Profitability is more than just selling goods and services for a price. Crucial, behind-the-scenes operations are always in motion and can be the difference between bankruptcy and profitability. The 3 major contributing factors we will cover are:

Cost of Goods Sold (COGS)

Waste

Labor

The stakes are high, but the good news is you ultimately have control over these areas of your business, so it is up to you to work towards increasing profitably. Let's explore how!