Improving Profitability

Improving Profitability

Assessment

Interactive Video

Social Studies, Business

University

Hard

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The video discusses the importance of regular financial reviews and understanding market trends to maintain profitability. It highlights the emotional barriers business owners face, such as denial and blame, and the need for tough financial decisions. The speaker emphasizes finding opportunities in challenging markets and provides insights on when to consider rebranding. Transparency with staff and engaging them in business goals are crucial. Finally, the video offers tips for improving profitability, focusing on client relations and branding.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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