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Profit Improvement Candidacy

By Steven Martin, Business Solutions - The Positive Way

Here's your chance to determine if your company is a candidate for a cost reduction or profit improvement initiative. Are you a candidate for an initiative? - 10 questions.

Results will appear in a pop-up window and will include numerical ranges for your situation and comments explaining the "wrong" answers.

1. Do you have significant competition?

   Yes

   No

2. Are operating and/or production costs increasing?

   Yes

   No

3. Is there downward price pressure?

   Yes

   No

4. Are products/markets mature or maturing?

   Yes

   No

5. Are investors/owners dissatisfied with your profits?

   Yes

   No

6. Is your market share small or diminishing?

   Yes

   No

7. Do you need or want a bigger market share?

   Yes

   No

8. Is your sales force meeting resistance?

   Yes

   No

9. Are new competitors entering the market?

   Yes

   No

10. Have you had a cutback or lay-off in the last 3 years?

   Yes

   No

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