Improving Business Profits

by John Taylor

This course takes a comprehensive look at how to improve profitability. Discover the processes necessary for enhancing revenue, optimising costs, eliminating waste and maximising assets and finance.

price £75+vat
cpd hours 4 CPD hours
access 120 days' access

This course will enable you to

  • Create a good foundation for business success and improving profits
  • Apply practical approaches to improve revenues keeping the existing customer base in mind
  • Deploy different methods designed to optimise costs, deliver value, eliminate waste and non-value-added costs
  • Identify practical ways your business can make use of its assets and control its liabilities
  • Understand why motivation and communication are key in establishing realistic objectives

About the course

As accountants, we are always looking for ways to improve profitability. But how do you increase sales and reduce cost at the same time? For sustainable improvements, you need to put in place a structured approach that looks across the whole business to improve productivity.

This course takes a comprehensive look at the options you and your clients have for long-term improvement. You will learn how to control costs by examining pricing strategies and margins. Discover how to maximise customer profitability, through controlling inventory, eliminating waste and you'll look at ways to boost profits by making use of assets and controlling liabilities.

Look inside

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Contents

  • Building the foundations for success
    • Key motivation factors
    • The importance of communication
    • The process of communication
    • Setting business objectives
    • Key success factors
    • Diversification
    • Improving business processes
    • Going digital
  • Improving revenues
    • Customer profitability analysis
    • Brand value
    • The product life cycle
    • Product planning
    • New market barriers
    • Pricing issues
    • Maximising gross margin
    • Upselling
    • Innovation strategies
  • Optimising costs
    • Cost optimisation
    • Identifying opportunities
    • Who is responsible?
    • Strategic initiatives
    • Waste reduction
    • The basis for costing
    • The supply chain
  • Maximising assets and finance
    • Considerations
    • Budgeting
    • Tangible assets
    • Managing cash
    • Inventory management
    • Manging receivables
    • Managing payables

Author

John Taylor

Specialises in dealing with problems faced by large family-owned companies. Freelance author and lecturer.

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Access to this course
Total CPD unitshourshours4 unitshourshours21 units20 hours21 hours1,000+ unitshourshours1,000+ unitshourshours
Access period120 days120 days12 months12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your teamís needs
Learn moreLearn moreLearn more
Recommended

Why not upgrade?

Find the best way to complete your CPD

Licence

All you need for this year and more.

Access to this course
Total CPD unitshourshours1,000+ unitshourshours
Access period12 months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Course

Need just a few unitshourshours?

Access to this course
Total CPD unitshourshours4 unitshourshours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs

Why not upgrade?

Find the best way to complete your CPD

Pick n Mix

All you need for this year's CPD.

Access to this course
Total CPD unitshourshours21 units20 hours21 hours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Team

Keep your whole team up to date.

Access to this course
Total CPD unitshourshours1,000+ unitshourshours
Access period12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Licence

Recommended

All you need for this year and more.

Access to this course
Total CPD unitshourshours1,000+ unitshourshours
Access period12 months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Course

Need just a few unitshourshours?

Access to this course
Total CPD unitshourshours4 unitshourshours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs

Pick n Mix

All you need for this year's CPD.

Access to this course
Total CPD unitshourshours21 units20 hours21 hours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Team

Keep your whole team up to date.

Access to this course
Total CPD unitshourshours1,000+ unitshourshours
Access period12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

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