Right Season

Every business has the Right Season.How do you know whether you are in the Right Season or not? Most People will tell you that if you get the continuous Profit, you are in the Profit margin.The Dry Season is when you don't have Profits and you are swimming in the pool debts and you are failing to keep your business running.

What to do when you are in the Dry Season? Scale down  the supply, don't increase the Prices but instead slash them and create a Loyal Program which will keep the Loyal Customer to you who will be your  business backbone.Try to find  the other markets.The expansion should be limited.

What to do in the Profit Season?                      Do not be excited and dictated by high profits instead live your normal Life.The "surplus" should be saved for Dry Season.Don't be fooled by abnormal  Profits.

Client base.                                                            Client base includes Loyal Programs, Sponsorship in the local sports, community literacy, competition,buy now pay later(only the screened)free vacations,vouchers.            All what I said aimed at increasing your clients and profits.

Comments

Post a Comment

Popular posts from this blog

Consumer Literacy

In order to venture into any business,you must take into account of the following facts  1.How literate are your consumers as far as your  Product is concern. 2.What is their Buying Power? 3.What is your  overall impression of the environment? The infrastructure which you see from TV like housing,human movements would tell you about the prospective clients like Johannesburg,Cape Town, New York, Beijing, Brazil Cities,New Delhi, London,Cairo, Russian Cities and Eastern Europe will give you what to post. Strategies on the Internet. The Internet consumers are not "visible' but there are indicators that they are existing. The Indicators are 1.Facebook 2.X 3.Blogs The Social media will give you  the "Taste and Mood of the prospective clients.The Digital economy is active.Not all the Digital Economy is a niche.The prospective customers have different  tastes. These "tastes" depend on the A.1.Country     2.Age group      3.Gender     ...
Read more

Business Analyst

What are the duties of Business Analyst? -To find the client  behaviour. -To find  the past of the business  -To get more clients -To find the support structures  -To find, understand the financial feasibility of his/ her Department for Projects. -The  Creative ways to be relevant. Those are basic pillars of any business analyst.In addition from what has been said,the following support systems are very important: -Attitude -Determination -Consistemcy -Resourceful -Effective Decisions  -Relevance Let's first discuss the Business Analyst duties into details: 1.To find the client Behaviour  The client Behaviour differs from age groups.From clothes to technology.You must target,invest to the specific group and seize the opportunity which may grow. 2.The  pace of the Business  When is the business active? Usually the November-December times are good  for  few businesses  because people are in the mood of spending. 3.To get more clie...
Read more

What are the most dangerous "acts" in a meeting?

The following acts should be avoided: 1.Keeping quiet in the meeting when others contribute. 2.To say openly I don't know when urged to contribute in the meeting. 3.To keep on excusing to bathroom. 4.To keep on critizing negatively and not giving your opinion. 5.To be emotional,answering with a disrespect. 6.To raise irrelevant issues in the meeting. The dangerous acts which may be committed by the management. 1.Not supplying  an itenary  say 3-5 days before. 2.Not allowing the  members contribution  Each member must get two  copies.The first copy had to have the Agenda.The second one should allow the member to contribute and be submitted 3 to 5 days to the management. 3.The management should not avoid issues be serious or not serious or seen as useless or irrelevant. 4.The  members  should be allowed to contribute and be given satisfactory answers if there  are no answers,the members should be told that the management will try to find answers. 5....
Read more