Anything else to do with your business MUST therefore be about supporting the profit.

Before people go all money crazy though and start saying “business is all about taking and here’s another example.” I say if you are not making a profit you run a charity, and as this article is about business it’s therefore about profit. AND of course there are other ways to profit other than making money.(if your people advance their skills and are happy with that might be just one example.)

lets look at what I mean…

Marketing - This should be driving or directing people to your business, so they can buy and you make a profit from what you sell.

Management - Ensures things run well - so that your profit can be maximised. Sloppy management would mean unnecessary overheads, therefore wasting profits.

Operations - making sure things run smoothly here is vital, often this is the workings of the business and needs to be running well, imagine if stock levels ran low and demand went up… oh bad move.

Sales - No sales no $$ in, then you have an impact on your profit… not good!

Service - People vote with their feet, no service, they move on. Again not good for the profit.

Human resources - They provide (or at least should…) great people, great people systems, great training and elegant payroll options to ensure the people in your organisation are effective and efficient at what they do, if not they are eating into the organisations profit.

Wealth systems - Your profits go here to develop passive income options and leverage the $$ better. If this is not working your business may as well not make a profit… (hard words but true). Your team works hard to make the profit, now make the profit work hard for the business.

All of these impact on the profit, either the gaining of, or the use of it. To make sure you are having an impact on it take a deeper look at all of the above and get to work on those things that can make a positive difference to the profit. You might like to start with this.

Stumble it!