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How Do I Start A Small Business?

Strategy Driven

You can consider opening a franchise for any established company where you will only require to find a proper location and arrange funds for your operations. Fixed Costs / (Average Price – Variable Costs) = Break-Even Point –. What kind of needs will you satisfy? Will it be a personal need or a market need?

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Health Systems Need to Completely Reassess How They Manage Costs

Harvard Business Review

savings and loan industry crisis in the 1980s and 1990s showed us, enough marginal franchises added to a healthy portfolio can swamp the enterprise. In larger facilities, there is often an astonishing proliferation of special care units, ICUs, and quasi-ICUs that are expensive to staff and have high fixed cost profiles.

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Cool Alone Won't Save Your Company

Harvard Business Review

A succession of CEOs prior to Rick Wagoner (who fought heroically to overcome the dreadful hand he was dealt) allowed all manner of legacy costs to build up (retiree health, Jobs Bank, etc.) and those largely fixed costs were more painful and debilitating if GM shrank in the U.S. — as it did — than if it grew.

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The U.S. Media’s Problems Are Much Bigger than Fake News and Filter Bubbles

Harvard Business Review

The media’s bias toward big events stems from three features of its economics: Fixed costs. The cost of covering a golf tournament doesn’t depend on whether Tiger Woods plays. Fixed costs have always been central to the economics of media. But if he does, ratings — and revenue — double.

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