As an owner, choosing a physical location for your business is one of the biggest decisions you will make. Your business location is hugely important to your success. Why? It affects a number of outcomes: Price Location affects your price. People will pay a higher price if the situation demands it. ie. A vendor at
How easy is it for customers to find and buy your product? Place represents the location where a product can be purchased and the distribution channel and logistics it took to get it there. It is about getting products to your consumer and having the inventory available to fill their demand. This may include any
Are you ready to streamline your small business operations? Here are 10 areas of business operations you can review to see better results. 1. Strategy What’s your workflow strategy? Have you considered tactical vs. strategic work? What is taking up most of your time? Is there something you could delegate to someone who could do
Ask anyone in your family or your close circle of friends this question, “When have you received the best customer service?” They will tap their chin and think about it. Then, they will regale a story about a hotel that helped them get checked in early. Maybe an online company didn’t charge them for something due
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