increasing profitability

Increasing Sales: Could An Incentive Scheme Work?

Increasing Sales: Could An Incentive Scheme Work?

Increasing your company sales, doesn’t just have to be about increasing your sales team and their working hours. A sales incentives scheme can help give your salespeople the right tools, mindset, and work ethic they need to deliver more sales for you.  What you need to boost your sales team’s sales When thinking about ways to increase your company’s sales, some business managers might consider adjusting your sales team numbers – increasing the size of the workforce and the hours worked – is the right solution. Others might think training to improve sales technique, broaden skillsets, boost knowledge and, consequently, confidence, is more important. But while doing all this can certainly help, there are other factors that can make a difference and increase your sales too. This is about impr... »

How You Can Increase Profitability in Your Business

How You Can Increase Profitability in Your Business

It would be nice to think, as a business owner, that you can just sit back and let the cash roll in. However, as we all know, profitability is a constant challenge, and creating and increasing it is perhaps the most fundamental – and difficult – part of running a successful business. Sometimes it is a matter of changing something obvious about your company that can provide an instant shot in the arm for your company profits. More often, however, increasing profitability is about putting the right foundations in place for gradual, long-term improvements. In this article we will examine the ways your business can boost profitability in the short and long-term – read on to find out more. What are some ways I can instantly boost my firm’s profitability? Before you look at the more techni... »