Backstop has a host of free resources to save you time and money
Short on Cashflow!
1% Price Change gives 11% Profit Increase
A survey of 1,000 European companies reported that a 1% change in the price of goods sold led to an average of 11% improvement to profit.
The actual profit improvement will vary with the particular characteristics of your business.
You can quickly see for yourself in this online Google Spreadsheet.
Just put your annual accounting information in the green shaded cells for an instant estimate.
Its anonymous. We don’t store the results and you can delete your information when done.Spreadsheet
If you would like more on the big brother of this simple tool, visit our TrendBoard
To learn more about our similar business modelling and diagnostic tools, signup for our newsletter here.
Download Free Profit Growth Aids
Our sister website ProfitSavvy.org has a host of free simple tools you can use to research how to improve your Sustainable Business Success