Business Week published Fix a Strained Business Partnership Now. This article talks about the importance of creating a partnership agreement and putting it in writing. It also touches on some of the topics that need to be addressed in the partnership agreement.
Tag Archives: Business Week
When, Why, and How to Fire That Customer
Business Week published When, Why, and How to Fire That Customer. This is an old article, but a great read about evaluating each customer to determine if they are really helping or hurting the bottom line and your business.
Low Prices Are Not Always Your Friend
Despite working wonders for Wal-Mart, Business Week points out Low Prices Are Not Always Your Friend. The article points out price is an indicator of value, higher prices are necessary for long term success, and you are not Wal-Mart.
The Customer Isn’t Always Right
Business Week published The Customer Isn’t Always Right. The article is worth reading in it’s entirety, but can be summed up by the last paragraph:
That, in a nutshell, sums up why you should always take the voice of the customer with a grain of salt. Customers can offer valuable and insightful information, to be sure, but they ultimately work for themselves, not you. There’s nothing cynical or antagonistic about that; it’s simply the way the marketplace works. The more you know about their interests, the better you’ll be able to act in your own interests, keeping the invisible hand working for us all.
Andre
Marcel