HomeDonna Marie Thompson, PhD CEO of Expert Profit Solutions Guided Small Business...

Donna Marie Thompson, PhD CEO of Expert Profit Solutions Guided Small Business Owners on Strategy and Goals & Objectives in the Peak Profit Potential Mastermind Group

Published on

Washington, DC, May 14, 2013 –(PR.com)– Donna Marie Thompson, PhD guided a group of small business owners on the key topics of strategy and goals objectives in the Peak Profit Potential Mastermind group. “As the foundation, business strategy revolves around: what you’re doing, why you’re doing it, for whom, the expected client benefits, and the expected business benefits,” commented Dr. Thompson.

According to Dr. Thompson: “The key measure of your business strategy is: Are your customers raving?” The Peak Profit Potential Mastermind session on Business Strategy and Goals Objectives addressed key issues facing every small business owner. “Where can you successfully compete and finish first? What are the trends telling you? What does your data mean? What do you know for sure about your strategy? What else do you need to know to boost your profits?” inquired Dr. Thompson.

Hidden profits are everywhere in small business starting with the income statement. They lie in inefficient business processes and directly impact the bottom line. Dr. Thompson asserted: “There’s a ton of money to be made in effective cost control to protect small business profits. Top line growth is good; cutting excess costs is great.”

The business owners freely commented on aspects of business strategy that were clear and the many more areas where guidance was sought. The mastermind format enabled small business owners to formulate revised strategies along with their peers in search of increased profits.

Dr. Thompson remarked: “Providing exceptional customer value, day in and day out, that’s what small business is all about. Spending money that directly builds customer value is money well spent. The customer value lens keeps you focused on delivering customer benefits that they’re willing to pay for. Adding special features without proven market value simply reduces profits. This hurts your bottom line. It shows up quickly and adversely on your income statement.”

The next Peak Profit Potential Mastermind is designed around measures and business cost drivers.

Donna Marie Thompson, PhD, MBA, CPA is an acclaimed platform and cruise ship speaker, a two-time best-selling author, and former Director at PricewaterhouseCoopers Consulting. She is a small business profitability specialist who created The Profit Pyramid TM and runs powerful Peak Profit Potential mastermind programs.

Sign up now if you had profits in 2012 and want to boost them in 2013 at http://www.ExpertProfitSolutions.com

And look out for Donna Marie Thompson‘s upcoming book: Peak Profit Potential: A 4-Step Program to Stop Your Business From Leaking Money. Reserve your copy now.

Latest articles

10 Best Loans for Students

10 Best Loans for Students Loans for students are a necessary evil. Student debt is at an all-time high with this year's debt reaching 1.75 trillion. While, at the same time, the nation-wide average for unemployment has skyrocketed with 6.3 million experiencing joblessness. Thus, finding promising loans with affordable interest rates is more important than ever. Sofi Fixed APR: 2.49%-7.59% Variable APR: 1.74-7.24% Maximum Loan Amount: 100% cost of attendance With a shockingly low fixed rate of 2.49% -7.59%, Sofi is the number one lender at BlogWallet. [...]

Rappers Myron Rainey and Christian Sanders Shot Dead in Ohio (Video)

https://www.theindustry.biz/wp-content/uploads/2024/11/Screenshot_372.pngOver the weekend, a tragic shooting occurred in Shaker Heights, a wealthier neighborhood in...

Who is Kevin O’Leary?

Discover Kevin O'Leary, the renowned Shark Tank investor and business mogul. Learn about his entrepreneurial journey, success strategies, and impact on the business world.

Ex Radio Jock, Stephon Ferguson, Makes Living Imitating Dr. Martin Luther King around the World

KUDOS to a former radio jock for using his radio leverage to create an amazing opportunity for himself. Stephon Ferguson, 48, discovered his amazing ability to emulate one of the greatest leaders of our time Dr. Martin Luther King by chance in the late 90s. Ferguson was mixing a vinyl recording of Martin Luther King Jr.'s famous "I Have a Dream" speech on Motown records with a beat and he was overheard by a friend who came into the room asking if that was him.” Ferguson told ABC News. [...]

How Skillshare Democratized Learning and Created a Global Community of Creators

Discover how Skillshare revolutionized online learning, empowering millions to explore their creativity and learn new skills in a vibrant global community of creators.

The Birth of Native Instruments: How They Changed the Landscape of Digital Music Production

Native Instruments revolutionized digital music production with innovative software and hardware. Discover how this tech pioneer transformed the industry landscape.

Chicago Budget Passes Amid Migrant Spending Chaos (Vidoe)

In a tumultuous session held at Chicago City Hall, the Chicago City Council narrowly...

Entrepreneur Mistakes: Unimportant Interruptions

Do not allow anyone to throw your day off. Nothing like  unimportant interruptions For some odd reason, many people think that black entrepreneurs do nothing but sit around and twiddle our thumbs and wait for money to come in. I guess this is why we get unimportant interruptions during the day? They are really under the impression that because we do what we love we're not working. And part of that is correct, we're not working. But we're always busy and we never sleep. [...]

10 Tips on How to Improve and Make More Money with Your Business

One of the greatest complaints and challenges in business is almost always money. We...

How to Manage Your Business Calendar Automatically with Tech

Discover smart ways to streamline Business Calendar Management using automation tools and tech solutions. Save time and boost productivity with these essential tips.

More like this

Poetry Bar Launches On-Line Petition to Free Zhu Yufu

Atlanta, GA, February 05, 2012 --(PR.com)-- The Camel Saloon today announces the creation...

Odyne Systems, LLC Showcasing Hybrid Power Truck System Selected for Nationwide Deployment by the DOE at ICUEE 2013

Waukesha, WI, August 02, 2013 --(PR.com)-- Waukesha based Odyne Systems, LLC, a...

Capital One Café: Bank and Coffee Shop, Review

Capital One Café comes as a surprise because for most people, Capital One is a credit card company and one that does an excellent job of marketing and promoting its services. [...]

jobsDB Singapore Jobseeker Report Reveals Singapore as a Nation of “Change Seekers”

Singapore, Singapore, March 06, 2013 --(PR.com)-- On the constant lookout for new...

mRELEVANCE Launches New Signature Homes Blog and Social Media Program

Atlanta, GA, September 24, 2011 --(PR.com)-- mRELEVANCE, LLC is pleased to announce the...

12 Things all Small Business Owners MUST DO to be taken Seriously

Quite often we are TOO focused on the PRODUCT and not the PRESENTATION... which...

ClearTrack Information Network Named a 2013 Top 100 Logistics IT Provider

Brentwood, TN, May 17, 2013 --(PR.com)-- ClearTrack Information Network, a leading provider...

Downtown Establishes $200M Fund to Support Independent Artists and Entrepreneurial Business Owners With Financing From Bank of America

Downtown Music Holdings (Downtown℠), the world’s leading music services provider, announced today that it has established a fund to invest over $200 Million to support independent artists and entrepreneurial business owners. The fund, supported by a new credit facility with Bank of America, will be utilized across Downtown’s distribution, publishing administration and artist and label services operations.  “Empowering artists has been Downtown’s core mission from the very inception of the company,” said Andrew Bergman, CEO of Downtown Music Holdings. [...]

How to Enhance Your Small Business Cybersecurity with AI

Discover how to protect your small business from cyber threats using AI technology. Learn practical steps to implement cybersecurity with AI for enhanced data protection and threat detection