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Business strategy
3 practical ways of increasing the net profit of your business
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[QUOTE="Augusta, post: 259333, member: 25283"] The net profit of a business is proportional to its sales. This is because the final profit comes from the sales made. The gross profit still isn't the real profit of the business, because expenses must be deducted to be able to get thr gain. So if the net profit needs to be high the following must be done increase sales: The simple logic here is that the higher the sales the higher the net profit of a business and the lower the sales the lower the net profit. So this simply means that net profit can only be higher when the sales of a business is high too. Another way you can quickly increase net profit is via expenses reduction. You know that your gross profit can be high but untill you substrate the money spent on expenditures you would be having a false profit margin. So reduce expenses to have higher net profit [/QUOTE]
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3 practical ways of increasing the net profit of your business
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