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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. You will need to make projections of the figures your business will achieve, rather than report on those you have. Create an expenses budget. The breakeven point.

Finance 10
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Groupon Doomed by Too Much of a Good Thing

Harvard Business Review

Yet, the company reported ASCOI of positive $80.1 It was simply not enough for the firm to report earnings and explain that it was investing for growth. Secondly, expecting a business to be profitable quickly forces it to keep its fixed costs low. In the first quarter of 2011, Groupon posted a net loss of $113.9