March 8, 2021

5 Reasons Businesses Buy Life Insurance

1 min read
A client of mine called yesterday to say that he is on the verge of...

A client of mine called yesterday to say that he is on the verge of getting an offer from a large bank. Sometimes differentiations might also be forced upon you if logistics are an issue. This could also be an opportunity for your business to source new, local suppliers, but this could be a good thing enabling your business to market how you’re helping the local economy and supporting local businesses. Setting the right price for your products or services helps you maximise profits while maintaining a good relationship with your customers. Effective pricing business plan can help you avoid the serious financial problems that may occur if your prices are too high or low. In view of these changes, it is important that the definition of entrepreneurship be refined or redefined to enable its application in this 21st century. To put it succinctly, “Good science has to begin with good definitions (Bygrave & Hofer, 1991, p13).” Without the proper definition, it will be laborious for policymakers to develop successful programs to inculcate entrepreneurial qualities in their people and organizations within their country.