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Why Businesses Fail | N2Growth Blog

N2Growth Blog

Conduct a Cost/Benefit Analysis : Do the potential benefits derived from the decision justify the expected costs? What if the costs exceed projections, and the benefits fall short of projections? How would your shareholders and employees feel about your decision?

Blog 396
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High Speed Rail Versus Austerity

Harvard Business Review

And while our work quantifies some of the spatial consequences of investing in high speed rail, we cannot claim to have conducted a cost/benefit analysis of such irreversible investments. But bullet trains cost billions, and California is expecting the federal government to provide much of this money.

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How Freelancers Can Make Sure They Get Paid on Time

Harvard Business Review

Before you start working on an assignment, you need a contract that lays out the scope of the project , the payment terms, and enumerates the expectations for both sides. ” For small projects, an email chain will often suffice, but for longer engagements, “it is worth working with a lawyer,” says Pearce. .

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Ideas Don't Equal Innovation | N2Growth Blog

N2Growth Blog

Assess : Put the idea through a risk/reward and cost/benefit analysis. Be careful of high level, pie-in-the-sky projections. Simple : Whether the new idea is intended for your organization, vendors, suppliers, partners or customers it must easy to use.

Blog 384