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How Do I Start A Small Business?

Strategy Driven

Apart from conducting detailed market research, finding out fair clientele, performing surveys, retaining target groups, exploring SEO, and researching public data, which are obviously important factors, one must also remain very adaptable to changing situations. What will be the market where you want to get into?

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How To Reduce Business Expenses

HR Digest

Most business managers struggle to understand how to reduce business expenses because they have dedicated teams handling finances. It is not wrong to have a team of financial experts but as a manager, you need to under the basic ways to reduce business cost. Reduce production cost. Evaluation staff cost.

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Business Model Generation : Blog | Executive Coaching | CO2 Partners

CO2

It is useful to to distinguish between two broad classes of business models Cost Structures: cost cost-driven and value-driven from the following categories Cost-driven, Value-driven. Process : This business model design has 5 phases; Mobilize, Understand, Design, Implement and Manage. I really enjoyed this book.

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The Challenges GM Is Facing, and the Reasoning Behind Its Plant Closures

Harvard Business Review

And the same applies to the affected workers: The tight labor market means there are opportunities for those who go through retraining. Capital-intensive factories have a high-fixed-cost, low-variable-cost operating model. Another issue involves reallocating resources in the face of fundamental market shifts.

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Groupon Doomed by Too Much of a Good Thing

Harvard Business Review

This is the essence of Groupon's declaration last week that it will remove the controversial accounting metric called Adjusted Consolidated Segment Operating Income (ACSOI) from its financial statements. ACSOI essentially measures Groupon's profits before subtracting its subscriber-acquisition costs and stock option-based compensation.

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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

Driven by economies of scale, container ship size has been increasing for decades, with the largest ships now costing roughly $200 million. The latest nuclear reactor designs, promising higher safety, longer operating life, and lower operating costs, cost up to $25 billion after factoring in the huge budget overruns.

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How Industry Giants Can Create Corporate Breakthroughs

Harvard Business Review

But in reality most companies, particularly those that manage to last for any reasonable period of time, do day-to-day innovation extremely well. It''s not like large companies never manage to do it. Most large corporations will admit to struggling with innovation. Your television picture quality is significantly better.