Assessing Your Current Position
When you set out to Increasing Your Business Profitability, you need a starting point. Once you have established it, it is time to look at how you are going to achieve it. Define your current position in terms of:
- Market Share
- Cost Position
- Market Constraints
- Productivity Levels
- Current Profitability
This gives you a clear baseline on which you can start building and will help you to measure the success of your actions.