Archive for Business Growth’ Category

11

Apr
2017
Comments Off on What’s Next?? | Extraordinary Business

What’s Next?? | Extraordinary Business

business

As a business owner, how many times during the day do you simply want your staff to “get it done?” Do you find yourself getting frustrated, sitting down (or getting up) and doing the task yourself? What kinds of feelings does this incompetence engender in your line of thinking? Where does it go?

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21

Feb
2017
Comments Off on Market Assessment Series: Part 8 | Extraordinary Business

Market Assessment Series: Part 8 | Extraordinary Business

Question 8: Which customer organizations should we target first?

Customer

We started the market assessment series to take a deeper look into the best ways to analyze a new market when entering it. From market size and segmentation to competition and profit margins we discussed many crucial aspects of market assessment. In this 8th and final part, we’ll discuss the importance of understanding your ideal customer.

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31

Jan
2017
Comments Off on Market Assessment Series: Part 7 | Extraordinary Business

Market Assessment Series: Part 7 | Extraordinary Business

Question 7: What sort of margins are expected in the new market and how do these compare to the overall margins in our company?

profit margins

In the previous article we discussed the matter of sizing up competitors in the new market. In this seventh part of our market assessment series, we’ll look into another crucial aspect – profit margins.

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