How lowering your business product price can be a problem.

[CALVINDOL]

One of the main reason why majority of business owner choose never to increase the price of your business products and services as possible because they want to keep the integrity and the loyalty of their various customers and clients interest in the business organisation and so because of these they do not think that it is a good idea for them to increase the price of the business goods and services so as not to lose customers and clients . Sometimes they go as far as to level lower the various prices of the goods and services even when cost of production has absolutely and definitely increased and what that means is that they spend much money making sure that goods and services are available for customers and clients and yet they do not make enough profit and enough income .

This indeed could be harmful to the life or to the existence of a business organisation and the business organisation would not be able to make enough profit and enough income as expected and explained . Arguably it is totally all advised to unnecessarily increase the price of a business goods and services but in a case where cost of production has increases it is okay to increase the price of the business goods and services so as to make profits and also to make income . One of the reasons why we establish business is to make profits and income out of a satisfaction and comfortability that will issue out to our clients and customers as they patronize our business products and services .

 

[TOZZIBLINKZ]

Every business owner do not want to lose their potential clients and customers that is why they always try their best to not unnecessarily increase the price of the goods and services but sometimes they increase cost of producing goods and services could absolutely lead a business owner to have no other choice than to relatively increase the prices of his goods and services . Although it is advised that a business owner should not unnecessarily increase the price of a business goods and services so as not to be able to pursue away his various potential client and customer , but when the problem of increased cost of production totally sets In is okay for him or her to increase the cost of his business products and that of his business services so as not to run his business on the loss rather than on a profit .

You cannot run your business on a loss just because you want to keep in contact with your potential customers and clients because in a more clear since you're doing yourself no good and your business will definitely suffer at the end . The rule of managing and operating a business is to make more than enough profit with less capital investment .