Profit margin is a direct measure of how much profit your business has generated during a reporting period. As such, it’s a financial metric that many business leaders focus their efforts on improving.
Here's an overview of what profit margin is and how it’s calculated, along with a look at how you can use a value-based pricing strategy to improve your company’s profitability. [...]
The need to come together and work toward collective change has never been more pressing. These five organizations can serve as inspiration and proof that it’s possible to “do well” while “doing good.” [...]
Whether you’re a professional responsible for determining your company's pricing strategy or an entrepreneur on the verge of launching a product or service, it’s vital to understand how much your customers are willing to pay. Here's an overview of the willingness to pay concept, along with strategies you can use to estimate this crucial metric. [...]
Strategy formulation can set your business on the right track for years to come. From purpose to plan, communication to reassessment, here are 5 tips for success. [...]
- 08 Oct 2020
This Entrepreneur Is Applying Sustainable Business Strategy Concepts to Create and Keep Tech Jobs in Hawaii
For Wendy Awai-Dakroub, HBS Online's Sustainable Business Strategy course was a wakeup call. Learn more about how she is applying what she learned to make a major difference at home in Hawaii. [...]
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