Christo: Well, hey there! Welcome back to Basic Bananas TV!

So in this tip, I want to go through, well, a common question that we get is just getting more money in the business and often, we‘re always helping people to get more leads and more sales through more customers and more inquiries and things. So, in this one, we‘re going to flip it around and go also, it‘s worth looking at your expenses.

So, one way to increase your profitability, it‘s a tricky word, tongue twister, but, always growing a business in terms of revenue is excellent. But sometimes, we make a business more efficient by even if it‘s plateau – it‘s the same revenue but we‘re getting more profit for the same amount of effort or ultimately, less effort to get a bigger return.

So what I owe you to do from this tip is that we look for these little, kind of profit-deactivator things like little profit areas. So, every activity, consider every activity you do in your business as an expense and consider everything you purchase as an expense. So look at both areas – activities, and ask yourself, can these result in growth for the business? If not, let‘s try and prioritise growth in terms of activities. Same with purchases. So you look at every purchase and go, can this result in growth? Yep? do it first. Or let‘s look at the other expenses and see if we can reduce those.

So what I mean by that is look at suppliers, look at anywhere you spend money. It‘s good to review that maybe once a quarter or once every 6 months, at least, to look at all your expenses and see if you can get better deals from suppliers and things like that because sometimes, that makes the difference in your profit. We‘ve actually had so many inquiries about this one and the different sort of formula, like the different areas in terms of increasing profit that we‘ve made an online class for our webinar and it goes for 45 minutes. We go right in-depth in all the different areas. So not only of course how to get new leads, but then how to increase the frequency of customers to buy more often. Also, how to increase the up-sells so you get more revenue for every single sale you make, how to look at all the conversion points in your sales process to get better returns so they all start to kind of multiple on one another and yeah, how to reduce cost in even more depths.

So, you can simply register. We‘ll put a link in the, here on the video page and also in the email where you‘ve got this. But you sure check it out. It‘s totally free. It goes for 45 minutes. It‘s on BasicBananas.com/class and we go through right and a bunch of examples so you can take from it, ways to find more profit in basically any style of business. Whether you‘re B to B, B to C, products, service, it doesn‘t matter and what size of business. We‘ve kind of boiled it down to find ways to get more profit in pretty much any business.

So, I promise you by the end of that session, you‘ll have found extra revenue and extra profit just by following what we go through in that online class. So, hopefully, I‘ll see you there! Keep making ripple effects of awesomeness and we‘ll see you on the next episode. Bye for now.

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