Your Pricing Strategy to Maximise Sustainable Profits will have a major impact on your profitability. In many businesses, Product pricing is the biggest opportunity available to optimise your profitability. A comprehensive Real-Life Study (Hinterhuber 2004) examined the effect of implementing a 5% Value-based price increases on a sample of Fortune 500 companies. It found that typically […]
Archives for April 2021
Product Strategy to Grow Your Business
Introduction Your Product Strategy to Grow Your Business should be all about the customer and what they want. NOT you, and what you think they want. Step 1. Start by asking yourself these questions “Why am I in this business?” What is my purpose for being here? It’s not about you, and not about […]
Exit Readiness Strategy-Overview
Exit Readiness Strategy. So, You’ve Decided to Make Your Business Exit Ready! Congratulations. Most business owners find it hard to believe that they should start thinking about the sale of their business from the first day they acquire or start their business – but they should! We highly recommended you plan your exit early in the […]