Jun 21, 2020 | Articles, Sean Answers
What is the difference between a customer and a supplier? A customer buys from you and a supplier you are their customer as they provide for you.
Jun 20, 2020 | Articles, Sean Answers
How did Walmart differentiate itself as a retailer? Massive store size and selection at lower prices in smaller cities were the original big 3 of how it differentiated itself from the flock.
Jun 20, 2020 | Articles, Sean Answers
What is the importance of insurance in a business? Insurance if our protection (picture a wall or bodyguard) from events that can put you out of business. Insurance protects against large unforeseen expenses you are probably not able to pay yourself. Insurance...
Jun 20, 2020 | Articles, Sean Answers
Is it better to increase the price by 1 percent or increase the customer base by 1%? Both! You should always be trying to create more margin as well as growing your customer base.
Jun 20, 2020 | Articles, Sean Answers
What happens if customers are not satisfied? CUSTOMER SERVICE DOCTRINE Find out why they are unsatisfied and how it can be corrected and make it right as fast as possible and a simple apology goes a long way. Make sure you don’t have a systemic customer service...
Jun 20, 2020 | Articles, Sean Answers
How do I make effective decisions in a business? How to MAKE GREAT BUSINESS DECISIONS EVERY TIME Accept from the beginning you will make the best decision possible and quickly, as this is often where many get stuck, based on the information you have at the time. I...