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LenderInsights: Is there a mole in your operation?

Posted by LenderInsight under Management
From http://lenderinsights.blogspot.com 5327 days ago

In business, we often have moles creep into our operations. I'll define them here as products or services that are unprofitable for your business. They are quietly stealing away your hard-earned money and sabotaging your profitability.

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Comments

Written by ShawnHessinger
5327 days ago

Great post with probably the logical question being when to decide a product or service isn't working. How long do you give a new product to catch on (not everything takes off in the first week)and how long do you give an older product which made money in the past before discontinuing?

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