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John Downes acorro net profit

Retain New Profit

Having fought hard to deliver Gross Profit dollars from our sales and manufacturing/service processes, we need to ensure that the infrastructure and administration costs of running the business are appropriate and well managed. These include:

  • Engaging Leadership and management in developing the Business Infrastructure and Support Services Plan
  • The investment in Attracting, Training & Retaining People
  • The costs of providing, fitting out and maintaining Premises
  • Information Technology Costs
  • Sales and General Administration Costs
  • Finance and Borrowing Costs
  • Taxation Costs and any offset for Government incentives such as R&D or Export Markets Development.

Each of these seven elements needs to be planned and managed to ensure each activity supports us in delivering value to the customer.