3 tips to help you build a more profitable business

Tip 1 – Dreaming alone isn’t enough!

It’s fine to have dreams about being wealthy one day but only if you put actions in place to achieve those dreams. Start by focusing on small, simple things you can do to increase the revenues of your business. It might be to attend 1 networking event each week or make 5 prospecting calls each day. Getting in front of more people will generate more enquiries which should lead to more sales and hence, more profits. This is a very realistic, achievable way to increase wealth.

Tip 2 – Do you really need it?

It’s easy to be enticed into thinking the latest technology will make your business life easier. But it isn’t always true. Before you make the decision to update your devices or phone ask yourself:

• Will this plan save me money or cost more?
• Will this new device shorten my work day?

Unless the new device will save you money or time, you probably don’t need it yet!

Tip 3 – Know your numbers

If you don’t thoroughly understand your financial situation both in your business and personally, you will never get ahead. That doesn’t mean you need to spend your weekends going through your accounts and statements. It simply means getting the help you need to manage your money better. That’s where we can help.

For straight-forward, practical accounting, taxation and financial advice
contact our knowledgeable team at SVA and WPA by calling 02 8850 0388.