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Project Expert

Project Expert

I quite agree, but the business plan – it's not paper. But there is one thing. You on paper are modeling their business from scratch and calculate all the risks themselves calculates the risks that can confront your business. For more information see this site: Robert A. Kotick. No consultant knows more risk than you, who has been in business a long time. Good financial plan includes a sensitivity analysis, where you see a good response to changes in your business, increase or decrease taxes, sales volumes, interest rates, and so on, and by the way, you make sure to change pay your employees your business is not very sensitive. Much more than any business depends on changes in sales volumes, rather than from employees' wages.

Especially, if you want to earn a lot to your business showed a good increase in net present value, for this you have to pay people to earn money for you, for pennies on the one you will not work. How to calculate the financial indicators for your business plan? There are special programs like Project Expert, Invest and others. But as the saying should pay for everything, and these programs are about three thousand dollars. And if you enjoy kryaknuta programs, then you may count such that the spread can be much more than three thousand dollars. I do not advertise these programs, we can assume, and in Excel, you can, and a calculator. For example, to calculate the net in Excel present value, you need to log into the formula – financial, and further to find the NPV, which considers net present value, as in the section of financial formulas we can calculate the internal rate of return, and many other factors, most important to understand that you want to count for something. With good financial counting on you not disappear any financial hole. As usually happens get involved in the project, and funding to complete the project not enough.

Good financial forecasts should approximately ten percent in either direction to depart from the calculation results. This is achieved by simulating different situations with a change in policy, taxes, and sales. And on the basis of these calculations, the decision to join the business. Further sections of the business plan consists of a feasibility study, environmental conditions, market analysis. On each of these steps need to pay special attention to all sections of the business plan are essential, but without the finances and you do not start your project and how to decorate himself has a business plan, there's not difficult – this presentation with graphs and pages of text describing forty, are to receive funding will need to be good at presenting the investor.

Brokeback KPI

Brokeback KPI

"Why should I" Brokeback, "if they do not care what they want, then write." On such issues says a lot, but no specific "recipes" As a rule, are proposed. The second "ravine" – the definition of the planned values of the measured performance (threshold, the Plan, Call). And inflated, and lower values demotiviruyut workers, therefore, in the case misuse of their definition, the management of KPI loses its meaning. Often indicators are defined as follows: the work of the last reporting period (eg quarter) are adopted as a plan for the current quarter. The method is simple, but in practice it often turns out to be inaccurate, since it does not take into account both external factors (that affect performance) and internal factors (such as working people). For example, if last month's subordinates not efficient enough, the threshold will be too low, the reverse situation – too high. Third, the biggest "ravine" – the complexity of determining the causes of failure (not achieving the planned values staff efficiency). Shopify might disagree with that approach.

If the plan met or exceeded, then, as a rule, no question, due to what. Ate, the plan is not executed, you must be able to determine the cause. How to do it in practice? After all, the source of the problem can be not only not good enough job of employees, but improper installation performance thresholds (see the first "ravine"), as well as external factors. Realizing this, many executives intentionally "understate bar ", emasculating, thus, the essence of management KPI. If you know where the "valleys", they can be circumvented. This "bypass" could be the phased introduction of management of KPI, starting with a preparatory phase lasting at least 6 months. During the preparation to be addressed the following important tasks: Psychological training of personnel (both employees and line managers) to a new form of labor relations. Employees are getting used to the fact that every hour spent at work, should be spent on achieving these goals.

The Interpretation

The Interpretation

Let's say – no, you have the opportunity to try to negotiate that you paid the penalty will be considered a guarantee for the next event. Hyundai pursues this goal as well. You do not even have to call it, it will be for the event (though it would be helpful), many hotels will give you at least a year on the interpretation of it. Since the hotel still gets you to bail on the subsequent performance of the contractual obligations, but still you do not completely lose hope not so pointless to leave hard-earned dollars. Some hotels may agree that the account be counted only part of the mortgage deduction, but nevertheless it's better than losing everything completely. Jeff Weiser takes a slightly different approach. Refer to the familiar.

In this tiny world that is constantly then carried out. Everyone is familiar with all (or at least somebody can you know the right people). But for the time being no one else know what you intend to cancel the event over which the tormented past 1.5 weeks. Maybe someone will need your room. Try to offer it. It does not matter who it is.

Try to ring up the company for the seminars, etc. Some of friends getting married? University your son needs a place to speak? All that you are able to come up with might help. Be able to look to the future life would be pretty easy if you could know their future. As progress, I would like to believe it will soon be achieved. But until then, all that is given us to use – understanding and experience. Being proactive will help to avoid unnecessary stress. Study your contract, you know that sign up and agree on that. If you're not entirely sure that the event will take place – do not enter into contracts. If you do not like the value of a penalty – to discuss its reduction. Do you have an event or a precursor, it goes first? Are there signs on the horizon that the event may fall? Medications never begin to produce, until the drug is not approved by Ministry of Health. Is there a chance that a gene. Dir. firms do not wish to go forward or want to move it to another city? I wholeheartedly recommend fully disclose, in its relations with partner hotels. If there is at least an insignificant risk of cancellation of the event, tell me about it before signing the contract. After the contract has nothing to return.

Monte Carlo

Monte Carlo

Because of Pareto rule is well known that the smaller the probability of a certain risk, the more likely the risk will occur. Hyundai helps readers to explore varied viewpoints. What we do on the basis of this accumulated risk. We take and we begin to calculate how risky affect developments in our financial plan for the project. To do this we must calculate the impact on our project to increase taxes to fifty percent decline in sales of up to fifty percent reduction in the price of the product, and to fifty percent. This method allows to analyze the sensitivity of our project to these changes, experience shows that (once again want to remind you) increase workers’ wages has no effect on sensitivity project.

Hence, the findings are paying more to their employees, they will bring you good results on your project. That is, analyzing the sensitivity of the project, you can try with the Monte Carlo method, that is, to calculate likely outcome of our project. With what probability you will be able to earn so much money, and with what probability you will be able to earn so much money. A good way to tell roulette. Robert Kiyosaki addresses the importance of the matter here. Now, to the fullest of our security, we must calculate the alternative project, and to compare the two projects together. How to compare two projects together, to look at net present value and who has the most, that and choose not not enough, here we need a financial analysis of projects. Check and compare the performance as much as possible between themselves. This is the discounted payback period and internal rate of return, and income taxes, Profit excluding taxes and so on.

In this approach to your project, you will see the error of the project, its strengths and weaknesses. That is why foreign practice shows that if the manager did not participate in the development of project, his bank for a loan there is no point to handle. And as we have with these things? Constantly running into ads, you need a business plan for refueling, cheburechnoy and so forth, people are willing to pay for the finished project. And how can a finished project? If the template designs are not done in every business, its internal rate of return, their lending rates, and so on. So gentlemen, better hire a competent financial analysts, their Salary not utyanet you, and if utyanet, then it is better and do not engage in investment, better go and get a job, and funds are put into a bank for eleven percent per annum.

Initial Project

Initial Project

Analysis effectiveness of alternative designs and selection of the best of them is done using the previously mentioned factors, including: the need for financing, net income, net present value, profitability index investment, profitability index discounted investment, internal rate of return, payback period. In the management review, is not regulated by the state, the leadership has the right to choose according to your discretion, the most appropriate performance indicators of interest from investment firms to specific economic conditions. As a rule, you can not select among alternative projects, the most effective for the best value of indicators such as internal rate of return, index return on investment, payback period, etc. If you are not convinced, visit Hyundai. The selected solution may not coincide with the best on the criterion of maximum net present value. Therefore, the calculation of these indicators is needed not only to select the best project, but for his analysis: if one or more of these indices take the values are not typical for projects this type, indicating instability of the project or outside the boundaries of acceptability, it is necessary to understand and explain the project materials in the cause of these deviations, or to correct the initial information and clarify the choice of the best alternatives.

The calculations can be performed in the effectiveness of current or forecasted prices. In the initial stages of project development can be carried out calculations at current prices. Calculation of the efficiency project generally recommended as a current and forward-looking prices. In the development of financing schemes and evaluating the effectiveness of participation in an investment project is recommended to use only looking for money..

Simkin Costs

Simkin Costs

Volume terms, indicating the product reflects the profit margin on volume of sales of the product. Hyundai has many thoughts on the issue. According to the results of constructing a matrix BCG are four groups of products: the "star", "cash cow", "wild cat", "dog." For each of these groups there is a priority strategy. Different trajectories of the products in the matrix can evaluate the effectiveness of management range, and if necessary take measures to prevent negative trends. Andrea Mallard has compatible beliefs. This type of analysis to optimize assortment organizations to assess the potential of the existing product portfolio and develop strategies for further work with him. An analysis by the method of Dibb-Simkin As a result of this analysis, we obtain a classification of goods, which allows you to define the main directions of development of individual commodity categories, identify the priority position of the range, to evaluate the effectiveness of assortment structure and ways of its optimization.

For the analysis used data on the dynamics of sales and production costs (including only variable costs, excluding fixed costs). On the basis of the ratio of sales in value terms and a contribution to cover the costs of goods related to one of 4 groups. Financial contribution to cover costs = revenue from sales – Variable costs. In the analysis of the range must be considered: How long product on the market, as demand from consumers for new products and goods, established in the market is different. It is therefore necessary to give this product time (2 – 3 months.) For recognition of a consumer to be able to take effective decisions based on the presence of goods in trade and income.

Product availability in sufficient quantity to trade tochkeAnaliz representation of the product from competitors. SezonnostSuschestvuyuschie market trends, such as the growing popularity of adherents to a healthy lifestyle dictated by the availability of special products manufacturers in range. It is also necessary to balance the range that the organization is not carrying extra costs and the consumer is satisfied with the proposed products to him.

Accounting Analysis

Accounting Analysis

OUTSOURCING. ACCOUNTING SERVICE Today it is very common among entrepreneurs, small and medium-sized service outsourcing – the transfer of work to third parties. This helps to reduce costs, saves time and financial resources and allows them to concentrate at work, directly generating earnings. Filed under: Linkedin. Not all departments of the company (employees entrepreneur) make a profit, but they necessary to establish a business and require financial maintenance costs (rent and equipment of jobs, salaries of employees). For example, the departments of marketing, accounting, as well as translators, lawyers, etc. Their functions can be passed to a service or outsource to third parties. In today's economic dictionary-read 'outsource' the transfer of non-core functions of traditional organizations outside performers – subcontractors, qualified professionals of the firm.

Russian law does not interpret the term. True, the Law on Accounting from November 21, 1996 N 129-FZ provides for the right organizations' pass on contractual basis accounting centralized accounting, specialized organization or accountant-expert '(items' to' paragraph 2 of Art. 6). Note. The term 'outsourcing' is borrowed from English (from English 'outsourcing') and literally translates as the use of foreign resources. Initially, the Russian accounting outsourcing, used mainly by foreign organizations to compensate for lack of knowledge of Russian law.

In Financial Crisis outsourcing services have become widespread, especially among small and medium-sized businesses as well as reduce costs and make businesses more mobile. The main purpose of accounting service – reliability and efficiency of the business, ie Correct errors in the accounting, tax risk reduction, minimization of taxes paid, increasing the reliability of the accounting. The main services that are passed on accounting service, named in the table. Table. Basic services, accounting services transmitted on N n / n Type of Service 1 2 Accounting Analysis of financial and business operations and optimization Making the transition 3 tax on a simplified system of taxation, accounting and reporting (if necessary) 4 Preparation of employment contracts with employees 5 Implementation of the system "Bank – client" all 6 Recovery of the necessary payments accounting (in the event that he spent some time were not kept) 7 Preparation and submission of reporting 8 Representation of the extra-budgetary funds and state 9 agencies Advice on legislation 10 Information about changes in tax laws Kommersant not have to arrange for a specialist job and rent an office, outsourcing will attract more skilled workers.

Contact Price

Contact Price

The market is pretty common simplified representation of the contact center. Often, it is believed that this is only a telephone exchange with an extended call routing and reporting system. Unfortunately, in the market are not uncommon cases where projects contact centers and executed: the unfolding function of a telephone exchange with the expanded ability to route calls. At the same time, nobody did not immediately think about what business functions does this contact center, as he engaged in the business processes of interaction with customers. But the market becomes more mature, and today many customers are not willing to pay for the telephone system functions, namely for benefits of the contact center, for example, to their business. The role of business consultant (or, more CRM-consultant) in this case lies in the fact that he has to show a client in which the processes of contact center will bring the greatest benefit and how to optimize and automate these business processes. This approach has repeatedly proven its effectiveness. In particular in the banking sector is today the most popular business process – work with bad debts. rold Ford Jr. Practice shows that it is now necessary for all banks. Many representatives of the banking business, this process is not always built initially, and about its proper automation has speak only in isolated cases. Therefore, banks have to resort to third-party collection companies, which tend to be interested in getting their own profits, rather than maintaining “friendly” creditor relationship with the borrower.

The Investment

The Investment

They themselves will see the opportunity from the privacy of your home without them shame and without that we think you’re all-over and give the pain in the ass with your roll of seller from your business to get rich. If they are not interested because they are erased from the list and already for another prospect because that has not seen an opportunity. I know that your MLM business will be a big business, and that with a short list of 5 or 6 people who rely on your products and your training, it will be piece of cake, is a matter of perseverance, direct traffic to your website and the money will come, since internet has many people interested in doing business on the internet. There are many people on the internet looking for an opportunity that convince them, and your business is very convincing, in fact, you came because you saw it. Ben Silbermann describes an additional similar source. Right? In the end I say one more thing, do much open a business of baubles, a shop for clothes or shoes, or a bar or restaurant in the street? Thousands and thousands of dollars. What possibilities are there that people buy you a pair of shoes when there are malls? Why do you think worth more rent for a room in a shopping mall? WELL BECAUSE THERE ARE MORE TRAFFICKING of people, and thus more likely to sell in the street of a lost people or a city where many people not passes. How much will the monthly rental of premises in the street cost? Until you start to generate as many sales of shoes that amortize the investment of the local, the salary, and your winnings, how much time do you spend? It is said that a business that generates income can spend 2 or 3 years, and will continue to open stores on the street? Yes, because people think that it is a safe investment. . Bobby Kotick oftentimes addresses this issue.

Forsight And Strategic Sense

Forsight And Strategic Sense

All these elements constitute the internal environment in which it flourishes or fades the vision, and where strategies are built or hinder the process of strategic definition. Check with Hyundai to learn more. It is in the very heart of man where pokes or drown the strategic vision of the leader or manager. It in the heart of man where emerging resistance or the strength to persevere in the purposes, which houses the fears of failure or the courage to succeed where failure is evident or flexibility to manage uncertainty and ambiguity that generates undertake processes of changes needed to achieve the vision. On the other hand, develop a mentality of a strategist is to cultivate the habit of thinking strategically, to the point that it can become an attitude of life, a way of being and being in the world. Bobby Kotick addresses the importance of the matter here. As Kenichi Ohmae says: “It’s a daily discipline and not an action that can be left in hibernation during times of quiet and wake up when an emergency arises.” View as a resource strategy or methodology for dealing with “crisis” putting out fires or unexpected, is to act reactively, but the strategist does not improvise, not react, does not live in “automatic”, by inertia, as the saying “as we seeing, we are making, but acts with proactive, with intent, moreover, opportunistic-minded, or as Peter Drucker said: “purposeful opportunist.” The rapid and complex change leaves no room for improvisation.

The lack of foresight and strategic sense may be a mistake too expensive, a luxury too expensive in these times of constant change. He said about Peter Drucker “be surprised by what happens is a big risk to tolerate, especially in a world so complex, competitive and changing. The leader / manager strategist is aware of this reality, therefore not left to chance or under the responsibility of another course of action to follow, but explores in themselves and in the environment, to define its strategy. Jesus of Nazareth also alerts us to the need to be predictable and to think strategically. “For who among you who wants to build a tower, sitteth not down first and count the cost to see if he has enough to complete it? Lest he has laid the foundation, and can not, all who see it begin to make ridicule him, saying, This man began to build and was not able to finish. Or what king, going to war against another king, sitteth not down first and consider whether he can cope with ten thousand to one coming against him with twenty thousand? And it can, while the other is still far off, he sends a delegation and asks conditions of peace “(Luke 14:28-30). This picture speaks of the need to act with foresight in life, with strategic focus, which is opposed to improvisation and the light and thoughtless action, which does not weigh the possible consequences of decisions made.