Sunday, February 21, 2010

Profitability

Some business owners lead their team in the wrong direction. Other leaders lead their team in any direction. Both of these types of leaders are wrong.

Similarly, some proprietors believe that the only way to greater profitability is to turn the microscope on every single cost. They're so busy picking up dimes, that they step over dollars at every turn. Then there are those proprietors that focus only on getting new business; whether it be from the center down the street or from a consistent .99 cent bowling price.

What is the right way? Is there a right way?

Logic would say that you need a combination of both controlling expenses AND
increasing sales.

My logic says that if you consistently do the unexpected, become an amazing remarkable seller of bowling, you'll figure out the costs.

And the profitability will follow.