Here are seven ways that service providers hold their businesses back from climbing out of the ranks of also-ran commodity to brand and value leader.
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OPENForum voted on the following stories on BizSugar
7 Ways To Limit Profits In Service Business Or Consulting Practices
Posted by sannwood under FinanceFrom http://www.openforum.com 4984 days ago
The 6 Biggest Mistakes Made When Buying a Business
Posted by maplesummit under FinanceFrom http://www.openforum.com 4994 days ago
Have you considered the possibility of purchasing a business? If so, there is a good chance that you may make one of the many mistakes that are common in people purchasing pre-existing businesses.
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5 Ways to Increase Prices Without Losing Your Customer
Posted by maplesummit under FinanceFrom http://www.openforum.com 5006 days ago
Every company wrestles with the question of how to increase prices without losing many of their customers. For small businesses, this issue can raise many problems, especially if their original strategy was to offer products or services free of charge or at incredibly low rates.
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5 Ways to Generate a 7 Figure Income
Posted by maplesummit under FinanceFrom http://www.openforum.com 5019 days ago
It’s safe to say that everyone would love to make $1 million. But is it really possible? Christine Clifford owns five businesses and is the author of You, Inc.: The Art of Selling Yourself. She says any average Joe can hit the jackpot if they follow these five simple rules.
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10 Business Model Pivots to Improve Cash Flow
Posted by maplesummit under FinanceFrom http://www.openforum.com 5019 days ago
The underlying theme of a business model is to find the most scalable and repeatable way to offer your products and services, and many pivots need to happen to maximize the life-blood, or cash flow, of the business. Here are the 10 most common cash-flow pivots I have seen deployed in the ever-pivot
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Turn Your Annual Operating Plan into a Budget
Posted by maplesummit under FinanceFrom http://www.openforum.com 5023 days ago
If you are like many entrepreneurs, budgeting is an annual exercise that you may prefer to do without. However, your budget is a powerful tool for ensuring the success of your business, so it’s worth the time and effort to prepare one.
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