Present value is the discounted value of a payment or stream of payments to be received in the future, taking into consideration a specific interest or discount rate. Present Value represents a series of future cash flows expressed in today's dollars. A given amount of money is almost always more valuable sooner than later, so present values are generally smaller than corresponding future values.
Online buyers' ability to comparison shop -- aided by a vast array of shopping bots -- has turned traditional retailing on its head. But are low prices all customers want? No way!
Is your business different from your competitors? What do you offer above and beyond what your competitors provide? With what do people associate your business? You need to actively define what is ... [ more... ]
Some of my clients ask me if there is one simple thing they can share with their employees that will make the biggest impact for better customer service. This is not easy because there is no quick ... [ more... ]