Profits And Business Mentor
Profits = Revenue less All Expenses. Simple.
However, what’s is considered a Good Profit?
That very much would depend on how we manage Revenue and Expenses, Working Capital management and if the Cash From Operation so generated would be more than sufficient to cover Loans Repayment, and still available for Dividends to Shareholders and Reserves set aside for future Expansion.
Managing Revenue ( Price and Volume ), Expenses ( key items like Materials, Manpower, Rental, Depreciations and Utilities ), timely Cash Collection from Customers, just to name a few, is an “Art”.
The ability to master this “Art” will come with experience in business.
Experience will be gained and learnt from past failures.
However, sometime getting a good Business Mentor would help shorten this learning, and avoid many pitfalls.
We provide Business Mentoring Program. For enquiry, contact us at :
(O) +65 63851011
(M) +65 90880669
