Although ‘sales’, ‘revenue’, and ‘income’ are highly related terms, they have different meanings. These are to be carefully noted to strike a balance of your business’ needs as you do the business strategic planning. Here are strategies for businesses who aim to increase their ‘Sales and Revenue’. DIVERSIFY OFFERINGS If you’re not a new company, […]
For every company, a business strategy is a total must. It serves as the roadmap to achieving objectives leading to bigger goals. May it be in launching a new product, aiming for a higher sales target, or expanding the team. Every significant milestone is achieved by having an efficiently planned and effectively executed business plan. […]
What successful businesses have in common – old and new – is an efficient STRATEGIC BUSINESS PLAN. It is no secret but unfortunately, this is a major component that many companies are missing. THE IMPORTANCE Strategic Planning is crucially important for every organization because it is what sets the roadmap and direction of the company. […]
Every day, there are companies closing down, firing people, cost-cutting. Is the business market in the UAE failing? Definitely not. There are a number of very important elements that cause a business to stop growing and eventually play. Amongst the reasons, these four are common ones that come up in many cases. Lack of A […]