Top Priority for Product-Based Businesses

"When running a product-based business, profitability should be top of mind."

—Melissa Houston

Creating and operating a product-based business demands a significant amount of courage and drive to bring your product to the market.

Thus, it’s a must that entrepreneurs possess a deep understanding of their intended audience, their competitors, and the industry in which they operate.

It is not easy to build a product-based business. There are several things that you should consider, and a bucket of sweat and tears will be required in order to build it successfully.

So in this episode, we will delve into how we can make our product-based business profitable and on top despite hindrances and challenges!

Keep learning, adapting, and growing your business, and you'll make significant strides towards business success.

Listen to learn about:‌

• The importance of courage in product-based businesses
• Price strategies in product-based businesses
• Effective marketing plan that is crucial for visibility and success
• Building a strong brand identity
• Essential of quality control
• When to consider investing in equipment and manufacturing
• Prioritizing the profit in your business

Highlights:‌

04:19  Product-based businesses built on a solid financial foundation
06:00  Things to consider if you have a product-based business
06:20  Setting your prices
08:19  Packaging of the product
09:50  Marketing for your product
11:19  Considering manufacturing cost
12:42  Distribution of your products
15:42  Providing excellent service
17:10  Return policy


Cash Confident Book: https://www.amazon.com/Cash-Confident-Entrepreneurs-Creating-Profitable/dp/1637586361/ref=sr_1_1?keywords=cash+confident+melissa+houston&qid=1684071072&sprefix=%2Caps%2C57&sr=8-1

Cash Confident Course --> sign up here

Apply to work with me --> Apply here


Links:‌ ‌  

• Cash Confident
• Main website
• Mini-course: The Debt Repayment Calculator
• Mini-course: Pay Yourself
• Mini-course: Personal Net Worth Calculator
• Mini-course: The Ultimate Budget Binder
• Are You On Track For Millionaire Status Quiz

Follow me on:

IG: @melissahoustoncpa
LinkedIn: @

Work with me:

• Book a 90-minute Strategy Call

Follow me on:

IG: @melissahoustoncpa
LinkedIn: @melissahoustoncpa