How to Build a Predictable Path to Profit

How to Create a Predictable Path to Profit

Are you looking for predictable, profitable growth in your business?

Lack of predictable profitability and cashflow and profitability in your business is one of the greatest forms of stress in any business. But when you can predict your sales, it gives you peace of mind and enables you to focus on the lowest common denominator to serve and add value to your customers.

It IS possible to predict your cash flow by knowing the leading indicators by knowing what does and doesn’t makes money in your business.

I will show you how to build a predictable path to profit and once you know your winning formula, you can tweak and amplify it to dial up your business as much as you like just by adding more into the top funnel in your marketing.

Before we start, know your numbers and what services and value you’re offering. This will help you determine what works and makes money in your marketing, and what doesn’t.

The Key numbers you need to know in your business are:
– Conversion rate.
– Average dollar sales.
– Margins.

For example:
I asked my client Adrian to list down his average dollar sales on every single one of his products. Then we listed down his margins (cost and profit made). Finally, we looked into his conversion rates and for the sake of this video, we’ll say his rates were 50%. This helped Adrian determine his quoting system to sell these products so that he could make his profit.

It enabled him to set an exact quoting system and sales target in order to build a predictable process to making money.

This video explains in more detail with two major examples on how you can implement this system to predict your profit.

Rob Kropp

Founder – Pravar Group

 

Are you a Trades, Construction or Service Based Business doing over $1 million per annum and want to release the time and financial constrains in your business and life?  Click here for your FREE strategy call and learn how we can help you restructure your business in a way that quickly unlocks growth and profits enabling time freedom and most importantly reconnection with your family.

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