Guides & Articles on Business Plans
Break-even Analysis Key Terms
Terms to know in order to perform a break-even analysis
A break-even analysis helps business owners calculate the amount of product they must sell at a given price in order to break even, or cover all their costs. Having a break-even analysis performed, or performing it yourself, can also help you find better price points for various production costs.A break-even analysis can be a complicated process. The following terms will help you...
Breakeven Analysis Applications and Uses
Use break even analysis for determining profitability
Finding break even point of a product or service is an essential tool in choosing the best price per unit of a product and also helping to determine projected sales. Break even analysis can used for a number of different applications. Its basic function is to determine when a product or service will be profitable. This analysis can be applied to many other applications to...
Breakeven Analysis Education and Training
Learn forecasting and finding break even figures
In business accounting, breaking even is the point where the amount of costs are equal to the amount of revenue a company brings in. This creates a breakeven point where there are no profits or losses to report. At this point in a business, a return is usually expected, giving a positive spin to finding break even point analysis important to many accountants. This type of analysis...
Breakeven Analysis
Perform breakeven analysis to help you reach profitability goals
Breakeven analysis is a tool used to calculate the number of products you will need to sell to breakeven or recover the variable and fixed costs associated with creating your product. In addition to the fixed and variable costs associated with production, breaking even is highly dependent upon the product’s price per unit and project sales of the product.Not only is...
Business Name Meanings Key Terms
Some key terms for finding out about business name meanings and what's behind them
To those who ask "what's in a name?" a small business or midsize business owner might respond: quite a lot. Many businesses are always looking for effective naming that identifies the business correctly, promotes associations with a product or service and catches the public eye, reaching out to the business target audience. Knowing about some common key terms for...
Business Name Meanings News and Trends
Finding out about business name meanings and business name research with some help from online sources
So what's in a name? Well, a lot, according to most market research. Consumers gravitate toward products and businesses with the right associations in their monikers, and for new startups, a name can be almost everything.For businesses that are just getting off the ground, where that baby still isn't named yet, the web can be a great help in figuring out what others are...
Business Name Meanings
The meaning of a business name impacts customer perception
You should carefully choose the meaning of a business name to reflect both your business and the customers you want to serve. Although Juliet told Romeo that a rose by any other name would still smell as sweet, don't believe it when it comes to your business. Like Romeo and Juliet's romance, a haphazardly selected name can doom your business before it even starts.Potential...
Business Plan Consultants Key Terms
Learn more about what consultants can do for a business plan
A business plan is the first step in getting the financial backing to start a business. The business plan should be well researched and presented to potential investors in a clear, concise manner. Business plan consultants can assist a business to organize and present a business plan for this occasion. Business plan consultants can help with market research, organizing financial...
Business Plan Consultants
Hiring help is the next best thing to writing your plan yourself
Preparing a business plan is an important step for any business, but it's a critical step for securing financing. For that reason, many business owners hire consultants to help them research, organize, and present all the relevant business plan information to potential investors. The most important factors to consider when comparing consultants are: Experience – how many...
Business Plan Software Basics
Use business plan software to help run your business
Business planning software is a great tool for your business. It can help you start your business, maintain your business, keep track of your business' records, including financial records, let you import records you may already have on other programs and analyze your business. With so many business plan applications available at your fingertips, you'll wonder why you...
Business Plan Software Key Terms
Understand the basics when it comes to business plan software
Writing a business plan doesn't have to be an overwhelming task. Finding a good business plan software can mean the difference between weeks of sifting through information and days of easily constructing a solid informational piece.Business plan software comes either templated or in an interactive format. Both options have their advantages and disadvantages. They also share...
Business Plan Software
A good solution will help you transform an idea into a reality
Formulating a business plan from scratch can seem overwhelming, but the task is now much easier thanks to a variety of software applications. Before you choose a business-plan software consider several key questions: What are the compatibility requirements? Will it run on your current PC or do you need to upgrade? Does it require a separate application like Microsoft Word or...
Business Plans Key Terms
Understanding crucial elements needed to write a successful business plan
A business plan is a critical tool for obtaining a business loan or the backing of an investor. It gives investors a full understanding of what your company is, the product or service you provide, your goals and aspirations for the company and how likely you are to be successful in your endeavors.As you put your business plan together, you may find several elements that you...
Business Plans News and Trends
Keep your finger on the pulse of business proposals, templates and developments
Professional business plans are often some of the first things new small business owners consider. You need to know the direction you are going, where to focus, who your customers are or will be. A business development plan will put in writing your goals, budget and ideas. Of course, it may also be a prerequisite for a small business loan.It never hurts to get a lay of the land...
Creating a Great Business Plan
Learn how to write a business plan that puts you in business
A business plan is like a road map that shows where your business is going and how it's going to get there. This detailed look at where your business is heading can do much more for your business than simply provide you with a route to follow. You can use it to convey your vision to potential investors, attract key employees, prospect for new business, or deal with suppliers. When...
Financial Modeling Education and Training
Employ financial modeling education and training to help manage capital assets
Financial modeling can be useful in valuing a business, estimating cost of capital, analyzing financial markets, and working with interest rate models, just to name a few. Whatever your need for financial modeling, it's imperative to receive the proper financial training and education to get the models correct. A poorly constructed financial model can lead to lost earnings and...
Financial Modeling Key Terms
Know key concepts used in financial modeling
Financial modeling is a way for businesses to analyze the future of current financial standings. In order to understand the process and concepts common to financial modeling, a person working with the model should have a good understanding of accounting and financial analysis. This gives a person the knowledge to interpret and analyze financial statements of a business to...
Financial Modeling
Use financial modeling to predict business performance
Financial modeling is the act of creating a tool to forecast project, business and investment performance. To operate efficiently, a financial model must predict the outcome of several different probabilities and what-if scenarios. Financial models general include several financial documents including balance sheets, income and cash flow statements and other analytical reports...
Making the Most of Business Plan Consultants
Strengthen your business by making the most of business plan consultants
Business plan consultants can bring a variety of skill sets to your company, from helping you set up your office to procuring the right software to run it, setting up a marketing plan and hiring staff. A business plan preparation service can help you to bring in a broader scope of available technology that you may have overlooked. Business plan consulting companies can help to...
Pricing and Costs of Business Plans
Find the best business plan software, business plan template or service for your budget
Your business development plan budget team is ready to put a sample business proposal together, but they need help. They may not be the experts, and they know there is software, templates and professionals that can help get it done better and faster. This is the time they need to do a little shopping around and compare prices and offerings.Business proposals are like many other...
Using Business Plan Software
Use business planning software to help you improve your business
It's time to create a plan for your business, and you need business plan writer software to create that plan. However, it's more complicated than simply going to the store to look at all the business plan software applications on the market. You need to do more than shop for the software, load it on your computer and start inputting data. It's essential that you...
Working with Business Plan Consultants
Save resources by working with business plan consultants
Professional business plan consultants can help you navigate the evolving business landscape so that you can maximize your efforts. Business plan consultants can serve as third-party sounding boards when you want to incorporate new plans. You can take advantage of the expertise developed by business plan writing services in a number of ways. Business plan consulting companies can...
Writing Winning Proposals
Put your best sales pitch on paper to land major contracts
When a company invites you to submit a proposal or competitive bid for consideration for a specific project or for ongoing work, it's termed an RFP, or Request for Proposal. Your goal in submitting a proposal is to persuade the soliciting company that you can do the job and, ultimately, to receive an invitation to make a formal presentation or win the contract outright. The...
