Remove Development Remove Finance Remove Fixed Costs Remove Management
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Business Plan Development: Know your Finances

Strategy Driven

Differentiate between fixed costs, such as rent and payroll, and variable costs, such as advertising and delivery. Develop a cash-flow statement. Then work out your liabilities or debts – the bills for suppliers, finance and loan repayments. Create an expenses budget. The breakeven point.

Finance 10
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How Do I Start A Small Business?

Strategy Driven

Describing the offerings of your services, the product life cycles, intellectual properties as well as the research and development procedures of your business. Accurately Evaluating Your Finances and Funding Your Business. When you think of starting a small business, it is a sure event that there will be an associated cost or price.

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Groupon Doomed by Too Much of a Good Thing

Harvard Business Review

The best way to manage a fledgling business is for managers to be impatient for profit but patient for growth. First, when a business is impatient for profit, managers are forced to validate their assumptions and demonstrate that customers are fundamentally willing to pay an acceptable price for the company's offering.

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Is Rooftop Solar Finally Good Enough to Disrupt the Grid?

Harvard Business Review

The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at bay. This story of disruption should feel familiar.

Energy 8
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How to Know If a Spin-Off Will Succeed

Harvard Business Review

Conversely, the business may be an “unpolished diamond” that was neglected by its former management for too long and whose value is just waiting to be unlocked. Does the business have a complete, balanced, and cohesive management team? Are the management team and owners prepared to abandon business as usual?

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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

Given the two companies’ complementary shipping schedules, services, and vessels, the agreement allows them to provide greater product options to customers at substantially lower operating cost. But on the other hand, in order to safeguard the company’s future competitiveness, CEOs may have no other choice than to invest now.

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Does Your Startup Have a Spending Strategy?

Harvard Business Review

These spending choices require tradeoffs, so entrepreneurs must first develop a strategy for allocating limited resources across a wide range of available options. After managing a sleeve of a successful hedge fund in London for five years, and building ample savings, Colin was ready for his own shop. The first is Colin.