article thumbnail

How Do I Start A Small Business?

Strategy Driven

Sharing an informative company description with the minute detail of your organization like the business solutions, business services, consumer base, competitive advantages, store location, etc. Fixed Costs / (Average Price – Variable Costs) = Break-Even Point –. Growing and Developing an Effective Team.

article thumbnail

What Happens When All Employees Work When They Feel Like It

Harvard Business Review

A five-day work week consisting of eight-hour days happens to be the social norm in many of our societies at present, but I have long thought that a company that disrupts that kind of social norm in its industry could potentially build a momentous competitive advantage out of it. Let me give you an example. Most certainly not.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3D Printing Will Revive Conglomerates

Harvard Business Review

As the technology develops, GE could revamp this and other plants into general printer farms supplying all of its manufacturing divisions. That gave it a steadier cash flow to cover the costs of its large fixed cost investments, but did not eliminate the unused capacity of plants dedicated to one kind of product.

article thumbnail

Who Rules the Web Now?

Harvard Business Review

Greater scale bestows greater competitive advantage. As each of these companies expands its fixed-cost infrastructure, profits grow geometrically because the additional variable cost of adding each new user is near zero. Adding a profile on Facebook has little to no impact on Facebook's operating costs.

CPA 15