How to Increase Profit Margins: 30 Experts Reveal the #1 Way Small Business Owners Can Improve Profits – Direct Capital

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How to Increase Profit Margins: 30 Experts Reveal the #1 Way Small Business Owners Can Improve Profits

By: Angela Stringfellow

Article originally published on DirectCapital.com on July 7, 2015 

Every business wants to make a profit, and in order to withstand the test of time, a healthy profit is a necessity. But what’s the best way to increase your profit margins and boost your company’s bottom line? Is the secret cutting back on expenses or raising prices? Maybe you should cut back on inventory or renegotiate supplier fees, or perhaps your company needs to amp-up its marketing plan.

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Brittany Whitmore

Brittany is highly passionate, energetic and always learning. She believes in the power of creativity and innovation and initially dove into entrepreneurship running a successful marketing company. She currently handles communications and community management for Procurify, and also supports her community through mentoring, volunteering and community events. Brittany's motto: go big or go home!

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