Finfare’s Post

Boost your business revenue with these proven strategies! . Ready to take your business to the next level? Implement these strategies today! 🚀 . . #business #businessstrategy #customerexperience #customersatisfaction #personalpricing #revenue #revenuegrowth #salesstrategy #teamwork #digitalmarketing

📈? Revenue is the name of the game for most businesses. If you're looking to raise this metric, this blog offers a number of helpful strategies that you can consider taking advantage of. Which of the strategies on this list appeals to you the most and why? Do you have any others you think should be added to the list? #business #businessgrowth #businessrevenue #revenue #growth Want more tips on business growth? Visit us: https://lnkd.in/g9Af32AT https://lnkd.in/gig_3TcN

Create a symbiotic relationship between your growth and revenue. Use your revenue to fuel your growth, reinvest in your own business! #Revenue #AgencyGrowth

Various pricing strategies exist, and the choice of a strategy depends on factors such as your business goals, target market, and competitive landscape. #pricingstrategy #revenue #business #profitability

While in our consulting business where we work with different sets of companies , the most important KPI we monitor is "Net Revenue" and ask founders , MDs ,decision makers to look at it rather than the GMV / TOP line. GMV / TOP line can get you valuation / good PR but "Net revenue" helps your company survive + grow. #consulting #businessmetrics #we2grow

The adage “Revenue is vanity, profit is sanity, cash flow is reality” still holds true. Focusing on profit margins can help you earn more while working less. But how do you achieve this? Understanding your key performance indicators (KPIs) is essential for making informed business decisions. Knowing your profit margins, most and least profitable products or services, and growth potential can transform your approach. Want to learn how to enhance profitability through strategic focus and effective purchasing? Read our latest blog for insights and actionable steps to boost your profits. https://lnkd.in/eYhBtVNf #actioncoach #ActionCoachHastings #BusinessGrowth #Profitability

Is your company struggling to achieve its annual forecast numbers? Are you having trouble identifying the gaps in your go-to-market strategies? Look no further than The BridgeAudit™. Don't waste any more time playing "Where's Waldo" in your business. Download The BridgeAudit™ today and take the first step towards success. Our comprehensive audit helps uncover hidden deficiencies and gaps in your commercialization processes, so you can achieve your company's revenue and market share growth goals for 2024. #goals #commercialization #business #forecast #revenue #marketahre #ebitda

The adage “Revenue is vanity, profit is sanity, cash flow is reality” still holds true. Focusing on profit margins can help you earn more while working less. But how do you achieve this? Understanding your key performance indicators (KPIs) is essential for making informed business decisions. Knowing your profit margins, most and least profitable products or services, and growth potential can transform your approach. Want to learn how to enhance profitability through strategic focus and effective purchasing? Read our latest blog for insights and actionable steps to boost your profits. https://lnkd.in/ej42b6Ph #actioncoach #ActionCoachHastings #BusinessGrowth #Profitability

Sometimes you need to sell less to be more profitable. 🤔 We had a client that was doing over $1M+  in monthly revenue. I was astounded by the fast growth. But there was one (serious) problem. The company was losing money and running out of cash so they came to Embarc for help. 🆘 The problem → The company was narrowly focused on revenue growth, and in the pursuit of achieving that growth, they were running on 1.4x return-on-ad-spend (ROAS). They were spending $714,000 in advertising to generate $1,000,000 in revenue. 🤯 There wasn’t enough profit to sustain the business. Our recommendation → REDUCE SALES 🤯 More specifically, make ROAS the top priority KPI at a target of at least 2.5x It turned out that ~$650,000 per month is where they top out at with about $260k in marketing spend. All else equal, ROAS tends to degrade with increased revenue. To simplify a bit, the company was spending an additional $454,000 (=$714k - 260k) in ad spend to gain an extra $350k of revenue. This resulted in negative cash flow. Why did this happen? Growth at all cost mindset. 💯 They didn’t have a strategic CFO to support the founder. The controller was focused on paying bills and reported the prior month's P&L and Growth.  ❌ No unit economics monitoring  ❌ No 13-week cash flow  ❌ No runway forecast Just sell, sell, sell. It happens more often than you think. #growthstrategy #financialadvisor #revenuegrowth #growthstage #business