On episode 337 of Business Insanity Talk Radio, we show you what to do when your life and business take a detour. How you respond to life’s setbacks is critical to being successful. Next, we’ll show you where all of your time is going and how you can be more productive. We’ll also talk about how to increase profits—and it’s not by increasing sales. Are you a business rule breaker? Hear the story of a family business that broke the rules and won. Finally, learn how to use blogging to gain more customers.
Maximizing Profits Immediately Co-Author Rick Solon appears in the third segment. He has more than 30 years of experience in manufacturing operations and is the author of the new book “Maximizing Profits Immediately: How to Dramatically Improve Your Company’s Bottom Line”.
31:40 – Decrease costs to increase profits.
33:31 – Where do you start? How do you focus on decreasing costs that are the highest?
34:43 – Cost of goods vs. Cost of service
35:23 – What’s a good pricing strategy?