(Episode 242: 14min 36) Now more than ever it is important to understand where your profits are really coming from. Nathan Sherry, Managing Director of Profitreports.com.au, says it’s important to segment your financial reporting to understand which aspects of your business provide the best return. In today’s BTalk Australia he uses last year’s financial results from Woolworths Limited to demonstrate how a segment providing a good sales margin isn’t necessarily what’s best for your business.
Phil Dobbie asks Nathan to tell us what he reads from these results, and how your business can start down the road of segment reporting.
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