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Your business success or failure can come down to your product and service pricing methods. The price of your products sets the pace for your sales and the value of your business. To come up with the right prices is tricky. If you are too high customers will refuse to purchase. If you are too…
Business communication skills are important in building your small business. Who do we communicate with? Just the customers? Of course you need to talk professionally with them to help them fulfill their goals, but there are other people associated with your business to consider. Learning to communicate with your employees is important so you can…
Through personal experience I learned that a business plan is essential to successfully start and run a small business. In the beginning I dove in and created my product line (woodcarvings) and tried to sell with little success. Soon my records were a mess. If anyone asked what the nature of my business was I…
When I turned my woodcarving hobby into a small business I had no idea what customers wanted to purchase. I carved pieces and hoped people would like them. My first attempt at selling wood carvings was at a small craft sale at someone’s home. It resulted in few sales but lots of doubts. I thought…