If you don’t communicate how much your products or services are worth, then you will end up competing on price and making less than you should.
Trading Price For Sales
Many business owners cut prices to grow sales, without appreciating how many more sales are actually needed to offset the profitability impact.
Hidden Cash
Many business owners overlook the cash that is hidden by working capital activities, like debtor accounts and unsold inventory.
Youth Employment B-BBEE Boost
The introduction of youth employment incentives will make it a lot easier for companies to achieve a competitive B-BBEE score.
Low Prices Set Low Expectations
The price that you charge needs to match the promises that you make; low prices usually translate into equally low expectations.