Profit Drivers

Profit is the positive amount of money a business has remaining after subtracting any expenses incurred from the revenue generated over a period of time.

Some examples of profit drivers are:

• • Number of Sales Transactions

  • Average Sales Transaction Value

  • Cost of Sales (as a % of Revenue)

  • Payroll Expenses

  • Marketing Expenses

  • Overhead Expenses

Similar to the revenue drivers, a seemingly insignificant change to these profit drivers can greatly impact your overall profit margin.

Working to increase profit isn't necessarily as difficult as you may think at first. As with revenue, small changes can very easily produce big results! Let The CFO Service show you how simple it is to increase the profit margins of your business.