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- May 16
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alisa-mccabe
- 0
Pricing Strategies: How To Price Your Services
Have you reviewed your profit and loss statement, only to find a loss that leaves you feeling frustrated? Once you do another look over, you need to find out why. One place that entrepreneurs sometimes forget to look is at pricing. If your service is not priced right, you will not be profitable, no matter how much you increase sales.
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- May 02
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alisa-mccabe
- 0
Improving Profitability: The 80/20 Rule
The 80/20 rule, also known as the Pareto Principle, suggests that roughly 80% of the effects come from 20% of the causes. In the early 1900s, Vilfredo Pareto identified this pattern while examining the distribution of wealth in Italy.
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