Boosting Profitability

Overview

Running a small business in Western Australia is getting tougher.

Fuel, wages, rent, insurance, supplies and interest rates have all put pressure on margins. Customers are watching their spending, competitors are becoming sharper, and AI is changing how businesses market, sell, quote, manage admin and serve customers.

In this environment, profit can disappear quietly.

Research suggests business inefficiencies can account for up to 30 per cent of operating costs. For many WA businesses, that means money is being lost through wasted time, duplicated work, poor systems, excess stock, underused staff, slow processes, unnecessary expenses or missed sales opportunities.

This practical workshop helps business owners step back and identify where money, time and effort are being wasted — and what to do about it.

Using a clear seven step process, you will learn how to find opportunities to reduce costs, remove waste, improve productivity and strengthen your bottom line.

The goal is simple: help you make your business more efficient, more profitable and better prepared for the future.

Main topics covered

In this workshop, you will learn how to:

• Analyse the key factors that drive profit in your business
• Identify where rising costs are affecting your margins
• Generate practical ideas to improve sales and increase revenue
• Review overheads and variable expenses to find savings
• Use the Seven Wastes framework, originally developed by Toyota and adapted for small and medium businesses, to identify waste in your operations
• Explore how better systems, processes and technology, including AI, may help reduce time and admin burden
• Develop a practical one page action plan to reduce inefficiencies and improve profitability

Who it’s for

This workshop is for small business owners in Western Australia who want to improve profit, reduce waste and make their business more efficient.

About the presenter

Emergination offers practical business coaching and expert advice, specialising in sales and marketing, strategic planning and implementation support. Managing Director Justin Davies has more than 15 years experience as a business coach, dedicated to empowering business owners to thrive. As an accomplished mentor and facilitator, he is committed to helping startups and business innovators succeed by providing valuable guidance and support.