FUEL UP Your Growth Engine

General Electric’s GE90 class jet engine is powerful enough to power a Boeing 777 airplane in flight for over 5 hours … on just ONE engine. GE is relentless in its engineering efforts to continuously create more powerful, safe, fuel efficient and light engines. But as powerful as this engine is, it cannot produce any thrust without fuel. It won’t even start.

Every company has a growth engine. But, in reality, leaders rarely take the time to inspect and tune it up for maximum efficiency. In a business, fuel is generic viagra australia https://greenechamber.org/blog/what-would-you-change-about-your-community-essay/74/ https://chfn.org/fastered/can-i-drink-alcohol-while-taking-zithromax/36/ cheap viagra pills online quel viagra prendre https://sigma-instruments.com/buy-viagra-online-from-pfizer-1677/ https://eagfwc.org/men/counter-flagyl/100/ lopressor vs bystolic dosis de sildenafil en mujeres see levitra carmi what is viagra like yahoo areds2 generic viagra sara munday thesis go here http://kanack.org/statement/sigmund-freud-hamlet-essay/26/ disorder panic papers term go here ammonia essay reaction heat https://www.lapressclub.org/hypothesis/carotenoids-bioessay-cyanobacteria/29/ https://www.pugetsoundnavymuseum.org/paraphrasing/re-visions-of-shakespeare-essays-in-honor-of-robert-ornstein/24/ https://www.nationalautismcenter.org/letter/a-happiest-day-in-my-life-essay/26/ watch glossary of marketing terms pdf l-arginine vs viagra viagra generic info custom dissertation proposal writer sites us como se usa el cytotec para abortar go here cialis with cuba gooding jr go site can you buy cialis over the counter in south africa CASH. And the number one way to increase cash is to increase PROFIT.

There are 7 Levers that influence your Profit and Cash Flow, the fuel required to rev up your growth engine to maximum thrust.

Lever #1 – PriceGE-90_Engine,_Unknown_JP337557

Lever #2 – Volume

Lever #3 – Cost of goods sold (COGS) and direct costs

Lever #4 – Operating expenses

Lever #5 – Accounts receivable

Lever #6 – Inventory or work in progress

Lever #7 – Accounts payable

It’s easier than you think to take actions on these levers and increase your Profit and Cash Flow. The Power of One is a concept that shows how doing something to move those levers either 1% (on levers 1-4) or 1 day (on levers 5-7) in a few critical areas can lead to a significant increase in Profit.

Move The Levers

The Power of One One-Page Tool allows you to calculate the effect on your profit if you can move those levers either 1% or 1 day.

Lever #1 – Price: What’s the value of increasing prices by just 1%?

Lever #2 – Volume: What’s the value of selling just 1% more units at the same price?

Lever #3 – COGS: What’s the value of decreasing raw material and direct labor costs by just 1%?

Lever #4 – Operations: What’s the value of reducing overhead by just 1%?

Lever #5 – Accounts receivable: What’s the value of collecting from debtors just 1 day sooner?

Lever #6 – Inventory: What’s the value of keeping 1 day’s less stock/inventory on hand?

Lever #7 – Accounts payable: What’s the value of paying creditors 1 day slower?

I know what you are thinking. You already know all of this!

But the reality is, most companies don’t take the time to actually measure the impact these small changes can make. You can easily add 3% to your bottom line just by tuning your engine, making small and painless adjustments.

Put the Power of One into action with a simple spreadsheet that you and your team can use to measure the impact of the changes in each Lever. Assign a person to each lever, and create SMART goals and action plans to generate more profit to FUEL UP Your Growth Engine!

(Image: Dale Coleman / Wikimedia Commons)