lean business

How to Maximise Profit: Business Owners Share Their Secrets

How to Maximise Profit: Business Owners Share Their Secrets

When running a small business, making a profit is vital to your existence. A constant challenge for any enterprise, it probably serves as the most fundamental thing you strive for as a business. With only half of small businesses reaching their fifth birthday, we’ve gathered insights from some of the country’s top small business owners on keeping lean, maximising profits and avoiding costly mistakes. 1. Keep it lean “I think that it’s really about scrutinising spend to some degree. It’s amazing how creative you can be with quite a small budget, and I think one of the things that happens to large businesses is that they lose sight of the ability to do that. I’m always really looking constantly into how to get more value out of the things that we’re doing – particularly in marketing.” ... »