Can you put your prices up?
Naomi Simson
B.Comm GAICD Non Exec Director, Entrepreneur, Business Owner, Keynote Speaker, Author
Business has changed. How customers and team members wish to engage has changed. And the cost of doing business is not the same as it was. No matter what, where or how you do business, it is important to keep focus on the fundamentals.?So let’s talk about cash.
It is reported that the cost of logistics has increased fivefold. Employee costs, cleaning costs, storage, technology, and the cost of acquiring customers have all escalated. It is time to review, take hold and make some pragmatic decisions. There are also new ways of doing business that could be more cost effective. Everything needs to be scrutinised.
In each of the below articles we are talking about growth strategies and cashflow. Cash needs to move through a business and understanding the difference between the cash required to operate a business, versus investing in capital growth is important.
I have been working with?Airwallex ?to bring you a fantastic content series. This month we are talking all about cashflow confidence. And we’ve even got a?2 minute quiz ?to have you focus on different areas of margin maximisation.
Let me know what you think and what you learned. Perhaps you wish to?ask me a question for the next season of my podcast
#choosegrowth
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PS Know somebody else in business perhaps refer them to subscribe to?Handpicked ?newsletter?and follow my?Handpicked ?podcast.?
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About Naomi Simson
Naomi Simson ?entrepreneur founded?RedBalloon ?in 2001. She has been blogging for a decade at?NaomiSimson.com , is a?professional speaker , author of?Live What You Love ?&?Ready To Soar ,?leading business podcaster ?and a “Shark” on business reality show?Shark Tank Australia.
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2 年Naomi, thanks for sharing!
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3 年Hello Naomi, charles from Kenya. Please let's communicate [email protected]
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3 年Let's talk about the 'Experience Marketplace' of not focusing on business, money or cash... Those belief systems are collapsing faster than One can pop a balloon. ;-) https://noosagoals.com - The Ultimate Consciousness Expansion Experience