Monday, 10 September 2018

Business strategies and techniques.


Before having started I'd like to make all the viewers aware that the strategies mentioned below are available in the market for a huge price, I am giving them for free without having you subscribing to any packages.


Most asked questions:

 - Why does my company lack the potential for getting the market share?

-  How can my business survive during crisis, failure, competition & outperform others?




1) Focus on adding value to customers and not on increasing sale.

Run behind selling your product and what you find is just a handful of customers.

Instead focus on quality, customer oriented goal, better services & what you have is customers and more customers.

Slowly growing in the long run and capturing the market and having an increase in the market share.

2)Prepare a risk management strategy.

Various business Enterprises shut down because of their incapability to face the losses incurred.

Hence, what I'm trying to tell here is every business should have its risk management strategy prepared so it is well prepared to not only face the risk but also diffuse it.

Confused?

How...? 

•Every management should know what level of risk it is ready to accept in normal running of it's business for earning profit.

•After knowing this,  business can conduct it's operation by taking such amount of risks which does not affect it's normal functioning.

•A risk management team should be prepared so it can evaluate the types of risks the business might face and what should be the proactive and reactivate actions to deal with it.

Thus for instance: If there is some competitive risk from opponents or some change in the business environment, change in fashion or change in customer wants, the business has already it's proactive actions ready so it can react to these risks and have a dominant position in the market.



Thus, the business now knows that a certain level of risk is harmful for it, what level of risk is essential for earning revenue and that it should prepare it's plan having proactive and reactivate strategies so as to enable it to deal and conquer future contingency.

Have a look at my previous posts:

Career and Satisfaction

Life is a Beautiful struggle

Which size TV to buy

Journey to Success