GrowthWheel

Smart IT Systems for Smart Businesses

Smart IT Systems for Smart Businesses

The lack of time to get everything done is a challenge for entrepreneurs. An IT system can support daily operations, make your business more effective than the competition, and increase productivity. How can one determine the right IT system to invest in?

Control Your Bank – How to Get the Credit You Want

Control Your Bank – How to Get the Credit You Want

As an entrepreneur, it is not uncommon to feel as if there is a strained relationship with the bank. However, this does not have to be the case. Banks are in the business of lending money and in reality, the right banker can be your ally. How can entrepreneurs prepare and negotiate to get the necessary line of credit and best terms?

The Best Customers – How to build a valuable customer portfolio

The Best Customers – How to build a valuable customer portfolio

Choosing the right customer segment is one of the most important decisions an entrepreneur will make. Simply relying on the customers who find you is not enough. It is best to proactively identify and seek out your best customers.

Good Salesmanship - How to Raise Prices

Good Salesmanship - How to Raise Prices

Typically, entrepreneurs are good at producing and delivering their products to customers. However, determining the right price level is often a challenge.When the price starts too low, it can take years of adjustment to find the right level. 

Focus on the Product Portfolio

Focus on the Product Portfolio

With a business idea in mind, an entrepreneur begins to develop their product range or portfolio. A product portfolio generates higher turnover and revenue. Instead of narrowly focusing on a few key products or services, one should keep a broad focus and develop the total product range.