Profit is a prerequisite for the success of our industry: without profit, there is no way for the company to grow sustainable, no way to offer people professional and financial growth opportunities, and no way to attract good new people to the team.
Costs must always be optimized: to make a profit, our team needs to be “paranoid” with cost optimization. Costs should be reviewed periodically and reduced whenever possible.
More Productivity: our team needs to be more productive, deliver more results in the shortest time possible, and thereby optimize your staffing costs.
More value to our customers: our business needs to deliver more value to its customers. The idea is to make our customer see more value in your products, be willing to pay more for it, and thereby increase the price and profit margin of your products.
1. Simplify both sides of the equation
2. Combine like terms
3. Divide both sides by 4
x = 12
Put very simply, as one muscle contracts, the corresponding muscle relaxes.
• services can be bought by consumers , as well as goods
• services can be bought at just about any price with not much difference in quality
• product markets are markets such as services
