Welcome to the Disruptive Entrepreneur Podcast.

For anyone who wants to make money and make a difference, grow and leverage your

enterprise better, get more done in less time, outsource everything and create your your and double world record holder Rob Moore.

Hi this is Rob Moore here with 18 ways at least 18 ways to increase your profits in your business.

Now in the last 11 years I've had a business

that's become more profitable every year, gross a net margin and the turnover's gone

from zero to about 18 million. The seven years before that I had pub business, art

business, architecture business, well kind of and all they all made no money so

I've had kind of the loads of failures and a few good years along the way. So here are at least 18

ways to increase your profits. So number one is increase your prices. Now a lot of people

have challenges, fears, doubts about increasing their their prices I'll come to those in a moment

I'll tell you what I'll do I'll list the 18 ways and they'll come back and go through them and so you can get a quick

sort of five minute all right I'm going to go and do this now or if you want to listen to the whole video,

you can do that too.

So the second thing you can do is reduce your cost.

Now your fixed costs and variable costs, so variable costs change month to month month maybe what you invest in marketing

and then fixed costs remain constant like business rates like you know the rent or

ownership remorgage it more paying the mortgage of your building or your stuff.

And there are different types of costs, but of course reducing your cost by 10% can sometimes

double or increase by 50% your profit margin.

The thing with reducing cost is that a pound gained in turnover

might be worth net 20% profit so net 20 pence to you in your business

...