Seven Key Strategies for Maximizing Revenues
Seven Key Strategies for Maximizing Revenues In today's economic environment, revenue maximization is critical. Revenue maximization is a process of ensuring that your organization efficiently captures all of the revenues it deserves for the services rendered. Many companies with a high volume of transactions lose 2% to 5% if revenue or more because of lost data, process inefficiencies, human error, etc. In a presentation at the 2009 OPEN MINDS Best Management Practices Institute in Clearwater Beach, Florida, Joseph Rutherford, Chief Executive Officer of Avita Community Partners, shared seven key strategies for maximizing revenues: Increase prices. An organization can negotiate . . .
