October 7, 2020
2:00 pm - 3:00 pm
In this insightful and wide-reaching webinar series, Profit Soup’s Rod Bristol explores the impacts and opportunities brought on by the onset of COVID-19. These webinars include topics on everyday business planning, forging a bigger bottom line, expanding productivity of your property and using your known data to compare and plan in contrast with industry benchmarks. Be prepared to take notes as each session will provide you with survival strategies that your business can’t afford to miss.
Part 3: Improving Your Profit: Making Better Decisions That Help Drive Your Profits Through Improved Productivity – Clients want to drive a bigger bottom line but focusing on departmental profit and expense percentages may cause them to miss significant opportunities to improve results and build business value. Productivity metrics quantify how efficiently they drive revenue and profit from their most valuable resources. In this session we will use productivity metrics and benchmarks to measure just how much more profit they would earn if they met their productivity targets. We will also explore strategies for improving productivity for a property.
Presenter: Rod Bristol, Profit Soup – Rod knows first-hand how changes in technology and market forces impact a business. His 23 years’ experience as owner of a multi-unit business chain have prepared him well to help others weed the threats out of opportunities, and find the best strategic pathway forward. He also spent six years as a mergers and acquisitions specialist, doing business valuations and facilitating business sales. Combine this with more than ten years as a master financial trainer, and you’ve got a champion for building wealth through growth and productivity from business inception to transition.