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Putting Up Prices – why not?

Tom Winnifrith
Sunday 18 November 2012

There are only three ways to increase profits: cut costs, sell more by volume or to put up prices. I shall address the first two at a later date but the quickest route to increasing the profitability of your business is to stick prices up. Yet often we are reluctant to do so. You sort of accept that wages will go up year on year if only to match inflation so why should prices not follow?

on 24n.biz | Comments
About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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