Three Big Levers to Grow Your Business and What We Can Learn from Starbucks, McDonalds, and AMC
May 19, 2010
There are a billion different ways to grow your business, but there is a particular set of three “levers” that you can use to make game-changing increases in cashflow.
Your businesses cashflow is basically defined by:
Cashflow = Number of Customers x Average Ticket Sale x Frequency of Purchase
This means that if you can increase any of these three variables, you can grow your business.
Let’s look at each of these variables in detail and go through a few examples.
An Ironic Story
May 15, 2010
I just had to share with all of you this rather silly story. Heck, these days all of us can use a good irony here and there. The world is sometimes just interesting and full of strange tales.
So here is the short story. Let me know what you think.