The Fix This Next method always addresses profit as one of the core parts of your business’s hierarchy of needs. After all, any business needs to be making a profit to survive. Many businesses are making sales handover fist but are not seeing a profit to match. The Fix This Next method often discovers that your profit situation as the next issue to address. And, Fix This Next Coaches identify the specific problems that are keeping sales from turning into handsome profits.
After sales to create income, profit is the next step for any business. You need to be selling enough widgets to create cash flow. But,you need to be charging enough for them to make each transaction profitable. And, you need to be able to track your costs of production, inventory maintenance, advertising, and total overhead. Otherwise, you will be like far too many business owners who are basically running a charitable organization that provides wonderful products and services, employs lots of people, and does so without a profit!
