E.O.W (End of the Week) Notable Tip: Unprofitable Factors in the industry

Happy Friday!

I hope you’ve had a great week.

Today, I want to discuss unprofitable activities/factors that your company may be utilizing a great deal of resources on.

“By understanding your customer’s priorities you are able to shift resources to activities that drive value and profitability, in turn, eliminating those factors that yield no profits and realizing opportunities to create new factors that have not been offered before. It is critical that your accounting team is aware of the activities and customers that offer the most profit by creating and maintaining a Customer P&L sheet. “

 

As always, “Success is continuous improvement!”

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E.O.W (End of the Week) Notable Tip: Numbers Vs People

Happy Friday!

I hope you’ve had a great week! Read below for the EOW for today, Friday, October 6, 2017.

“When it comes to safeguarding the bottom-line, hitting the numbers is the only focus. This narrow thought process causes leaders to lose sight of what truly drives those numbers and that is their employees and customers. When employees and client satisfaction is made top priority revenue/profitĀ  follows.”

 

I hope you’ve enjoyed this tip!

As always, “Success is continuous improvement.”

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