If two shoe retailers sell the same number of shoes at the same price, what would make one of them earn more profit than the other? Simple – Their profit margin. Increasing the profit margin of a business is the […]
Grow Your Business
You can’t compete with big businesses and brands. At least that’s what it seems like when you take a look at some of the advantages that have: – They have a recognizable brand name – They have a huge marketing […]
Know what your customers want. This is one piece of advice people give to business owners again and again. You read about it in articles, listen to coaches talk about the importance of listening to customers and being customer-focused. But […]
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