Remove Finance Remove Fixed Costs Remove Marketing
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Business Plan Development: Know your Finances

Strategy Driven

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. Then work out your liabilities or debts – the bills for suppliers, finance and loan repayments.

Finance 10
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How To Reduce Business Expenses

HR Digest

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. The use of cloud computing can help to save hardware and operational cost.

How To 63
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How Do I Start A Small Business?

Strategy Driven

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?

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Cool Alone Won't Save Your Company

Harvard Business Review

Hence lots of the analytical, linear thinking at GM drove him to distraction; Product Planning analysts in particular: "a department composed of recycled finance types" as he calls them in the book. and those largely fixed costs were more painful and debilitating if GM shrank in the U.S. market: small and mid-car.

Company 14
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Revenge of the HourlyNerds

Harvard Business Review

These businesses have powerful disruptive potential because they can provide consulting at a fraction of the cost of traditional models, largely because they do not need to carry expensive fixed costs like recruiting, training, consultant “beach” time, and expensive real estate. Consulting Disruptive innovation'

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3D Printing Will Revive Conglomerates

Harvard Business Review

Hailed in the 1960s as bastions of sophisticated management, they used cheap financing to acquire, then rationalize, many family-owned firms. With GE’s recent announcement to split off its remaining finance operations , and Honeywell also considering divestment, the pressure on these groups remains in force.

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How to Know If a Spin-Off Will Succeed

Harvard Business Review

The first category is exogenous factors over which the business has little control: the growth of the markets into which it sells; the competitive intensity and thus the average profitability of the industry in which it operates; or the fragmentation of its industry and thus the scope for a growth-by-acquisition approach.