Crosswalk.com aims to offer the most compelling biblically-based content to Christians on their walk with Jesus. Crosswalk.com is your online destination for all areas of Christian Living – faith, family, fun, and community. Each category is further divided into areas important to you and your Christian faith including Bible study, daily devotions, marriage, parenting, movie reviews, music, news, and more.

Intersection of Life and Faith

<< Integrity Moments with Rick Boxx

Integrity Moments - September 14, 2015

  • 2015 Sep 14
  • COMMENTS

 

 

The Third Key to Financial Success-Overhead Margin
By: Rick Boxx
September 14, 2015

Before 2008’s recession, many prosperous businesses overlooked their increasing overhead expense. When our financial system began crumbling many organizations needed to react quickly to their declining revenue to survive.

Several friends of mine took dramatic steps to cut overhead expense. They were amazed how bloated their budget had become. By managing their overhead, many became much more profitable even though their revenue had fallen as much as 40%.

The Third Key to Financial Success in businesses is Overhead Margin. Closely monitoring your overhead can greatly enhance profitability.

1 Corinthians 4:2 teaches, “Now it is required that those who have been given a trust must prove faithful.”

If you desire to be faithful with the business God has entrusted to you, closely monitor your overhead margin. It can dramatically improve your profit.

Learn more about Rick Boxx and Integrity Resource Center

Archives

Follow Crosswalk.com