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On Saturday 5/10/2024, AFS CFO Nikos Karamanos was a guest on the 989 radio station show, hosted by marketing consultant Themis Sarantaena. During the discussion, they analyzed one of the most critical topics for modern businesses: the secrets of profitability and strategies for scalable growth. Karamanos emphasized the best practices a business can adopt to ensure that it can increase profits without increasing costs, highlighting the strategies that lead to long-term business success.

 

Particular emphasis was placed on ways to increase profits without the need to significantly increase costs, while practices that help to identify the most profitable products or services were analysed. The discussion then moved on to resource and cost management, with practices that reduce operating costs without compromising quality, and the use of technology to reduce costs and increase productivity was discussed.

In addition, cash flow management methods were presented, which ensure stable profitability, while the section on "scale-up" analysed the differences from simple growth and the signs of a company's readiness for this step. Finally, the analysis focused on the financing options available and the role of external investors, with practical advice on when it is appropriate to seek external investors.

Don't miss the opportunity to listen to Nikos Karamanos' valuable advice for the profitability and growth of your business. Tune in to the show and discover how to improve your profits without increasing expenses!