Losing Money or Reduced Profitability
Is your company losing money or experiencing reduced profitability?
There are a few basic reasons that companies lose money including that sales volumes are inadequate for the company to operate efficiently or that costs are too high and cannot be fully recovered due to price competition from competitors.
There are also many other more subtle reasons that companies lose money. These include mis-pricing of products or services or having many money losing customers.
There are some basic reasons that companies experience reduced profitability including falling sales or rising costs. However within those very broad categories, there are likely some more subtle reasons such as not meeting promised product delivery times, not meeting customer expectations of service quality, declining sales in the market segments that the company operates in, inconsistent product quality, or mis-pricing of products or services.
Apollo can identify the unique combination of issues that are causing your company to lose money or experience reduced profitability and then identify the three or four most effective actions that your company can take to improve profitability.
These may include helping your company to (click on any for more information):
- Grow Sales
- Find Efficiencies
- Sharpen Strategy
- Develop Process and Procedures
- Develop a Financial Model
- Optimize Pricing
Call today or use the reply box for a free, no obligation consultation to find the best ways to get your company back to profitability.
Not exactly sure what combination of problems you are facing?
Call (401) 862-6339 today or use the reply box to request, a free, no obligation, independent assessment of your company’s situation.
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