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The Profit Optimiser Program is your key to unlocking the hidden potential within your Profit & Loss Statement, specifically tailored for you as a business owner in service operations. The 3-hour online course, led by Michael Hunt, Halo’s Chief Business Advisor, is designed to transform your Profit and Loss Statement from a simple record into a strategic asset that will propel your business upward and forward.
In this course, you’ll not only learn crucial financial concepts like Mark Up vs. Margin, Best Practice Key Performance Indicators, Profit Leakage, and Gross Profit, but also gain hands-on skills to set up your Profit and Loss Statement correctly. This isn’t just about theoretical knowledge; it’s about practical operational tools and insights that will empower you to assess your business operational costs and profit margins accurately.
The Profit Optimiser Program is your guide to making strategic decisions that will drive your business forward to success. It’s about maximising profits, setting up better operational systems, and gaining the financial insights and knowledge you need to scale your business easily.
What you will learn:
Gain insights into setting up the P&L Statement for consistent delivery and actionable insights to maximise business performance.
Understand the importance of accurate account coding for financial clarity, ensuring that your financial data provides clear insights into your business’s health.
Discover the critical difference between mark-up and margin and their impact on pricing and profitability. Learn how to strategically price your services to maximise profits.
Uncover strategies to maximise billable hours and optimise returns on labour and materials. Learn how to efficiently utilise resources to boost profitability.
Identify and address areas where profit is being lost, preventing potential revenue leaks and improving overall business growth.
Master the calculation and analysis of gross profit to gain enhanced financial insights. Understand the key metrics that drive profitability and make informed decisions to improve financial health.
