Typically, entrepreneurs are good at producing and delivering their products to customers. However, determining the right price level is often a challenge.When the price starts too low, it can take years of adjustment to find the right level.
With a business idea in mind, an entrepreneur begins to develop their product range or portfolio. A product portfolio generates higher turnover and revenue. Instead of narrowly focusing on a few key products or services, one should keep a broad focus and develop the total product range.
When starting and growing a business, entrepreneurs face a continuous stream of challenges. When one hurdle is overcome, another challenge presents itself. Learn to predict and overcome potential barriers to growth.