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Atricle Dump - Set Sane Financial Goals
A company brochure is one of the basic tools in your marketing kit yet so many companies struggle to create an effective brochure that delivers a return on investment for the business.Recently I came across an excellent example of a company brochure developed by Alison Halupka, General Manager o
Your numbers will tell a story. Are there any trends? Is there seasonality to your business? How did you do last year vs year ago? How did you do against pre
When you are looking to hold an annual general meeting (AGM), there are a variety of things to consider when selecting an appropriate venue to host the gathering. Not only will you be looking for a suitable professional venue to reflect the image and purpose of the company or trust, you will also need
Big businesses have systems and algorithms for projecting their financial goals, and so should you. Yours can be much less sophisticated and complicated and can yield the same result.
When your business is new, setting your goals is kind-of a shot in the dark. Unless you have some data on which to base your projections, you will most likely be estimating. Talk to people in your same industry to find out what they earned in their first years, keeping in mind how your business differs from theirs.
Otherwise, here are some exercises you can do to get a reasonable number. Start by writing down your gross sales for every month for the past 2 years. (You have just created a spreadsheet.) Now go do something else – have lunch, go to a meeting, sleep on it. When you come back to it, look at the numbers.
Your numbers will tell a story. Are there any trends? Is there seasonality to your business? How did you do last year vs year ago? How did you do against pre
Those are aspiring to be an actor or actresses undertake a great and noble goal. Each year thousands of people move to Hollywood to chase their dream of becoming the next big star. Most don’t make it, but why? There isn’t a real reason as we see some of the new “talent” out of Hollywood is not true tal
When your business is new, setting your goals is kind-of a shot in the dark. Unless you have some data on which to base your projections, you will most likely be estimating. Talk to people in your same industry to find out what they earned in their first years, keeping in mind how your business differs from theirs.
Otherwise, here are some exercises you can do to get a reasonable number. Start by writing down your gross sales for every month for the past 2 years. (You have just created a spreadsheet.) Now go do something else – have lunch, go to a meeting, sleep on it. When you come back to it, look at the numbers.
Your numbers will tell a story. Are there any trends? Is there seasonality to your business? How did you do last year vs year ago? How did you do against pre
The previous Sangaraja, the Supreme Patriarch of the monastic order (of Thailand), once went on a tour of China, where someone offered him a very beautiful teacup. It was unlike anything he'd ever seen. He thought, "Oh! The people here have real faith in me, to offer me this beautiful teacup!" And as s
Otherwise, here are some exercises you can do to get a reasonable number. Start by writing down your gross sales for every month for the past 2 years. (You have just created a spreadsheet.) Now go do something else – have lunch, go to a meeting, sleep on it. When you come back to it, look at the numbers.
Your numbers will tell a story. Are there any trends? Is there seasonality to your business? How did you do last year vs year ago? How did you do against pre
Think we live in a tough economy? Think again.Have a look at these up-to-date stats...59% of all Americans are directly or indirectly (via 401K's and pensions) invested in the stock market: an all-time high in percentage of population who, in October, benefited from stock market highs.
Otherwise, here are some exercises you can do to get a reasonable number. Start by writing down your gross sales for every month for the past 2 years. (You have just created a spreadsheet.) Now go do something else – have lunch, go to a meeting, sleep on it. When you come back to it, look at the numbers.
Your numbers will tell a story. Are there any trends? Is there seasonality to your business? How did you do last year vs year ago? How did you do against pre
There are many events outside of the workplace that can negatively impact workplace productivity. A major holiday and major sporting events (like the Super Bowl, World Cup or NCAA Basketball Tournament) are a few of these possible distractions.As people begin to think about, talk about and focus
Your numbers will tell a story. Are there any trends? Is there seasonality to your business? How did you do last year vs year ago? How did you do against previous projections?
Next, add your monthly totals into quarterly totals (Jan – Mar, Apr – Jun, etc.). Look at your numbers again. What's the story? By putting your numbers into quarterly totals, you eliminate most anomalies.
Once you understand these numbers, you should be able to set reasonable, achievable financial goals for your business. Take a look at last year's quarterly and annual totals vs the year before. Is your business growing steadily? This answer will help you finalize your annual number for the coming year.
One more way in which you can use your revenue analysis is to help create your marketing plan for the coming year.
Go back to your spreadsheet. Are there any particularly good months? Investigate why those months were so great. What marketing strategies and/or tactics led to those increased revenues? In addition, how are your sales trending over-all? If you are increasing your sales over time c
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