Increase your business potential energy
Last week we talked about four ways to increase prices for your business. In that post, I’ve described four different techniques to increase your price based on different situations as a reason for that step. But, the real problem when we talk about raising the prices is the customer’s perception. I don’t know entrepreneurs that [...]
When we talk about prices, it is very sensitive question for each entrepreneur. Higher price mean more profit, but on the other side, it’s also danger to lose some of your current customers. Sometimes as an entrepreneur you are forced to increase your price. That forces are dictated from your market, and they are highly [...]
Business operations are critically dependent on positive movement of cash. Unfortunately, you can’t always pay your bills from sales and profits. As a business owner, you need to become the master of your company’s cash flow. You also need to control costs and have a good collection system set up for your accounts receivable. Additionally, [...]
Pricing is a combination of science and art. We cannot focus on science without art or on art without science when we are pricing our products and services. Do you think that your price is one of the most important elements in your business? Do you know that everything that you do in your business [...]
Cash is the king for each company and entrepreneur. They must love it! They must have it! Without money, the existence of the company is in doubt. Without it, we cannot grow our business. We cannot finance daily business operations. We cannot market our company… You as an entrepreneur must use tools as cash flow [...]
