How Much Money Does Your Business Lose Each Year?

How Much Money Does Your Business Lose Each Year?
According to Forbes, it is estimated that large and small businesses lose some $75 billion annually and that’s all because of poor customer service. Businesses, just like life, have an upside as well as a downside. It is commonly known as “taking the good with the bad”.  Note that, the time period of faltering can vary depending on different factors. Customer loss is normal of the business flow but there are some ways to reduce attrition. Be it through investment in Carnation money counters, training, and retraining of staff, or restructuring of the company, you have to be ready to make the necessary moves. It is crucial to assess the following factors before losing more than you already have. Investigating the market…