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What Is Value Creation?

What Is Value Creation?

When Is Value Created? When some actions are performed which increase the worth of some goods or services. That increased worth enhances the value of those goods or services. This is value creation. The work done through those actions can be physical, mental, mechanical or creative. When we create something, when we solve some problem,…

Advance Payment Is Not A License To Underperform

Advance Payment Is Not A License To Underperform

Companies that insist on advance payment for their product or service have an obligation to deliver as promised. Collecting advance payment and then providing poor quality or bad experience to customers is a breach of trust. It is bad for your brand. Customers feel cheated if they are shortchanged by companies that collected full payment…