are already doing.
These articles will help with that process.
BTW, these are some of the most important "tools" that we can recommend to you so its well worth the time learning about them.
80/20 Profit Optimization Article Count: 6
We often refer to the 80/20 Rule throughout Profit Accelerator because we believe it is a great tool to ensure you and your business only focus on the "vital few" things that will make the most difference. In our opinion, this is a tool you should become very familiar with and hence our emphasis on it. You can also find 80/20 articles by clicking on their tag
Release the Bottlenecks on Profit Growth Article Count: 6
The Theory of Constraints (TOC) teaches that you should first find and optimize any constraints in your business. Until this is done, much of your efforts on improvement can be wasted. We refer to TOC often in Profit Accelerator. You can also find TOC articles with their tag
Profitable Inventory Management Article Count: 4
Inventory Management Improvement to Boost Your Profit and Cash flow
Inventory has a major impact on both your profitability and your cash flow.
From the profit viewpoint, if you don't have the right items in stock, you can't sell them. Therefore you forgo the income that you might have otherwise made.
From the cash flow aspect, if you have excess inventory, it ties up cash so your cashflow suffers. You might have to borrow more and that brings in interest costs as well; which further damage your profitability.
This group of Profit Accelerator Academy articles offers our distilled wisdom on inventory management for profit and cashflow.
People and Profits Article Count: 9
The Human Element in Profit Growth
In the Profit Accelerator Academy, we think of "people" as a vital 'glue' that makes the business function.
People are essential in business and as contributors to optimizing your profit making.
This group of articles collects Profit Accelerator Academy articles on the human resource.
You First: Your Contribution to Profit Article Count: 6
How you can contribute to Profit Growth
As an owner or manager in a business, you may need a reality check on whether you are ready , willing and able to lead your business to improving its profits.
Measure It: important data to track your profitability Article Count: 3
Though collecting data like accounting information is boring to many, it can give valuable insight into your company's performance and evn more importantly, the trending direction it is taking so you get an early warning if things are worsening.
Money Management for Profit Article Count: 5
Money is the lifeblood of business. This collection of articles discuses cost management, cashflow, and accounting.
Industries Article Count: 3
Industry Specific Suggestions
Business ranges across many industries and styles of operation. We group our business wisdom into industry types so you can quickly find information likely to be most relevant.
Sample industries includes;
- retail; including wholesale
- manufacturing; including construction and any other industry with an 'assembly line', project management and inventory
- professions like legal, interior design and others service industries essentially selling people's time and knowledge
- hospitality like dining, accommodation
Business Life Stage Article Count: 7
Businesses, like people, have a startup phase then growth, aging and sometimes businesses get unhealthy. We collect articles and plans for these various life stages under this category.
Introductory Article Count: 14
General information about the Profit Accelerator Academy.