Most people start businesses to generate an income for themselves, but in a tough economic climate some businesses barely cover their costs without providing an income.
Pricing and credit control are two key areas that can determine whether a business makes a profit and are the subject of a two-hour COMBEbusiness workshop on Wednesday 12 September at the Ilfracombe Centre.
Who could benefit from this workshop?
Anyone running a business who wants to increase their profit margins.
Are you setting your prices at the right level? Would people pay more for your products and services and still receive good value? Are you under-selling yourself? Or could you attract a different customer who would be willing to spend more with you?
Are you running your business for you or acting as a bank for customers who are slow to pay? How can you improve your credit control? Would a change to your terms and conditions improve cash flow? Are you nervous about chasing late payments? How can you reduce bad debts?
These are issues every business has to address.
Workshop places at Â£10 each are limited to 10 so that the group can take part in active discussion of problems and practical solutions.
If you run a business in the Combe Martin, Ilfracombe or Woolacombe area of North Devon, book your place by callingÂ Tim Cox on 01271 268208 or 07805 906804 or emailing firstname.lastname@example.org
See workshop details.