Grow your company’s turnover through less profitable work
Posted: Mon 20th Dec 2021
Sean Hackemann is a finance expert and Enterprise Nation adviser, who casts his eye over the advantages of taking on lower margin work.
You can connect with Sean today for more financial advice.
If you’re a business owner and are considering growing through taking on lower margin work, then have a look at this video and see how increasing your turnover using this strategy will affect profits.
Whilst the figures are just for illustrative purposes, it will hopefully give you a really good indication of how much harder the business has to work to generate the same level of profit if gross profit margins are maintained.