"Profit" should never be a dirty word in business!

When an entrepreneur sets out to build a new business from scratch he does so with one goal in mind - to make Profit from doing what he loves. Those resulting profits are a derivative of the business that he is owed, as a result of the risk that he took and the hard work that were invested continually through the start-up phase and beyond.

As the Owner, he was chartered with providing the Vision for the Company, adding the start-up capital and hiring capable managers. Beyond that, it is really the fundamental job of those same managers to develop the systems, hire and motivate quality employees and produce the company's products/services at an acceptable level of profits. Initially, there were adequate profits to grow the business and provide some profits back to the Owner. But too often, this profit is eroded over time due to managers failing to keep their eye on the ball and allowing distractions to enable Profit Leakage to enter the business in various areas. Eventually, this Profit Leakage will result not only in reduced profits for the Owner, but inadequate cash flow as well.
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