The best way to boost profits is to lift revenues but keep costs the same.
The other way is to reduce your costs, so every penny saved goes straight to the bottom line.
Increasing revenues comes down to two things: bigger fees or a more efficient team.
In this edition of FTDOMA, I will explain how to reduce costs, negotiate higher fees, and make the team more efficient.
Remember, your target is always the profit you want to make, not the turnover, number of employees, or even number of clients.
Profit, profit, profit – here are three ways to make more of it.
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