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The Bottom Line
1. The Bottom Line Seven Strategies That Together Work To Double Your Business Profits Presented by Brendan J. Cunningham, Pres . Excelleron Business Consulting,LLC
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27. RESULTS!! Incremental benefits of 10% in each of these strategic seven areas results in DOUBLE the profits. $148,145 $75,000 NET PROFIT $54,000 $60,000 LESS: Fixed/Overhead Costs $203,583 $135,000 Gross Profit 29.7% 27% Gross Margin $685,465 $500,000 Total Revenues $550 $500 Average Dollar Sale Per Transaction 1,246 1,000 Total Number Of Sales Transactions 27.5% 25% Conversion Rate 4,532 4,000 Total Visits 132 (33% of 10% Of 4K Clients) 0 Visits From Past Customers 3,300 3,000 Visits from Existing Customers (4K CUSTOMERS) 1,100 1,000 Visits From Prospects Dollar Increase in Net Profits = $74,583!! or 97.5%!! BOTTOM LINE NET PROFIT BASICALLY DOUBLED!!