Improving Business Profits

(53 customer reviews)
by

This course takes a comprehensive look at how to improve profitability. Discover the processes necessary for enhancing revenue, optimising costs, eliminating waste and maximising assets and finance.

£150 +VAT

4 CPD hours

365 days’ access

Use ACPD101 for 10% off any purchase.

Improving Business Profits

(53 customer reviews)

£150 +VAT

4 CPD Course

365 days’ access

Use ACPD101 for 10% off any purchase.

Improving Business Profits

(53 customer reviews)

This course is not currently available. To find out more, please get in touch.

This course will enable you to

  • Create a good foundation for business success and improving profits
  • Apply practical approaches to improve revenues keeping the existing customer base in mind
  • Deploy different methods designed to optimise costs, deliver value, eliminate waste and non-value-added costs
  • Identify practical ways your business can make use of its assets and control its liabilities
  • Understand why motivation and communication are key in establishing realistic objectives

About the course

As accountants, we are always looking for ways to improve profitability. But how do you increase sales and reduce cost at the same time? For sustainable improvements, you need to put in place a structured approach that looks across the whole business to improve productivity.

This course takes a comprehensive look at the options you and your clients have for long-term improvement. You will learn how to control costs by examining pricing strategies and margins. Discover how to maximise customer profitability, through controlling inventory, eliminating waste and you’ll look at ways to boost profits by making use of assets and controlling liabilities.

Contents

Building the foundations for success

Improving profits
Key motivation factors
The importance of communication
The process of communication
Setting business objectives
Beating boredom
Key success factors
Diversification
Improving business processes
Going digital

Improving revenues

Customer profitability analysis
Brand value
The product life cycle
Watching revenues
Product planning
New market barriers
Pricing issues
Maximising gross margin
Upselling
Innovation strategies

Optimising costs

Cost optimisation
Identifying opportunities
Who is responsible?
Strategic initiatives
Waste reduction
The basis for costing
Cut it out!
The supply chain

Maximising assets and finance

Considerations
Budgeting
Asset management
Tangible assets
Managing cash
Inventory management
Manging receivables
Managing payables

Author

John Taylor

John Taylor

John is a Chartered Accountant who has spent many years advising small and medium-sized businesses across the North of England. John is the author of two industry standard textbooks: Millichamp – Auditing and Forensic Accounting. He has also written several auditing textbooks for AAT courses.

53 reviews for Improving Business Profits

  1. Percy Molefe –

    excellent

  2. Tichaona Ashton Mudokwenyu –

    The course was detailed enough and has relevant examples to illustrate concepts

  3. Linda Brownlie –

    Really useful takeaways

  4. Ann Shanks –

    It was a really good course, covering all areas really well

  5. Gofamodimo Philip R-Mosimanegape –

    It relates to the real world hence it challenges one to be imaginative and think outside the box. It was a well loaded CPD course.

  6. Mark Dinsdale –

    Well structured, but requires a lot of reading.

  7. Allan Young –

    A lot of common sense in this course. Reiterated things I already knew but also helped me to think about how I can apply the lessons to the business I work for.

  8. Mireia Corredor Marcos –

    Thank you for this course. It was really interesting and useful. Well done.

  9. Sanaa Choudhry –

  10. Peter Alexander –

    Very informative

  11. Tracey Parry –

  12. Shuk Yu Mendes –

  13. Edmond Boyle –

    Good refresher

  14. Irene Awala –

  15. Udeni Swarnalatha Herath Mudiyanselage –

    It help to memeorize good mangement concept

  16. Ian McDougall –

    good coverage of a number of subjects

  17. Victoria Grajdieru –

  18. A Karim –

  19. Tlang Thomelo –

    it meet my objectives because i m dealing with receivables, payables, managing cash and the company used to be on overdraft agreement, it was so useful information.

  20. Barra O hir –

    The Breadth and examples

  21. Nicola Wallace –

    Reminder of core ways to maximise profits

  22. Hok Ming Cheng –

    taught me the points I would like to know

  23. Iresha Gamaralalage –

  24. Eileen Hastie –

    I wanted to know more about improving profits and this course delivered.

  25. Sarah Woolcott –

    great refresher as to key things to focus attention on

  26. Thomas @ P.D. Thomas Daniel –

    Practical issues highlighted and the application of theory

  27. Andrina Collymore –

    It covered a broad range of subjects

  28. Heidi Tsang –

  29. Man Yee Wong –

  30. Colette Bryan –

    In my day to day work I have to deal with increasing revenue and pricing strategy

  31. siu Fong Kwong –

  32. Val McGovern –

    clear and concise

  33. Joyce Ng –

  34. Ian O Sullivan –

  35. Arthur Tembo –

    it highlights the areas where i need improvement and those which i have done well in

  36. Ben Hilliard –

    Precise and to the point

  37. Pik Ying Tang –

  38. Mary Losty –

    The case studies were a good way of pulling together all the areas of the course and getting me to think how they apply to a particular situation.

  39. Linda Rafferty –

    quick to the point

  40. Martina O Donnell –

    The course explained in a simple manner how to increase revenue.

  41. Umer Sultan –

    educated me what i need to learn

  42. Teegan Huynh –

    The pricing policy was very helpful as well as branding strategy

  43. Maria O’Brien –

  44. Catherine Healy McCarthy –

    Excellent 1 hour CPD Course

  45. Abdullah Khan –

    well organised

  46. Sheena Monaghan –

  47. Wai Man Li –

  48. Ka Shing Leung –

  49. John Digweed –

  50. Joanne Tse –

  51. Yim Man Lam –

  52. Darren Bowman –

    Good summary for both clients and own business

  53. Gillian Thornton –

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