Boost profitability

With business inefficiencies accounting for up to 30% of a business’s operating costs, it is vital for business owners to identify these inefficiencies.

Using a 7-step process, you will learn how to systematically identify opportunities to reduce costs, waste and time inefficiencies in your business, improving your bottom line and leading to increased profitability.

Main topics covered:

• analysing the elements contributing to your profit, generating ideas for optimising sales, reducing overheads and decreasing variable expenses
• using the Seven Wastes, a powerful process developed by Toyota and tailored to small and medium business owners, to identify where waste is occurring in your business and developing removal strategies.
• developing a one-page plan to reduce inefficiencies in your business and increase profits.