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How to Prepare for a Recession

Small Biz Trends

As it might affect not only your personal finances but also threaten your business’ survival. An emergency fund is money you set apart from other savings preferably in a high-yield savings account. Have a Financial Plan. Having a well-thought-through financial plan can help in challenging times.

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7 Price Planning Tips to Maximize Retail Profits (2020)

Retalon

Price planning is one of the most difficult (and often misunderstood) elements of retailing strategies. But emulating successful retailers in price planning isn’t enough. Standard price planning strategies (competition pricing, cost-plus, high-low, EDLP, etc.) What does this mean for price planning?