As a business coach, I understand the power of strategic planning. I also understand that for many business owners, the thought of writing a business plan is scary, boring, time-consuming, unnecessary, difficult and many other negative words. So you’re probably expecting this article to tell…
As a business coach, I’ve consistently observed that there’s much more to a successful marketing strategy than just competing on price. In this context, two terms: Unique Selling Proposition (USP) and Points of Differentiation (PoDs), are often heard. So, what does adding value mean in…
The right pricing strategy is pivotal in the manufacturing landscape, having far-reaching implications on profit margin, sales volume, and ultimately, your bottom line. This article aims to guide manufacturing business owners towards developing efficient pricing strategies and choosing the appropriate costing methods for maximized profits.…
Introduction to Manufacturing Finance The crux of a successful manufacturing business isn’t just about creating stellar products; it’s about understanding the financial mechanics that underpin profitability. The right approach to manufacturing finance can exponentially increase the bottom line while ensuring sustainable growth in an evolving…
