Comments on: 2010: Finding Time To Succeed. In Fact, 43 of them… http://vivavi.co.uk/archives/1378 Info To Grow Your Business Profits Sun, 13 Jun 2010 21:13:12 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Peter Cantelo http://vivavi.co.uk/archives/1378/comment-page-1#comment-74 Peter Cantelo Mon, 01 Feb 2010 13:56:00 +0000 http://vivavi.co.uk/?p=1378#comment-74 Will employing this person enable you to incease the net profit of your business?? By at least £25,000. The break even for this person is going to be around £25K so your profit needs to go up by at least 25K through employing this person. Generally I would ask yourself what you will be doing with your freed up time and be realistic about what profit that extra time will bring you. Use the marketing break even analysis sheet from one of my earlier Monthly Mentor Club newsletters to do a brfeak even analysis - it'll work for employing somone just as well as investing in a marketing piece. Regards <em>Peter</em> Will employing this person enable you to incease the net profit of your business?? By at least £25,000. The break even for this person is going to be around £25K so your profit needs to go up by at least 25K through employing this person. Generally I would ask yourself what you will be doing with your freed up time and be realistic about what profit that extra time will bring you.

Use the marketing break even analysis sheet from one of my earlier Monthly Mentor Club newsletters to do a brfeak even analysis – it’ll work for employing somone just as well as investing in a marketing piece.

Regards
Peter

]]> By: David Hunt http://vivavi.co.uk/archives/1378/comment-page-1#comment-68 David Hunt Sat, 23 Jan 2010 18:59:31 +0000 http://vivavi.co.uk/?p=1378#comment-68 Hi Peter You have nailed me with this list. I have spent the last year re-building the profitability which has meant downsizing slightly. I have become far more hands on, out on jobs....which I have actually enjoyed. The office has clicked along very well but I still hav ea lot of the stuff on your list on my list! Dilema - is it time to employ someone to do all this at £17-£20,000 and take a temporary hit on the profitability? I have a really good office system, all the numbers are in the dashboard, I just need someone to do it all for me. What's your experience with this. I am sure there will be a payback, but by how much and how quickly? Regards David Hi Peter
You have nailed me with this list.
I have spent the last year re-building the profitability which has meant downsizing slightly. I have become far more hands on, out on jobs….which I have actually enjoyed. The office has clicked along very well but I still hav ea lot of the stuff on your list on my list!
Dilema – is it time to employ someone to do all this at £17-£20,000 and take a temporary hit on the profitability?
I have a really good office system, all the numbers are in the dashboard, I just need someone to do it all for me.
What’s your experience with this. I am sure there will be a payback, but by how much and how quickly?

Regards

David

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