Answer Review :: Haq Hai | Business Coaching in India | IILD

Q. Can I expand my business with 5 % of gross margin.

: Amit jain | : 2017-12-24 | : BusinessgrowthAccountReceivables

Reveal Answer

Yes, you can

1. If the Indirect expense is not high, you can expect a margin up to 2-3 %

2. For a volume-based business, if you wish to earn 2-3 crore, then you need to focus on doing a business of at least 100 crores.

3. You highly need to take care of Account Receivables, it has to be on time or before time, have a proper follow-up mechanism on AR.



Upcoming Questions

Q. I have a very low margin business .wholesale and retail of rubber sheets ..just %5 margin in wholesale and max 15 % in retail...How can i improve on my business .

Q. I would like to know how can u help to increase our business.

Q. How to improve Human Resource?

Q. My inventory is more than my sales, how can i make my sales equivalent to inventory

Q. How can i hire the right people in my business?


Copyright © 2017. | | All rights reserved | Powered By - A&A Business Consulting