It is very important to maintain flexibility of thought, not to lose Critical vision and ability to judge
Outsourcing and its Benefits for your business plan
Outsourcing and its Benefits for your business plan Outsourcing is the contracting out of internal business processes to a third party. Why Outsourcing is the best option for you, a young and strived to success entrepreneur? Here are the top 5 reasons: 1) Control Your Costs – Outsourcing converts fixed costs to variable costs, and […]
The importance of updating your business plan
The importance of updating your business plan “The most expensive lesson is the one you have to learn a second time…” The business year is over? Updating your business plan? That’s exactly the time to sit back and review the year thoroughly – What worked? What didn’t? How can we improve and become more cost-effective? […]
Your business plan breakeven point
Your business plan breakeven point The BEP calculated in the business plan writing process, determine the point which total costs and total revenue are equal. Here are 3 ways to increase your return on investment by lowering your break-even point: 1. Raising prices – thus, the gross margin percentage will be better and […]
Business plan for family businesess
Business plan for family businesess The standards for family business success aren’t only focusing on Achieving business goals but also on keeping the desirable family status. This ‘mission’ is a strategic challenge for them. As family problem may hold back business intentions, wrong move of the business may harm also the family relations. So while […]
Business plan for the retail industry
It is very important to maintain flexibility of thought, not to lose Critical vision and ability to judge Business plan for the retail industry Business plan for the retail industry Starting a “seasonal affected business”? If you’re in the retail business – that’s probably the case Note that you’ll probably at some point need to […]
Business plan for social projects
It is very important to maintain flexibility of thought, not to lose Critical vision and ability to judge Have a business plan for a project with social significance? Note that enlisting donators to the capital financing of the project (alongside private investors / bank loan etc.), will actually reduce the ROI – in terms of […]
Capital Raising After Writing a Business Plan
Capital Raising After Writing a Business Plan Capital raising options for financing a new project include various types of potential investors. Each option has its advantages and disadvantages for its pursuer during the process of capital raising, after writing a business plan. A Private Investor (or in professional terms: an “Angel”) – Is a wealthy individual who […]