Profitability

3 Ways Smart Manufacturers Make More Money with Service

For manufacturers the smart way of making more money is through service. Indeed, the days of competing on product innovation alone are long gone. When Apple, one of the best product companies on the planet, announced in 2016 that it makes more money from services than...

3 Ways to Make More Profit Without Selling More

“Revenue is vanity; profit is sanity, but cash is reality”Anon However, it seems that many CEOs are revenue growth junkies Annual reports are packed full of ambitious plans to increase sales in order to increase profit. The old maxim “grow or die” applies with a...