In Part 1 of this Series a case was made for establishing revenue growth as a key goal of a bowling-based business. Revenue growth can be achieved in two ways; selling more or charging more for what you sell. Charging more for what you sell is a matter of knowing what the market will […]
Archive for April, 2010
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The Basic Bowling Business
April 20th, 2010 by Joe Schumacker
Series 1, Part 1 – Growing Profit for the Long Term The most basic equation in business is the Profit Equation: REVENUE – EXPENSE = PROFIT The basic profit equation is one of if not the first learning points made in every entry level business course. Profit is what is left over when expense is […]
Think You Can
April 17th, 2010 by Joe Schumacker
JaNelda and I had the opportunity to visit the Marco Beach Ocean Resort this past week to secure the resort as the host property for the December 2010 MUBIG meeting. We spent a considerable amount of time with Robert Fesik, the Director of Sales for the resort. In an early conversation, Robert mentioned a sentence […]