Remove Cash Flow Remove Operations Remove Productivity Remove Transportation
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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

Although it is fairly common for a successful business to generate 80% of its profits from 20% of its products, relying heavily on a small number of products, services, or markets exposes a business to significant risk. Diversify Revenue Streams One fundamental strategy for business resilience is to diversify revenue streams.

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How to Turn Intangible Concepts into Tangible Services

The Fearless Marketer

And you answer, “I’d like to buy some transportation.”. Well, yes, you want transportation, but the salesperson can’t actually sell you that, it’s only a concept. I know, this sounds stupid, nobody would try to buy ‘transportation.’. They are trying to sell intangible benefits such as: – Increased productivity.

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How to Turn Intangible Concepts into Tangible Services

The Fearless Marketer

And you answer, “I’d like to buy some transportation.”. Well, yes, you want transportation, but the salesperson can’t actually sell you that, it’s only a concept. I know, this sounds stupid, nobody would try to buy ‘transportation.’. They are trying to sell intangible benefits such as: – Increased productivity.

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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business

In November, United States’ crude oil production exceeded 10 million barrels per day for the first time since 1970, according to the US Energy Information Administration (EIA). output comes from fracking operations that have cut costs dramatically since slumping prices in 2014 forced dozens of companies into bankruptcy.

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Severe Weather Threatens Businesses. It’s Time to Measure and Disclose the Risks

Harvard Business

The weather affects consumers’ behavior in terms of what products they buy, where they buy them, and in what quantity. Research shows that abnormal weather disrupts the operating and financial performance of 70% of businesses worldwide. These disruptions add up. alone, or 3.5%