WEBINAR
Proof of profit, explained
Michael AustinBlue Dot Consulting Limited
Posted: Wed 14th May 2025
If you can prove your profit, then you can improve your profit!
Michael Austin of Blue Dot Consulting shares five steps for proving your business's actual profit and how to improve it so you can make even more from every sale.
Five simple steps to proof of profit:
Set your prices
Perform the service or deliver the product
Measure the costs of the sale and the profit
Whatever the answer, improve upon it if you can
Learn and repeat
Relevant resources
Michael AustinBlue Dot Consulting Limited
I work with the MDs of SME businesses and help them improve profitability and cashflow through common sense financial management.
I focus on the following areas:
profit improvement
cashflow
good bookkeeping
understandable financial information
embracing useful technology
Get these right and you have a good foundation to grow profitably in the future.
I'm the founder and MD of Blue Dot Consulting Limited, a chartered accountancy practice in South West London which I set up around the turn of the century.
I've never hired colleagues who have only worked in accountancy firms, preferring the real-world experience of finance profesionals who have worked in real businesses - perhaps like yours.
Much of what I've seen and learned over the years is reflected in my blog. You won't find much that's typical accountanty stuff on there - but you might find one or two things that are helpful.
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