{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/60ae1de9de68e80013432e11/60d1c80971c8880013cc55a4?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Not chasing money boosts small business profits by 25%","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/60ae1de9de68e80013432e11/1624360835423-2ba8b376f2a64756cc85beb445be9f35.jpeg?height=200","description":"<p>Today I want to share with you how Calm Business Insights improved the profitability of a small £1 million business by 25% in a year.</p><p>This business created world-class products, rapidly innovating new products each year.&nbsp;The business was part of a larger £5 million turnover group.&nbsp;Expensive group executive decisions had burdened the group with debt.&nbsp;Central allocation processes placed executive and overhead costs on each business unit and outside of their control.</p><p>These issues led to a relentless focus from the Group leadership on getting more money.</p><p>One wet, blustery spring morning, finding a moment of Business Calm™, I realised that the focus on getting more money was the blockage.&nbsp;It was damaging value creation across the business.</p><p>It was blocking the talented, dedicated people in the business from doing what they do best – creating value, creating, and promoting the world-class products of which they were justifiably proud, and charging appropriately for them.</p><p>Not chasing money, removing activity that damaged value, and enjoying creating value improved profitability by 25%.&nbsp;And we won an award.</p><p>Business Calm™ achieved.</p><p>What Calm Business Insights will help you achieve Business Breakthroughs?</p><p>This is your chance to ask those burning questions that matter most to you <a href=\"https://www.businesscalm.co.uk/contact\" rel=\"noopener noreferrer\" target=\"_blank\">https://www.businesscalm.co.uk/contact</a></p>","author_name":"Rex Mackrill"}