Profit Centre Management

Your inventory might seem straightforward – a collection of items you sell or stock you keep. But beneath the surface, complex factors influence its efficiency and profitability.

Your inventory might seem straightforward – a collection of items you sell or stock you keep. But beneath the surface, complex factors influence its efficiency and profitability.

5 Simple Automation Hacks for SMBs: Dive Deep into Streamlining Your Business Operations

How much money I have in my business? Where it is coming from? How is it spent? And, is it stuck anywhere? From the very first moment you ask these questions and drill down deeper, you are programming yourself towards adopting Profit Centre Management in your company. You started developing a mindset. Mindset means ‘a

Profit in a trading business or a retail shop is computed as sales margin minus expenses. The sales margin is the difference between the selling and buying prices. But, companies with large team and multiple operations won’t be able derive profit so straight & simple, profit is an outcome of many functions. Let’s look at

Are you in a business leadership role? Business owners, CEOs, General Managers, Department Heads, Accounts & HR Leaders. All are in business leadership.  Then, investing your time on profit centre management practice is worth a lot!  Many of you know that, Profit Centre Management is not about running a business for a profit alone.  It