Stage 2 – Identify Leakage – Profits and Cash floating within the business and available to the business now from the current activities in the core areas of your business:
- Cost Reduction
- Staffing Levels
- Stock Control
- Sales & Marketing
- Business Growth
- Product Portfolio
FACT: Every business, regardless of size, has leakage – this is hidden profits and/or cash available to it now! This increases as the revenues increase.
CAN YOU AFFORD TO HAVE CASH OR PROFITS LEAK AWAY – 10% on average.