Sign in / up

Seven Key Strategies to Grow Your Profits

An Oracle Netsuite Report

Published March 2019
wp-seven-ways-to-grow-your-profits

Businesses are busy growing right now, and they’re more optimistic than they’ve been in the past 35 years, according to the National Federation of Independent Business (NFIB). Job creation, expansion plans and increased compensation all hit record high levels in October 2018, when 30 percent of business owners said it was a good time to expand substantially due to the strength of the economy (72 percent) and strong sales (14 percent).

If your company isn’t already doing so, now is the time to take advantage of this robust economy and grow your profits. That’s sometimes easier said than done. Many growing businesses operate with fixed budgets and finite resources. Forced to put out daily fires, fulfill the most pressing requests and manage customer issues, business managers don’t always have the time or energy to develop—and put into action—new strategies for growing profits.