AngelBiz commented on the following stories on BizSugar
While I agree with your approach I must say that consumers still value sale and coupon as much as before. The psychology of not having to pay full price and "saving" money plays a big role in purchasing decision. J. C. Penney tried fixed price approach and it led to a disaster. They are still trying to recover from it after more than a year."
Excellent insight. When I am talking to a salesperson I want him to come prepared with knowledge about my business, challenges I am facing and how his solution can help overcome those challenges or growing my business. If he does not talk in those terms I have little patience to talk to him."
Excellent article and very detailed list indeed. In my experience buying or selling a business is a long and cumbersome process. The list of actions you have provided gives and excellent framework to work with and drive the sale to completion."
Just like marriage it is very important to go through due diligence and make sure both partners are compatible with each other on all expectations. This is a long-term relationship and not having the right expectations and alignment can hurt, more to franchisee than franchisor."
Excellent suggestions Julie. I think following up with your customers on a periodic basis is very important. This makes them feel special and shows that you care about them and their business. besides, it gives you opportunity to learn what is working well and what needs to improve. "