Normally most business owners will look at their profit in the following way - sales, minus expenses equals profit. In the ActionCOACH® ‘5 WAYS’ approach, each variable depends on the other to improve profitability. This way of thinking expands upon this narrow view and breaks the sales variable into five separate component and gives you a more holistic view of how well your business is really doing.
We’ve collaborated with ActionCOACH® to deliver this profitability workshop to help you gain a new focus on:
- The ActionCOACH® 5Ways approach
- the most important numbers to focus on
- creating a framework for your team that allows for scalability
By the end of the session, you’ll have a clearer understanding of the metrics that drive profitability in your business and help you identify key areas for future business growth During the session you’ll be with like-minded business owners in the same position as you. You’ll connect with businesses in your area, facing the same opportunities and uncertainties, and you’ll be guided by the experienced ActionCOACH® team.
This workshop is relevant for anyone with strategic responsibility within any business (regardless of size/sector) looking to improve profitability and business growth. That could be you as an owner/manager or people in your team and will be particularly useful to businesses who want to implement a more strategic growth strategy. Please also note this is an interactive session, and the more you contribute and interact with other delegates the more insight you’ll gain.