HUMAN WAR AGAINST INCREASED PRICE
Problems facing the small business owner

Writer - Essam El Din Metwally Mohamed
Many small business owners are worried about the impact of a rising minimum wage on their bottom line. The good news is that you can take steps to mitigate the impact of rising wages on your business.
As a small business owner, you should be focused on maximizing your profits and growing your business. One way to do this is by increasing product prices. When customers pay more for products, they're more likely to buy less. This means that if you increase prices, volume will go down but margins will increase.
Here are three ways you can increase prices without losing customers:
1) Offer premium services that cost more than basic services (for example, offer extra-large pizzas at an additional charge).
2) Offer bundles of products or services at a discount (for example, buy one pizza get one free).
3) Charge extra for convenience (for example, add a delivery fee when ordering online).

The online business is a great way to increase your income and start earning more money. You can take advantage of this opportunity to make the most of the internet. You just need to know how to use it properly.
There are many ways you can do this. The first thing you need to do is decide on a niche or field that you think will be profitable for you. Once you have chosen this field, then you must spend some time researching it and finding out what people want in it.
This will help you find out what products they want and how much they are willing to pay for them. This information can be used when creating your own product and making sure that there is a demand for it before launching it into the market place.
You should also consider other factors such as price, quality and delivery time when marketing online as well as offline businesses since these factors affect both types of businesses equally so it makes sense for them all to be considered when both types of businesses are being marketed online or offline!

Online business is a great way to earn money as a beginner. You can start your own website and sell products or services online. The internet has opened up a lot of opportunities for people who are willing to work hard and take risks.
You can start an online business in any niche that interests you. There are many ways that you can make money from home, but I will focus on two ways: selling products and selling services.
Selling Products
If you are selling products, there are two main ways to do it:
1) Create an e-commerce website where you list items for sale and accept payments through Paypal or other payment processors. The advantages of this method is that you don't need much capital or technical knowledge (except for setting up your store). The disadvantages is that competition is fierce, especially if your product category has millions of people searching online every day (like health products). It also takes time before you see any results because it takes time for people to find your website and buy something from it. But once they do find it they might come back again and again which increases profits over time.
2) Create an affiliate website where people click on links posted on Facebook or other social media sites or search engines like Google
3) Finally, you must do what you love and what you are good at. This alone is sufficient to help you increase your monthly income, fill your purchasing needs, and help your family in light of the crazy price hikes. Therefore, you must save part of your time for your own business and look at your competitors to learn from them.
And that's all I wanted to say guys, thank you
About the Creator
Essam El Din Metwally Mohamed
hello, I am Essam El-Din Metwally, a journalist. I hold a BA from the Faculty of Mass Communication media and, the Department of Radio and Television, and I have a preliminary master’s degree in media studies.



Comments (1)
Good article, go ahead