27
© Copyright One Sherpa Pty Ltd 2010 How you can work out EXACTLY what sales will guarantee your business is sustainable It may be closer than you think!

How you can work out exactly what sales will guarantee your business is sustainable

  • View
    908

  • Download
    1

Embed Size (px)

DESCRIPTION

Ever wondered what level of sales made your business sustainable? This presentation will show you EXACTLY how to do this

Citation preview

Page 1: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

How you can work out EXACTLY what sales will guarantee your business is sustainable

It may be closer than you think!

Page 2: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

Are you struggling to get enough sales in your business?

PROBLEM #1

Page 3: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

PROBLEM #2

Are you unsure about how many sales are enough for your business?

Page 4: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

PROBLEM #3

Do you know the right number that can make you relax?

Page 5: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

PROBLEM #4

Are you continually worried that no matter how hard you try there will never be enough sales in your business?

Page 6: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

Would you like to know one simple measure that would give you the right number to aim for?

Page 7: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

There is a relationship between the sales you make and the amount of fixed expenses in your business

Page 8: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

In simple terms you will find most fixed expenses in an area we call administrative expenses

Page 9: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

Over time we have watched hundreds of businesses fail when the administrative expenses are too high compared to

the sales in the business

Page 10: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

PROBLEM #1

Has a measure which can tell you exactly whether you have enough sales and how many you need to aim for

Page 11: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

This measure is called Transaction Flow

This measure makes sure you are bringing in the right volume of sales for your business

Page 12: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

This measure will NOT check the margin you are making on those sales

Page 13: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

BUT it will help you with the right volume of sales

Page 14: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

If you are concerned about your margin and profits then refer to the sessions on Customer Value

Page 15: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

Let me show you how to check your Transaction Flow in One Minute Business Checkup

Page 16: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

PROBLEM #3

Page 17: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

PROBLEM #3

Page 18: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

PROBLEM #3

Page 19: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

We can solve this problem using One Minute Business Checkup in two ways

Page 20: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

1. Decrease the Administrative Expenses

Page 21: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

PROBLEM #3

Subtract $30,000 from Costs

Page 22: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

2. Increase the sales

Page 23: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

Let’s calculate how many more sales we need to ensure we have the correct volume of sales

Administration Expenses $120,000

To ensure these are no more than 12%Divide the costs by 0.12

New sales figure $120,000/0.12 $1,000,000

Page 24: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

PROBLEM #3

Add $200,000 to the sales and $160,00 to Other Costs

Page 25: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

Checkout your own information now.

Page 26: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

Make sure you have the right volume of sales flowing through your business

Page 27: How you can work out exactly what sales will guarantee your business is sustainable

© Copyright One Sherpa Pty Ltd 2010

Go to www.oneminutebusinesscheckup.com and make sure you’re aiming for the right level of

sales TODAY