Archive for ‘BUSINESS’

April 1, 2012

Breakeven Analysis

by aurelcindy

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A breakeven analysis is used to determine how much sales volume your business needs to start making a profit.

The breakeven analysis is especially useful when you’re developing a pricing strategy, either as part of a marketing plan or a business plan.

To conduct a breakeven analysis, use this formula:

Fixed Costs divided by (Revenue per unit – Variable costs per unit)

Fixed costs are costs that must be paid whether or not any units are produced. These costs are “fixed” over a specified period of time or range of production.

Variable costs are costs that vary directly with the number of products produced. For instance, the cost of the materials needed and the labour used to produce units isn’t always the same.

For example, suppose that your fixed costs for producing 100,000 widgets were $30,000 a year.

Your variable costs are $2.20 materials, $4.00 labour, and $0.80 overhead, for a total of $7.00.

If you choose a selling price of $12.00 for each widget, then:

$30,000 divided by ($12.00 – 7.00) equals 6000 units.

This is the number of widgets that have to be sold at a selling price of $12.00 before your business will start to make a profit.

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March 31, 2012

How To Selling Online Business Shop vs Best Products How to Blog

by aurelcindy

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of selling online how? Way of selling online business: online store vs. blogs. Way of Indonesia’s best selling products online: online shop for shop vs. blog. The shop sells blogs vs. the buyer looking for.

The online store where selling products. Types of business stationery products sold versus list price of the product. Blog where consumers are looking for. Business blogging tips on article writing reviews of products v point traffic to the store.

Online selling tips best ways: select the appropriate way of doing business online hobby. Create a blog the best stores selling how do online.

How To Sell Your Own Product Online Business vs. Others

How to do business online? Indonesia top the way online business 2: selling your own product versus another product. Not have their own product not an obstacle to a successful online business.

Own products online business vs. other people the same. The benefit of doing business online own product: big profit profit. Losses in business online selling your own product: a large initial capital investment.

Tips on the best way to do business online: an important start, no significant others versus selling products for themselves how to do business online.

MARSIZCELLULAR

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March 31, 2012

A Standard Business Plan Outline

by aurelcindy

What information needs to be in your business plan? What is the order of information that will make the most sense to lenders and investors? You can answer these questions with the business plan outlines provided below.

What are the standard elements of a business plan? If you do need a standard business plan to seek funding — as opposed to a plan-as-you-go approach for running your business, which I describe below — there are predictable contents of a standard business plan outline.

For example, a business plan normally starts with an Executive Summary, which should be concise and interesting. People almost always expect to see sections covering the Company, the Market, the Product, the Management Team, Strategy, Implementation, and Financial Analysis. The precise business plan format can vary.

Is the order important? If you have the main components, the order doesn’t matter that much, but here’s the sequence I suggest for a business plan. I have provided two outlines, one simple and the other more detailed.

Simple business plan outline

  1. Executive Summary: Write this last. It’s just a page or two of highlights.
  2. Company Description: Legal establishment, history, start-up plans, etc.
  3. Product or Service: Describe what you’re selling. Focus on customer benefits.
  4. Market Analysis: You need to know your market, customer needs, where they are, how to reach them, etc.
  5. Strategy and Implementation: Be specific. Include management responsibilities with dates and budgets. Make sure you can track results.
  6. Web Plan Summary: For e-commerce, include discussion of website, development costs, operations, sales and marketing strategies.
  7. Management Team: Describe the organization and the key management team members.
  8. Financial Analysis: Make sure to include at the very least your projected Profit and Loss and Cash Flow tables.

Build your plan, then organize it. I don’t recommend developing the plan in the same order you present it as a finished document. For example, although the Executive Summary obviously comes as the first section of a business plan, I recommend writing it after everything else is done. It will appear first, but you write it last.

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