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When growing your business, do you just look for growth or increased profit margins?

WRITTEN BY STEVE MARR
FRIDAY, 14 FEBRUARY 2020

King Solomon wrote, "Know well the condition of your flocksÉfor riches are not forever" (Proverbs 27:23-24 NASB).

Many business get caught up in growing a business and lose focus on everything except growth. Healthy growth will increase profit margins as well as growing sales. When planning how to obtain new business, open new stores, or otherwise expand operations, take time to plan how profit margins will improve as you grow. Overhead cost should be added at a slower rate than increased sales, increasing your profit margin. Grow healthy for success!

In the Word

King Solomon wrote, "Know well the condition of your flocksÉfor riches are not forever" (Proverbs 27:23-24 NASB).

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"Steve Marr's Roadmap to Success is a must read for anyone considering the high calling of starting and operating a business. This book provides practical insights, knowledge, and biblical principles that will assist any entrepreneur with the needed guidance for being eternally successful." Get your copy at e-book speed today!

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