Not selling enough

Making enough income is the first step to profitability. If you aren’t selling enough this month, will you next month?  Do you know?  Be sure to have an accurate and up-to-date budget so that you can see where your income needs to be each month, and that for the year overall you estimate to end on a positive note.

Let’s get a quick read on how severe this issue is…

In summary, ask yourself:

  • What would it take to sell more?
  • Can I charge more for the product?
  • Are my discounts affordable?
  • Which of my products have the best gross profit, the best net profit? Which have the least?

After answering these questions in detail you should have a roadmap to increase your revenue.