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What are the strategy to get most profitable business?

Now I'm starting a small business. Then you get the most profitable business and share with me if you have any ideas to guide it better.

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Before starting the business..!

In a startup success, execution and planning play vital role. You should have clear goal and proper path to achieve the success. Also, the effective utilization of people, process, and technology is crucial thing.
Get the knowledge about right shoring to help your business.

Promotional link removed by moderator.

Post was last edited on December 12, 2018 1:59 AM PST

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Re: most profitable

The two extremes to be most profitable:
1. Low volume with high prices (niche)
2. High volume with low prices (mass)

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Get Profit

This are some steps you should follow:
1) Define Your Business and Vision.
2) Write Down Your Goals
3) Understand Your Customer
4) Learn From Your Competition
5) Financial Matters
6) Identify Your Marketing Strategy

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Strategy to Get Most Profitable Business

A concern with the great team of dedicated professionals that provides assistance with all of your requirements regarding tax and accounting related to your business.
You have to use high-quality services in accounting, tax planning, and business management.
Take great professional advice and tax planning that will optimize your business.

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Profitable business idea

starting up a business doesn't matters, the way a perfect business man taking it to the respective customers who are in need of such a business and also others. Thus promoting a business matters more in increasing the business profit. so promoting with digital marketing services would improve your business .

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Business Consultation

Get Business Consultation or CPA that is specializes in helping business and individuals achieve financial goals through our high-quality services in accounting, tax planning, and business management.

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Top 7 Strategies to improve profit

Hii, I have given you the strategies through which you can get your business up to most profit

1. Remove Unprofitable Products and Services.
2. Find New Customers.
3. Increase your Conversion Rate.
4. Review Current Pricing Structure.
5. Reduce your inventory.
6. Reduce your overheads.
6. Reduce your overall direct costs

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Keep Struggling

Hello!

I have a startup related to Health niche (finding a doctor) and was very challenging at that time when I started it. I started this startup without capital. So I am clearing you that it is really very hard to find an investor and to put capital in a startup but you need to stick with your vision and mission.

Never ever Back off.

Thank You.

Link to site removed by moderator as not relevant for the discussion.

Post was last edited on February 28, 2019 5:17 AM PST

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Tip

If you are starting your business, the first step is to think about the things that can be helpful for your business.
Then after you have started the business, now you must have to manage your business perfectly. Quickbooks can be useful for your business.
Keep all the record.
Use cloud base tools so that you must not lose your data.

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most profitable industries in 2016, ranked by net profit mar

most profitable industries in 2016, ranked by net profit margin:
Accounting, tax prep, bookkeeping, payroll services: 18.3%
Legal services: 17.4%
Lessors of real estate: 17.4%
Outpatient care centers: 15.9%
Offices of real estate agents and brokers: 14.8%
Offices of other health practitioners: 14.2%

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First things first..

It is highly advised you to devise the goals at first then target getting "most profitable"

Break your bigger goal, profit, into smaller chunks of your business, achieving those goals will obviously follow profits. Please share what is the niche of your business ? As a business strategy for an online business requires a totally different strategy then any other business format.

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