Many firms are now facing Financial Crises for starting new or expanding their business or industry unit or increasing productivity:

we try to bargain to our old product and convince to sale

A SWOT analysis hasto be done prior to entering into new business to understand the market trends and competetion strengths. product, position and price will determine the way forward of business. While expansion ofexisting business, a scope for entire process re-engineering should be considered. a bottoms up approach shall help in cost concious markets. every team member should have right to offer suggestions may be in terms of cost cutting, changing market trends, 

By recruiting qualified and experts staffs; using friendly software to enhance effective communication between the team and the customer. Facilitate the direct communication between the institution and the customers. Building a programs and pathways to make sure the work done in an excellent way with high level of care. Conducting effective periodic meetings. Share the customer ideas and opinions. ‎

Sir

• As a1st step we should see to it that at least in the mid term period ie in a period of1 or2years the productions fascility should be able to break even. and make at least normal profits after that.
• In todays global situation making abnormal profits is difficult as theat would bring in more competition, govenment interference and even warth of the consumer bodies
• Innovation is the key to succes. The products should be tailor made for the cutomers requirement and not the other way round.
• Before launching a product a thorough market survey should be done to know the actual need of the product in the market. Based on this survey analysis we can take a decision whether a product is to be traded or manufactured.