Monthly Archives - November 2020

Scholarships

COVID Recovery Program Many otherwise healthy businesses are ramping up after COVIDWe would like to help! 12Faces donates its profits to educational charities As a contribution to getting business firing on all cylinders again we are offering scholarships: Pay 1/2 list price for the first 3 months Use only what services you want 100% money back...

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Simple Free Online Business Plan Template

The Most Successful Businesses have a Plan But Business Plans are time consuming to put togetherOur online template lets you quickly build an easily updated PlanIts level of detail grows along with your experience and your business so it's never outdated There are a host of factors like: Sales, IT and Production that...

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About Materials

About Your Resource Materials Over time, you will accumulate access to many resources inside 12FacesYour particular mix of resources will be unique to you This menu will allow you access those resources you have permission to useUse the drop down submenu to find your resources If you would like access to other...

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C2.5.2 Increase Revenue – Improve Cashflow

Be mindful of the old adage; "Revenue is vanity, Profit is sanity and Cash is king!". There are a couple of quick boosts to your Cashflow that will help to give you Working Capital for use in tuning other parts of your business. Contents List:Surplus InventoryAccounts ReceivableAccounts Payable Surplus Inventory By the time...

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C2.5.3 Increase Revenue – Sales Revenue

Another long lasting boost to your business can be a growth in Sales.  In this section, we outline how such Sales Revenue growth might be speedily achieved. Contents List:Focus on the Best Customers FirstPricingImprove Sales Funnel FlowOver and Under Stocking By the time you reach this point in the Optimise100 Campaign, you...

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C2.3.5 Optimise100: Task Management

As you work through the plan for optimising your existing business en route to increasing Profits, you will be generating a large number of tasks as an outcome. Learn how to distribute these tasks and delegate them to your team. These tasks can rapidly become difficult to keep in your head...

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C2.5.1 Increase Revenue Increase Throughput

Throughput is the process of moving production through your business. Eventually the production will culminate in cash in your hand from a paid-for sale. Workflow management creates a faster flow (or throughput) of product through your business. What you have learned: That a strong focus on wasted effort and resources in...

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C2.4.6 Cost Reduction – Supplier Relationship

One of the easiest, and least painful, places to start a cost cutting exercise is by looking at your supplier relationships. Any activity in this area can have good pay offs. Example: Assume that about half of your expenditure is on products purchased from suppliers. These could be: Manufacture: Variable Costs Retail: Cost...

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C2.4.8 Cost Reduction – Reduce Fixed Costs

Fixed Cost or Overhead Cost are those that will exist even if the business does not hypothetically produce anything. Alternatively, they can be thought of as costs that do not vary directly with production output. They include things like office and factory space, furniture & fittings and realistically speaking include all labour...

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