hardhatbusiness.com

Maximises gross profit...

If your profit margins are getting crushed, competitors are undercutting you and customers are putting the squeeze on prices…

…You need Profit Builder, the sure fire way to make your profits surge with dynamic pricing.

There are four incredibly powerful ways in which HARD HAT™ works with you to increase your profitability:

1 Recognising the limiting resource

Every business has a key constraint which limits profits and stops it from expanding. Most people consider it to be sales or competition, or time but they are often mistaken. A key resource limitation fundamentally affects the whole strategy of your business. For a restaurant it’s the number of people they can physically server, where strategies to increase sales and profitability might include:

For a supermarket it may be shelf space, opening hours or the number of available parking spaces. In service or technical companies it is often the number of available man/machine hours.

HARD HAT™ works with you to maximise the profitability from your limiting resources and ultimately free your growth from dependency on them.

2 Improving margins

Narrow margins and high overheads leave businesses with dangerously high break-even points. Without an analysis of the profitability of each customer AND each product or service you sell, you may unknowingly be subsidising your customers - as it costs you money to service them!

You need to avoid working all the hours you have and more for little reward by identifying the most profitable products, services and customers for your business!

At HARD HAT™ we have proven ways to boost your profitability through selectively selling more profitable things to more profitable customers. By being selective we ensure that at limiting resources are saved, to create an opportunity to satisfy another profitable customer that you could not have serviced before. This double-lever effect brings about the rapid increase in profits to fuel the growth of your business.

3 Differential pricing

If rising costs and ever-more-demanding customers, fuelled by competition, are eroding your profits, a sure-fire way to make profits surge is through the Differential Pricing. This powerful technique makes it easier for you to adopt a dynamic approach to price setting in response to changing market forces and the availability of your own production capacity.

4 Value adding

HARD HAT™ provides you with a tried and trusted mechanism for quickly assessing the ‘worth’ of a particular deal, trade or process to your business in terms of profits. This ensures your prices remain highly competitive – and highly profitable. It also points the way to those areas where efficiency improvements can dramatically improve the profit margins by saving costs and freeing up capacity to service more customers.

Using these four techniques the Profit Builder module pinpoints exactly what the people in your business need to be doing on Monday morning to help grow your profits.