KE Institute

Most of businessmen trying to find out how to get profit margin more and more. Competative Market can't be given grantee Business profit margin stabilily. Sometimes we got much and sometimes alittle, sometimes loss profit.This is a way that all of businessman should be follow to get their profit to be more and stable by mentioned below.
1. Figure out your gross profit margin
Know your products or items which have to give you more profit.
2.Analyze your profit margins
Make sure your profit margins which will be covered by all costs and Breakevenpoints.
3. Increase your prices
we need to increase price if our products is differientiate with others and more value to customers
4. Review all your prices
Making sure pricing review which will be linked with marketing startegies.
5. No discounting
No need to discount if your product is more value to customers.
6. Don’t compete on price
If your products is differentiate with others or not substitutable, no need to compete on your price.
7. Take cash discounts from suppliers
Find apportunity to get discounts from suppliers by taking more order or take a lot at promotion time or etc. That can reduce variable costs.
8.Prevent Theft.
SOP need to be systematic for prevent theft.
9. Watch supplier bills
Watch supplier bills for payment control.
10. Use inventory systems
Using inventory systems help you manage all easily for all stakeholders.


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