The Benefits Of Raising Your Income

Increase the frequency of purchases by your customers. No matter how poor your current product or service, you must have some customers or clients. One key strategic dimension that you should be thinking about is how to augment and reposition your product in order to sell more to this group.

Recommendation – To improve revenues and margins, the company will have to increase the revenue contribution of every product category. I recommend that the company go into its customer requirements and see if it can cross sell product items, so that it can get more revenue from each customer. This will ensure that the company is able to offer competitive prices to customers and grow its business using its existing customers.

No management position is easy these days. There are many rules and regulations to follow, as well as many responsibilities that grow more over time. One of the responsibilities as a manager is to improve efficiency of the company and extend customer satisfaction. Not only does this take money, but time, skill, and teamwork. As the manager of a busy call center, the call volume has increased so much that there is an extra $20,000 to spend on improving customer satisfaction and efficiency. How can this be spent wisely to reach these goals? Teamwork is top on the list of importance because without a team, there is no business. Teams provide many things to a health care facility, as well as any other successful business.

It\ 's five years later, and sales have reached a plateau. The product is clearly in the maturity stage. What should you do to increase sales?

This would speed up the process of employee access, credit card transactions, and more. The next thing I would change is the website, it is out dated to say the least. There are things that could be added to the website such as a ticket booth for selling the weekend tickets, a blog area for customer communication, and even a VIP section where they could get deep discounts. The third solution would be to add a digital dashboard software. [ (Performance Dashboard) ] This would be helpful in monitoring their business, by product sales and new customers. This would be a tremendous help in marketing strategies to grow the company.

“An increase in the minimum wage will boost income for the poorest workers without the danger of creating more unemployment.” (Obama). The argument whether the minimum wage in America should be increased of not has been a debatable topic for years. If the leaders of county could manage to increase the minimum wage, millions of families would profit from such an outcome.

2. Pay off high interest debt -- you are effectively making $$ by paying it off because you aren’t paying interest.

Small businesses are the core of the engine that runs the American economy. They are a very intricate and essential part of what makes America strong. Annually there were approximately 400,000 new small businesses started every year in the United States of America. Before the recession the normal business closure for companies in America were approximately 100,000 annually. This rate of exchange between new and closing businesses is known as “the birth and death rate of American companies”. After the recession the death rate of businesses in the United States has increase exponentially, growing from 100,000 companies a year to approximately 470,000 companies closing annually (Joseph, 2014). Most may think this is a result of the recession,

Like many working Americans, I never took the time to think about how income inequality affected us and how immense it has become. The problem with income inequality is its rapid increase, and the lack of effort to close that gap between the rich and the poor. According to Robert Franks in “Income Inequality: Too Big to Ignore”, income growth has always remained at the top 1 percent for instance, in 1976 it was 8.9 percent and by 2007 it rose to 23.5 percent (581). Low wages and high unemployment rates have contributed to the income gap. The question is what can the government do to help reduce the problem? If we think about it, there have always been plenty of obstacles, enabling us to achieve the American dream but one should never give up hope.

move up to higher paying jobs. According to Journals Resource’s John Wihbey, if the wage is not raised, low-paying workers are more likely to be enrolled in a community college. They can improve their skills and go for a higher-paying job or they can go for a career. If the minimum wage is raised, some businesses would have to cut jobs in order to pay employees more. It can be difficult for people to find jobs. Raising the minimum wage has a lot of negative situations for

“Paying your employees well is not only the right thing to do, but it makes for good business”-Jim Sinegal, CEO of Costco. Many of America’s employees are not being paid well, however, for the annual income of a full-time employee who works year-round is less than $16,000 (about $15, 080) according to the current federal minimum wage (Rebuilding). To put into retrospect how out-dated the federal minimum wage is, consider that the minimum wage of 1956 amounted to exactly $7.93 in 2009 (Henderson). How progressive is it that our nation’s workers being paid less today than workers from the 50’s? The federal minimum wage should be raised in order to assist families out of poverty, to ensure the effort and loyalty of workers, and

The United States was established on the principle that all men were created equal yet in the progressive era, people were lactating the basic needs needed to survive. A Living Wage by John A. Ryan highlights the fact that the poor people were not able to live a sustainable life on the income they were receiving. A living wage also known as minimum wage is the lowest amount of pay workers can receive. There was a great importance of a minimum wage because it would be one aspect of a person’s life that would affect other areas, it would lift the workers out of poverty so the size of the lower class and population of people living in the slums would decrease while the middle class would increase.

2. Hire a management team to replace or train existing employees about the individual departments so that all business is handled in a professional manor and stay organized.

The living wage is based on the amount an individual needs to earn to cover the basic costs of living.

The only way sure way to increase our sales is to increase our client base. We currently provide coffee to