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FOOD FOR THOUGHT

3 Strategies to help reduce margin pressure in your business

Posted by Mike Atkinson on November 26, 2015

Almost every business will experience a rise in costs somewhere along their supply chain: raw materials, transportation, wages and more. Between these rising costs and growing competition many businesses are experiencing significant margin pressure, which is eroding profits. So what should businesses be doing to avoid margin pressure? Here are three strategies to consider.

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Topics: Costing and Pricing, Business Improvement, Financial Management

How different pricing strategies can impact your business

Posted by Mike Atkinson on January 20, 2015

Choosing to discount or raise prices is going to create a ripple effect that will impact other areas of your business. But how and to what extent? Mike Atkinson reports.

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Topics: Costing and Pricing, Cash Flow