{"id":18711,"date":"2021-03-09T00:00:00","date_gmt":"2021-03-09T06:00:00","guid":{"rendered":"https:\/\/blog.planview.com\/service-businesses-balancing-profit-and-innovation-isnt-a-pipe-dream\/"},"modified":"2022-04-04T13:23:58","modified_gmt":"2022-04-04T18:23:58","slug":"service-businesses-balancing-profit-and-innovation-isnt-a-pipe-dream","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/service-businesses-balancing-profit-and-innovation-isnt-a-pipe-dream\/","title":{"rendered":"Service Businesses: Balancing Profit and Innovation Isn\u2019t a Pipe Dream"},"content":{"rendered":"

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As a professional service business, profit is the bottom line.<\/span><\/p>\n

With high profit margins, you can grow your business and serve new customer demands as you please. <\/span><\/p>\n

Without profit, you\u2019re in a constant fight to stay afloat. <\/span>However, you also can\u2019t afford to have tunnel vision. Alongside profit, you must maintain high service quality, innovation, and customer satisfaction.<\/span><\/p>\n

In this article, we\u2019ll look at some of the factors that prevent service businesses from balancing these factors effectively \u2013 and what you can do to turn things around.<\/span><\/p>\n

\"Service<\/a><\/p>\n

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