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The Business Growth Plan Matrix is a great what if tool to develop a number of scenarios for your business.
Using your creativity you can produce single and multiple scenarios for your business, then see the effect these have on your net profit.
The matrix looks at making changes from your current business data by % increasing or % decreasing this data, and viewing the results in a profit and loss format.
For example:
1. What would happen if I increased my conversions by 5%? -
2. What would happen if I increased my average sell price by 6%? -
3. What would happen if my cost of sales reduced by 5%? -
4. What would happen if my overheads reduced by 10%? -
Develop your own scenarios to improve your profitability and your overall business performance!
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