Ajay, What is your profit margin?

Ajay,

I get it.

Analyzing expenses and reviewing profit and loss statements are a drag. They are not nearly as much fun as designing a cool new website. But, if you focus on just a few of the financial details, you can still have fun building websites AND make a lot more money in the process.

One of the most important parts of running a successful web design business is maintaining a high profit margin. If your profit margin is 30%, you will have the cash you need to grow your business. Anything less and you may find yourself on the proverbial "treadmill."

Running like crazy, but not going anywhere.

Let's use a $3,000 website project as an example. That $3,000 has to cover:

- Advertising/Marketing
- Sales
- Web Design/Development
- Project Management
- Admin
- Overhead

Once you have paid all those expenses, including paying yourself for your time, you should have $900 in profit left over. That $900 is critical to the success of your business. It is the "fuel" your business needs to grow. It gives you the cash you need for Advertising, Marketing and Sales so you can land your next client.

Click the link below for more details on how to increase your own profit margins...

http://app.getresponse.com/click.html?x=a62b&lc=fz3OZ&mc=lt&s=Rqarl0&u=B8ybI&y=Q&


To your success,

Conrad Feagin



101 East Park Boulevard, Plano, TX 75074, United States

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