attitude of customers
When you open your own business, a person is faced with many tasks. It takes a lot of time to promote a brand and develop a technology. The ability to realize management talents, gain financial independence and make a business a profitable investment is the goal of every entrepreneur. However, due to inexperience, novice businessmen often make mistakes and feel insecure. What is a franchise and how does it work? Why is a franchise business justifiable? We will try to answer simply and easily. Continue reading
Each entrepreneur can confidently say that raising prices is a morally difficult and unpleasant occupation. Everyone is afraid to scare customers, lose profits, etc.
But in a crisis, revising prices is not a whim, but a necessary measure. The main thing is to conduct it competently, then the buyers will remain, and the profit will remain, and even if some of the buyers are eliminated, new, more profitable partners will definitely come in their place.
The last few months have become a serious test for domestic businessmen – the high level of inflation has undermined the pricing of the vast majority of entrepreneurs. If, first of all, those who were associated with foreign partners in matters of purchasing ingredients and consumables reacted to the jump in the dollar exchange rate, then completely domestic producers who did not want to make big profits due to a significant increase in prices for all other goods pulled themselves up . The process has become a closed cycle and has become irreversible. Continue reading