Videos

Maximising Your Profit | Six Steps to Results

What are the best steps towards business success?

Business Coaching Videos: Six Steps to Results

Building your business is like climbing a stairway.

In this video, we’ll look at six key steps that if you can master, you’ll become a highly successful business owner. That is someone who receives strong profits from one or more businesses but does not have to work in any of them.

These steps are Mastery, Niche, Leverage, Team, Synergy and Results.

The concepts in this video come from ActionCOACH a global business coaching organisation.

Watch Video Eight: Six Steps to Results

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If you are struggling with the topic in this video, or want to improve this area of your business with new strategies and a proven formula for success, then complete the form here now, to book an obligation free consultation with Phil Latz.

Phil will meet with you for one hour, free-of-charge, to listen to your current situation. He will help you to hone in upon the key issues and strategies that will make the most impact, no strings attached.

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Maximising Your Profit | Do You Understand the True Cost of Discounting?

How does discounting prices affect my business?

Business Coaching Videos: Do You Understand the True Cost of Discounting?

One of the quickest and easiest ways to destroy the profit of your business is to give your customers excessive discounts.

In this video we’ll look at when discounting is a good idea and when it is not.

You’ll also find out through examples exactly how much more volume you have to sell to make up for the lost profit when you discount.

Hopefully, these figures will make you think twice about how you can reduce your discounting!

Finally, we’ll look at how price is only one element of the value equation that customers work out, even subconsciously before they buy.

Watch Video Seven: Do You Understand the True Cost of Discounting?

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Maximising Your Profit | Five Ways to Increase Profitability

How can you increase the profit in your business?

Business Coaching Videos: Five Ways to Increase Your Profitability

In this video, we’ll explore five key ways to increase the profitability of your business.

Thanks to the magic of exponential equations, if you can increase your profitability by even a small percentage for each of these five ways, the total effect upon your bottom line is surprisingly large!

Watch Video Six: Five Ways to Increase Profitability

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Maximising Your Profit | Put Your Profit First!

Should a business focus on profit or revenue first?

Business Coaching Videos: Put Your Profit First

Have you slogged away in your business (or your regular job) for years and wondered where all your hard-earned money goes?

Why don’t you ever seem to have much to show for your hard work after all of your bills have been paid?

In this video, we’ll explore the principles from the book Profit First, which recommends a new system that accepts and accommodates our human frailties, rather than attempting to deny them.

Traditional accounting says, ‘Sales minus expenses equal profit.’ Profit First says, ‘Sales minus profit equals expenses!’

How could such a small change make such a big difference? Watch the video to find out!

Watch Video Five: Put Your Profit First!

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Maximising Your Profit | Cash is King!

What is better cash or profit?

There’s an old saying, “Turnover is vanity, profit is sanity and cash is king!”

We looked at the first and second part of this saying in the previous video. In this video, I’m focusing upon the final part: ‘cash is king!’

These days cash is not just ‘folding money’ but any form of readily available liquid asset.

This video will give you tips about how to stay liquid, how to make money from your cash and why cash will keep you in control!

Watch Video Four: Cash is King

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It will only take you 30 seconds to activate change! You have everything to gain and nothing to lose!

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