How to keep your business profitable
in the long run

Financial health is about more than just money coming in and out. It’s about managing that money effectively with the help of a CFO. Now more than ever successful business

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Take a look at your product costing

are you charging too much or too little for your products or services? Either one could be a problem. Charge too much and your competitors have an advantage. Charge too little and your business won’t be profitable.

Negotiate with your suppliers

it pays to negotiate the best possible price for your materials. Also explore options such as buying in bulk if that is feasible for your company.

• Consider outsourcing or remote work – Outsourcing certain aspects of your business such as accounts or marketing will cut your staff costs,

• Take a look at your product costing – are you charging too much or too little for your products or services?

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