Monthly Archives: April 2018
Despite the crisis, life does not stand still, profit continues to exist and money still needs to be earned.
How to approach the crisis situation from an economically competent point of view? The postulates of Economics state that ” it is necessary to review expenditures by reducing them.” This will bring more benefits than trying to earn more money. Top managers know the secrets of what and how to save money, and what costs are best left at the same level.
The lessons of the crisis economies or reduce expenses wisely
First, let’s look at the most classic, traditional methods that many people know about and use: Continue reading
Every entrepreneur can say with confidence that raising prices is a morally difficult and unpleasant task. Everyone is afraid of scaring customers, losing profits, etc.
But in a crisis, reviewing prices is not a whim, but a necessary event. The main thing is to conduct it correctly, then the buyers will remain, and the profit will remain, and even if some of the buyers are eliminated, then new, more profitable partners will definitely come in their place.
The last few months have become a serious test for Russian businessmen – high inflation has undermined the pricing of the vast majority of entrepreneurs. Continue reading