One of the biggest frustrations many business owners have particularly in the Manufacturing, Trades & Technology Sectors are lost profits due to underselling their products and services. I had a conversation with a Contractor in Surrey last month. He felt that he had to discount his prices to ensure he got the job. I asked […]
Continue readingThere is a profitability epidemic lurking amongst manufacturing and trades businesses. Although a large number of businesses in these sectors are flourishing there are many well established businesses that employ five to fifty people who struggle to break even. In many cases the owner earns the same as their employees and works over seventy hours […]
Continue readingHow many times have you had a customer ask you to submit a proposal in a certain way so they could “compare apples to apples“? Chances are that you take the path of least resistance by complying with the request. The customer does their comparison and then watches you fight over their business with the […]
Continue reading