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7. Annual Sales - $1,000,000
No. of staff - 10
Net Profit - $50,000
Annual Sales - $500,000
No. of staff 5
Net Profit $75,000
Business 1
Business 2
8. In other words, would you like to
have 5 less staff to manage, and
have $25,000 more Profit?
9. I‘ll go over the answers soon, but
there’s one more question I want
to ask you, before I make a very
powerful point
10. If your Annual Sales were
$1,000,000 & Net Profit was
$50,000, how would you feel if
Sales reduced to $800,000, but
your Net Profit went up to
$100,000?
11. This is an extremely important
and relevant question!
12. If your answer before was
Business 2, that you’d prefer the
$500,000 Annual Sales business,
with $25,000 more Profit and
with 5 less staff…
13. There’s an easy way to achieve a
similar outcome in your business,
if your business is in a service or
manufacturing industry, with
Annual Sales of $500,000 or more.
14. This strategy only really works for
a service or manufacturing
industry business, with Annual
Sales of $500,000 or more.
15. You can still use the strategy I’m
going to show you if your
business is smaller, but there are
other variables to consider.
22. That’s assuming you don’t lose
any customers, and we’ll look at
that scenario soon
23. The 10% price rise means there’s a
$100,000 increase in Sales but that
increase is 100% PROFIT - because
there’s no cost involved!
24. Add that $100,000 to the initial
profit of $50,000 & its now
tripled! Its increased to
$150,000!
25. If you lost 20% of the Annual
Sales after the price rise, the new
yearly figure would be $900,000
26. The original Net Profit was
$50,000 on $1,000,000, or 5%.
With the reduced Annual Sales it
would be 5% of $900,000 or
$45,000
27. That’s $145,000 Net Profit based
on the original $50,00, (with the
$100,000 increase from the price
rise)
28. Its still nearly triple the profit, if
we assume there is a 20% drop
in sales from the price rise.
29. What if there’s no loss of sales?
For over 20 years I’ve measured
before and after price rises of
10% to 40%, to get the FACTS!
30. You’d be shocked to hear the
FACTS of measuring with 500+
businesses, before & after a
price rise
31. 90% rarely lost any customers, &
not 1 service or manufacturing
business lost any profit
32. I’m going to talk more about
completely avoiding all risk of a
profit loss after raising your
prices in video 7
33. The majority of business owners
don’t understand business
numbers, & are seriously missing
out on HUGE Profit benefits
because of it
34. If you’d like to turn ignorance into
profit, to understand business &
numbers more, you can learn
more for free in an upcoming free
online training meeting
35. For a limited time I’m giving
away a copy of my book that will
explain more than this video…
36. Grab it with Your Name & Email
You’ll instantly get my book, plus be on
the ‘Invitation List’ to my next Profit
Strategies online training meeting.
Act Now, grab the book & start
increasing your profits today!