360° Coverage : Donna Marie Thompson, PhD CEO of Expert Profit Solutions Guided...

Donna Marie Thompson, PhD CEO of Expert Profit Solutions Guided Small Business Owners on Results and Measures in Business Management and Business Success

Effective small business management revolves around knowing how what you’re doing directly affects the bottom line. The Peak Profit PotentialTM Mastermind led by Donna Marie Thompson, small business profitability specialist and creator of The Profit PyramidTM, explored the pitfalls of measures that interfere with business process success. Many entrepreneurs measure the wrong things for the wrong reasons. Effective measures are the foundation for peak profits in your business strategy.

Sep 25 2013, 7:14am CDT | by PR.com

Washington, DC, September 25, 2013 --(PR.com)-- Donna Marie Thompson, PhD guided a group of proactive and committed small business owners and entrepreneurs on two key topics in business management and business success: results and measures and their impact on the bottom line.

According to Dr. Thompson in the Peak Profit Potential Mastermind group: "Only after you know the specific, verifiable results that you want for business growth can you begin to design effective performance management systems and tools. And then you need to test them, and test them again. This is an essential component in informed and data-driven business decision making for today’s business leaders.”

According to Dr. Thompson: "Done right, the key business measures you use can lead to high levels of customer satisfaction and loyalty as well as to high business profits. The two facets must work together in a sustainable and scalable business. It takes business leadership to do both and only the most successful small business owners and entrepreneurs are doing it now."

The Peak Profit Potential Mastermind session on Results and Measures addressed: “key issues facing every small business owner and the need for an unrelenting focus on cost control even as you seek business growth and delivering exceptional customer value. What else do you need to know to boost your profits?" commented Dr. Thompson.

The business owners freely commented on the challenges they face on cost management and business growth issues. The mastermind format enabled small business owners to formulate revised performance management strategies in collaboration with their peers in search of increased profits.

Dr. Thompson remarked: "Measure, measure, measure to design customer benefits that they appreciate – with a purchase order. Watch your costs and tie them directly to results and customer value. Otherwise new business processes and features and their associated costs will hurt your bottom line and bleed on your income statement."

The next Peak Profit Potential Mastermind is designed around customer value.

Donna Marie Thompson, PhD, MBA, CPA is an acclaimed platform and cruise ship speaker, a two-time best-selling author, and former Director at PricewaterhouseCoopers Consulting. She is a small business profitability specialist who created The Profit PyramidTM and runs powerful Peak Profit Potential webinars, mastermind, and training programs.

Sign up now if you have profits and want to boost them by at least 30% in 2014 at http://www.ExpertProfitSolutions.com

And pick up your autographed copy of Donna Marie Thompson's new book: Peak Profit Potential: A 4-Step Program to Stop Your Business From Leaking Money with free shipping in the US at http://www.PeakProfitPotential.com

Contact Information:
Expert Profit Solutions
Donna Marie Thompson, PhD
Contact via Email

Read the full story here: http://www.pr.com/press-release/517877

Press Release Distributed by PR.com

Source: PR.com


blog comments powered by Disqus

Latest stories

Wearables that go beyond the Apple Watch
Wearables that go beyond the Apple Watch
Apple Watch is going to open a new chapter in wearables, but where is the future?
Russia allows buffalo meat imports from India
Moscow, Dec 4 (IANS/TASS) Russia has allowed imports of buffalo meat from India, the country's veterinary regulator said Thursday.
New guidelines for prostate cancer testing
Melbourne, Dec 4 (IANS) Prostate cancer checks in Australia are set to improve after cancer agencies and health experts reached an agreement on new testing guidelines at the World Cancer Congress (WCC) currently being held in Melbourne.
Australian researcher discovers first artwork by early human
Sydney, Dec 4 (IANS) An Australian researcher has discovered what is believed to be the first artwork created by a human.

Latest from the Network

Australian researcher discovers first artwork by early human
Sydney, Dec 4 (IANS) An Australian researcher has discovered what is believed to be the first artwork created by a human. The simple zigzag pattern found on a fossilized shell from the Indonesian island of Java has...
Read more on Celebrity Balla
Insects compete with rats to clear garbage
New York, Dec 4 (IANS) Insects play a very important role in cleaning up cities and they compete with other pests like rats and pigeons in their endeavour, a study has said. Scientists sampled arthropods - such as...
Read more on Business Balla
School headmaster shot dead in Pakistan
Islamabad, Dec 4 (IANS) Unidentified gunmen Thursday killed the headmaster of a private school in Pakistan's Balochistan province. Police officials said the armed men opened fire at the vehicle of Zahid Ali,...
Read more on Politics Balla
Four more bodies recovered from sunken South Korean ship
Seoul, Dec 4 (IANS) Four more bodies were recovered Thursday from a sunken South Korean fishing ship in the Bering Sea, the foreign ministry here said. This increased the toll to 16, including six South Koreans and 10...
Read more on Politics Balla
Lesbian couple asked to desist in London restaurant
London, Dec 4 (IANS) A lesbian couple in a London restaurant was asked to desist by a staff member, who asked them to "stop what you are doing". Lydia Cawson, 29, said that she and her girlfriend were asked by a staff...
Read more on Politics Balla
Oxford Dictionaries to add 1,000 new words
London, Dec 4 (IANS) 'Mamil' (middle-aged man in Lycra), 'silvertail' (a person who is socially prominent or who displays social aspirations) and 'crony capitalism' are among the 1,000 new words to be added to...
Read more on Celebrity Balla
Oceans play key role in global 'warming hiatus'
London, Dec 4 (IANS) Increased heat uptake across three oceans - North Atlantic, the Southern Ocean and Equatorial Pacific Ocean - is the likely cause of the 'warming hiatus' -- the current decade-long slowdown in...
Read more on Politics Balla
Novel imaging to identify if TB drugs are working
Washington, Dec 4 (IANS) Tuberculosis patients who are not cured of the infection can develop multi-drug resistant TB and have to take as many as six drugs for two years. Now, researchers at University of Pittsburgh...
Read more on Business Balla
PM makes first appointment to High Court of Australia
Canberra, Dec 4 (IANS) Prime Minister Tony Abbott's government Thursday appointed former Victorian Supreme Court judge Geoffrey Nettle as the next Justice of the High Court of Australia. Attorney General George...
Read more on Politics Balla
18 suspected militants killed in Pakistan airstrikes
Islamabad, Dec 4 (IANS) At least 18 suspected militants were killed Thursday in airstrikes conducted by Pakistan Air Force fighter jets in North Waziristan. According to officials, the airstrikes were conducted in...
Read more on Politics Balla