How to move your business profits from Break-Even point to surplus.

Loading player...
Lukho Mkwedi Phuthi is in conversation with Blessing Ndabula about how to move a business from the break-even point to surplus. The break-even point is where total costs equal total revenue, meaning there is no profit or loss. To grow beyond this, businesses should improve profit margins by increasing revenue through upselling, premium options, and bundle pricing while cutting costs via supplier discounts and energy savings. Expanding the customer base through geographic growth, online sales, and regional exports also boosts revenue. Finally, retaining existing customers with loyalty programs, referral bonuses, and consistent service is key to sustainable business growth.
13 Aug 9AM English South Africa Christianity · Christianity

Other recent episodes

How we can use our December bonuses wisely?

Lukho Mkwedi Phuthi wraps up the show with Blessings Ndabula, delving into the wise use of December bonuses for financial peace. Prioritize bills first: clear school fees, electricity, credit cards, and other debts to avoid interest buildup. Create a detailed grocery list before shopping to prevent impulse buys and stick…
11 Dec 3AM 15 min

How can we bring December festivity time peace and calmness?

Lukho Mkwedi Phuthi returns to the studio with Charlene Naidoo to explore bringing peace and calmness amid December festivities. Busy schedules, family gatherings, and spending pressures often heighten holiday anxiety. Set boundaries on commitments, prioritize rest with short meditations or nature walks, and practice mindful budgeting for meaningful traditions. Foster…
11 Dec 3AM 32 min

Understanding kidney health.

Lukho Mkwedi Phuthi wraps up the show with dialysis technician Loyiso, a preacher, author, and singer originally from the Eastern Cape and now based in Gauteng. Loyiso explains what dialysis is, how the process works, and why it becomes necessary when the kidneys can no longer filter waste and excess…
11 Dec 3AM 24 min

Marriage Preparation Part 3.

Sibongile Mofokeng welcomes Adv. Rufus Malatji to the studio for Marriage Preparation Part 3, diving into the essentials of marriage counselling with a focus on finances. They stress that couples often plan elaborate weddings but neglect marriage itself, leading to financial pitfalls like merged debts under community of property laws…
11 Dec 1AM 33 min