I was asked the other day "what's the secret how did you make so much" and it didn't hit me until later but this is the answer "spend your money both personal and business wisely with the view to selling" a friend said to me several years ago "any fool can sell if it's the right price, but only a wise man can buy it right in the first place"

"only purchase what you have to have - and pay as little as you can for the quality you have to have" then sell it , never hold on to anything that someone wants to buy - the first profit is always the best. Finally never look in mirrors always look forward and never regret the missed deal.

The first house I purchased in the US was the worst in the neighborhood and I sold it in 6 months for 40% profit (still the cheapest in the area !) the person I sold it to sold it for even more , and good for him

Profitability Tip #1

Know your maximum profitability !

By following this computation that most large company's live by you can compute at what level your business is at it's most profitable.

question - what is the most and the least, you could charge for your product or service plot this along the bottom of your graph
- If you were to sell the product or service for cost - How many would you sell ? - put this number at the top of the vertical axis

1000
0				Cost	Max

So where the lines intersect is the point that the least sales required for the maximum profitability

Profitability Tip #2

Make more by working less !

Every product in the market has a higher priced competitor - The customer assumes its better !!! and it mostly is because they have more profit and time to improve it !

simply increase prices until your workload is comfortable (and you can do a better job)! sounds to simple but most small businesses complain that they have to much work !

We have executed contracts for multi national companies as well as small one- person enterprises. The only thing in common between them was the need for change to remain competitive.