19
Jun
How to Make your Business More Profitable Post COVID19
Against all odds, post-Covid gives businesses the opportunity to surpass their competitors. The key to success lies with those who can shift into gear and make the important decisions for their organisation. While many are in a holding pattern, smart leaders are already putting final touches to their business review and are moving towards implementation of the lessons they have learned.
Reducing your company’s fixed costs
Undertake an evaluation where cuts can be made. A key budgetary consideration is business travel. The business travel ban means it is impossible for companies to send in their usual teams to perform factory inspections, product quality control checks and solving engineering problems on the ground overseas. A hard but fair look at the cost/benefit ratio might uncover great potential. With our team fully functional, and on the ground, One Point Zero can take up this role. Working on behalf of your company and alongside your team to ensure that your Chinese operations move forward smoothly and efficiently.
Increase your profit margins
Evaluation of your product line is essential post-Covid. A swift implementation of new features, functionalities or connectivity might just give businesses the edge to gain new customers and set up additional revenue models. To increase profitability, a product must be innovative or have a combination of features that makes it stand out in the marketplace. Many new products are no longer relevant without connectivity. Customer priorities have changed in the last 6 months. One Point Zero can help solve this problem by accelerating your time to market and boosting your technology road map.
With decades of experience, we specialise in product engineering and electronic development. Our dedicated team are exceptional at:
· Assessing a design for its suitability for simplification and innovation
· Problem solving in real-time with factories and development partners
· Implementing solutions swiftly and efficiently
