Do you know how much your business needs to make a profit?
In the last blog post we discovered how much profit a your business needed to make to be able to pay its bills. We build on that concept and calculate how much the business needs to sell to make the profit you want.
It is important to know how much your business needs to sell to be profitable. By having a measurable target you can quickly identify how much you need to sell that week or month. Armed with this information you can continually track your progress. Just by measuring you will naturally manage this area of your business.
Check out the video below to see a simple way to set sales targets.
[su_youtube_advanced url=”http://youtu.be/vXqloSbPgf4″ width=”780″ showinfo=”no”]Tags: Business Coaching Profit