Increase net profit margins ratio (profitability ratios, accounting profit, company profit, net profit) by eliminating waste so dollars spent on non-value can be spent on new products/services, marketing, sales, automation, training, business process, and other value creating processes.

Techniques to eliminate waste including: 

• Activity Based Management,
• Benchmarking
• Cycle Time Reduction
• Outsourcing
• Performance Management
• Process Management
• Predictive Management
• Process Improvement
• Reengineering

How to Calculate Profit Margins:

• What is Net Profit Margin: all relevant revenue minus relevant expenses for company, division, product, customer, channel, ski, service/product
• Define Profit Margin: revenue minus relevant expenses
• Calculating Net Profit Margin Ratio: Net Profit Margin divided by Revenue
• a Profit and Loss Statement or Profit and Loss Report: statement or statement or report showing all relevant revenue and expenses for a company, division, subsidiary,  joint venture.
• Profit Centers: department, division, product, or service in which you can subtract relevant expenses from relevant revenue
• Accounting Profit: profit calculated using GAAP as opposed to Tax Profit which follows tax rules.
• Net Profit: revenue minus expenses including operating, financing, and tax expenses
• Profitability Ratio Analysis: reviewing revenue and expenses to determine opportunities for improvement

Email below or Call John Antos at 972-980-7407 to find out how we can help you increase net profit margin ratios by freeing up dollars currently spent on non-value activities.