It has been said that without sufficient revenue, a business is just a hobby. A lot of factors go into maximizing revenue for a firm. Among these are the number of customers, customer frequency of purchase, the size or value of their purchases, the margin on items purchased, etc. Our business consultants and analysts build a solid fact base to help business owners increase revenue.
One of the most important decisions for most businesses impacting revenue and profitability is how to price products and services. If a product or service is priced too high, a company can lose customers, which in turn, hurts profitability. If they are priced too low, the business can lose money or not produce the desired level of profitability. Our pricing consultants assist business owners and managers in making pricing decisions which balance volume and margin to drive net income.