analyze the market and competitors;

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2. We buy new assets
To increase the return on assets, you can try to scale the company. For example, buy new land, buildings and structures, more efficient equipment that will allow you to expand the business and receive more money in percentage terms.

3. Influencing profits: pricing policy optimization
Low return on assets can be improved by adjusting profits. It all depends on the structure and goals of the company.

For example, correct pricing can significantly increase the profitability and efficiency of a company's operations, which will directly affect ROA. To do this, it is important to regularly analyze market conditions, competitors, and consumer behavior. Optimizing pricing policies allows you to increase revenues without significantly increasing costs and attracting investments.

However, you need to be careful here and before adjusting the price you should:

analyze the financial stability of the business;
obtain as much data as possible about the state of the company.
For example, increasing the price of a product can, in theory, bring additional profit. But in reality, in many cases, it will only be a negative.

The rise in prices scares away customers and reduces sales volumes. Revenue and all financial indicators of the enterprise fall, and customers begin to look towards competitors.

4. Increase operational efficiency
Reducing operating (current) costs and increasing labor productivity also cambodia phone number list contribute to the growth of ROA. This is achieved, for example, by introducing new technologies, improving business processes, and, in particular, improving the skills of employees. Optimizing operating activities allows you to reduce costs and increase profits with the same number of assets.

This also includes reducing the cost of goods or services by optimizing production and introducing new technologies. The less money you spend on the production and sale of goods, the more profit you will receive for each ruble spent, which means that the ROA indicator can increase.

5. Focus on increasing income
To increase the return on assets, you need to increase revenue, income, and profit through other strategies. For example, you can:

increase sales volume;
expand the range of products or improve it;
significantly improve the quality of customer service - profit from increased customer satisfaction and an increase in the average bill.
However, remember that you should not try to implement any of these strategies without a clear analysis and plan in advance. Unthoughtful decisions can lead to negative consequences, and you will be disappointed with the results.