How to increase prices and not lose customers
Sometimes small companies find themselves in such situations when price increases are simply necessary for the business to survive. And then entrepreneurs face a problem: how to raise prices, and not scare customers away? In this case, it is extremely dangerous to make hasty decisions. Price increase should be carried out correctly.
We have collected recommendations from experienced businessmen who will teach you how to properly raise the prices of your goods or services, and not to lose customer loyalty.
Correct price increase Continue reading
How to sell a business
For many people, a “do-it-yourself” business is an integral part of their life, and the idea that an enterprise can move on to another owner leads them into serious confusion. Therefore, if you are soberly aware of the need (or just your desire) to sell the business, then you can be called a mature and reasonable businessman. If in your life the time has come when you decide to sell your business, you must thoroughly prepare for the sale itself.
Why do people decide to sell their company? The reasons may be different – both psychological and economic or organizational. Perhaps, the owner simply lost interest in this case and plans to open a business in another area (or has already opened and is in parallel with them). Continue reading
The largest illegal business
It is no secret to anyone that you can make a lot of money in an illegal business. And so some consciously go to a huge risk, starting to engage in criminal activities.
The most famous and largest illegal business is drug trafficking. Every year, more than 70% of the profits of the entire criminal business in the world are in the back of this business. Although many countries are trying to eradicate the spread of illegal business, this type of activity still exists and is developing.
We offer you the 7 most popular types of illegal business, which, unfortunately, continues to be “on horseback”.
Rating of illegal businesses Continue reading