HR Digest

OCTOBER 10, 2018

Most business managers struggle to understand how to reduce business expenses because they have dedicated teams handling finances. It is not wrong to have a team of financial experts but as a manager, you need to under the basic ways to reduce business cost. Have a feasible business budget. Reduce production cost.

How To 63

How To Budgeting Cost Fixed Costs 63

Strategy Driven

JANUARY 27, 2021

Apart from conducting detailed market research, finding out fair clientele, performing surveys, retaining target groups, exploring SEO, and researching public data, which are obviously important factors, one must also remain very adaptable to changing situations. What will be the market where you want to get into?

Break-even Analysis 72

Break-even Analysis Analysis Licensing Price 72

Strategy Driven

JULY 31, 2019

Your marketing plan and SWOT analysis are interesting – but they don’t mean a thing if you don’t have realistic figures on your bottom line. This allows you to demonstrate gross margin: sales revenue less sales costs. Create an expenses budget. Include contingencies and variations based on different sales figures.

Finance 10

Finance Planning Development SWOT 10

Harvard Business Review

DECEMBER 1, 2017

You have to consider salaries, marketing budget, office size, technology services, and on and on. Too often, assumptions about the potential market and its clients can cloud our judgement about expenses. By the time she opened Candlebar, it was 100% over budget.

Strategy 9

Strategy Budgeting Cost Price 9

Harvard Business Review

APRIL 6, 2016

The latest nuclear reactor designs, promising higher safety, longer operating life, and lower operating costs, cost up to $25 billion after factoring in the huge budget overruns. This all presents CEOs with a tough dilemma.

Co-Opetition 8

Co-Opetition Operations Cost Cooper 8