In business, making pricing decisions is always tough — and even more so when the economy is slow and sales are slipping. It’s tempting to cut prices hoping to generate higher sales volume. But sometimes that just produces lower margins on a low volume. What do you do if you’re being squeezed by cost increases?
As the focus these days is on the economy and jobs, various reports and surveys show that things seem to be changing. Here are some of the statistics.
Forced to become leaner during the latest recession, American businesses are apparently doing more with fewer workers. As the economy improves, productivity (economic output per labor hour) continues to rise; it increased 3.5% in 2009 and 3.6% in 2010.
Date: 2011-02-24 Time: 01:00 PM – 01:45 PM While most business owners struggle with a myriad of issues, particularly in this challenging economy, much of what they are dealing with are actually symptoms of more fundamental issues in their business that are out of alignment. This webinar explores the four biggest problems that most businesses face, and most importantly, it …