growing bottom lines
TRANSCRIPT
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GROWING THE BOTTOM
LINES
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It your Operations & logistics
What is bottom lines ?
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A company's bottom line can also be referred to as net earnings or net profits
the bottom line is a company's income after all expenses have been deducted from revenues. These expenses include interest charges paid on loans, general and administrative costs and income taxes.
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Is there a top lines ?
The top line refers to a company's gross sales or revenues.
Therefore, when people comment on a company's "top-line growth", they are making reference to an increase in gross sales or revenues.
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growing bottom lines
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Determine your profit
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Bottom-line growth would occur in a situation where a company found a new supplier for raw materials that results in a cost savings of $4 million
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The Clues
Efficient Spending money for operating cost
Effective controlling total cost
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Make your CHECKLIST
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See details
Grouping
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You & team must :
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Great team are made not born
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Rewarded
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Follow the PDCA cyle
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Keep in Your mind : Put people first & Principe than profit will come
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Last one
this is not to say that a company cannot growing both top-line & bottom-line at the same time.
This mean to success a company have to earns more revenue (top line) and reduces its operating costs (bottom line).