The Business Finance Store Offers Tips for Small Businesses on Building an Effective Pricing Strategy

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The Business Finance Store offers lesson from the cereal price war between large, cereal producing companies, as well as tips on how small businesses can build an effective pricing strategy.

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Last week, General Mills hinted that the US cereal market might be recovering from the year-long price war that cut the profits of several large cereal producing companies, like Kellogg and Ralcorp. While pricing strategy for large corporations is complicated and probably seemingly irrelevant to small businesses, there are lessons to be learned from these cereal price wars. In a recent blog post “Building an Effective Pricing Strategy for Your Small Business,” the Business Finance Store offers lesson from the cereal price war and tips on how small businesses can build an effective pricing strategy.

Generally, there is a big difference between the pricing strategies of a big business and that of a small business. Large companies have historical data and statistics, something start-ups and small businesses usually lack. However, this does not mean small businesses cannot learn from the mistakes of large corporations. Read more about how small businesses can avoid errors in pricing, such price wars, at the Business Finance Store blog.

The Business Finance Store is a business financing and consulting firm that offers customized Business Financial Solutions. Seasoned professionals offer assistance in a variety of financial solutions to help small businesses succeed such as: Business Financial Solutions, Legal Solutions, and Accounting Solutions.

The staff at The Business Finance Store understand that starting and growing a business is an exciting time. They keep it exciting by taking care of some of the most difficult aspects, by providing legal advice, helping with vital responsibilities like accounting & bookkeeping, and by obtaining business finance. They can quickly and easily guide entrepreneurs through many different complicated processes, and put them on the path to success.

For 10 years The Business Finance Store has been helping startups and other small businesses legally structure their companies, find the right franchises, get the funding they need, and to achieve the American Dream of owning their own successful business. Since expanding nationwide in 2007 they have helped thousands of companies and have funded over $60 Million in business credit lines, not including SBA loans. The Business Finance Store sees limitless potential in the current climate, and looks forward to many strong years of growth to come. Take some time to review their services, and give them a call.

For more information, or a free, no-obligation analysis of your business needs, visit The Business Finance Store, visit http://www.businessfinancestore.com. A member of their professional staff will contact you to discuss your business' short and long-term goals. Whatever you need, The Business Finance Store is there.

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Kelly Rye
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