Move upmarket to improve financial performance
- Research higher margin value networks.
Investigate the industry and look for value networks that offer higher margins than the current value network.
- Assess the resources and energy needed for the move.
Examine the resources and energy needed to move upmarket and determine if the move is feasible.
- Create a plan for the move.
Create a plan for moving upmarket. The plan should include the resources and energy needed, the timeline, and the expected outcomes.
- Implement the plan.
Implement the plan and monitor the progress to make sure the desired outcomes are achieved.
- Evaluate the results.
Evaluate the results of the move upmarket and make any necessary adjustments.
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