Mastering the Three Levels of Profitability
Through the profit management framework, continuous profit improvement is grounded in mastering the three levels of profitability—Gross Profit, Operating, and Net Income to learn how they interact. Discover how to analyze your P&L Statement, identify areas to build on, where to improve, and ultimately increase your bottom line by focusing on sales growth, cost control, and operational efficiency. Take the free BusinessCPR™ Business Assessment to measure your company’s financial health.
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If you’re not ready to complete a business assessment and want to confirm the current state of your three levels of profitability, click here to submit your P&L Statement for a certified BusinessCPR™ Scientist to identify the top three areas where your business is draining profits at no cost. These insights are ideal for those seeking to make more money with less stress.
BUSINESS TERMS
Profit Management
Profit Management combines getting, doing, and enabling work at a profit. If you don’t manage the business to earn profits, you will never have acceptable cash reserves in the bank. Failures in Profit Management make Cash Management a daily activity when cash outflows exceed cash inflows. You keep this from happening by earning profits that allow you to build sustainable cash reserves.
KNOWLEDGE RESOURCES
Business Terms
Learn the meaning of the most important business terms by core business function to understand the language of business.
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