Description
Do you know how much you’re really earning from each sale? You can find out with a simple figure: Operating Profit Margin. In this course you’ll learn how improving your Operating Profit Margin can help you maximize your profitability. You’ll also learn strategies to reduce your costs and boost your sales. Finally, you’ll discover how to manage financial trade-offs and discover “double whammy” returns. After this course, you’ll be ready to implement strategies to get more from each sale. This course is part of the Improving Profitability Pocketbook, a series that explores how to measure and improve your business’s profitability. This is a course aimed at managers and leaders with a basic understanding of business accounting.
Objectives
- Explain how maximizing your Operating Profit Margin can improve your profitability
- Identify strategies to reduce your costs
- Identify strategies to boost your sales
- Implement “double whammy” strategies to manage financial trade-offs and maximize returns
Certificate
By completing/passing this course, you will attain the certificate POK Finance Certificate
Learning Credits
Badges
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