Can Your Business Make Money?

Even with the most thorough of market research and the best business plan in the world, you’re not on to a winner unless your business idea can bring in the pennies. You need to establish:



  • Day-to-day operating costs



  • How long it will take to reach break even



  • How much start-up capital do you need?



  • The likely sales volume



  • The profit level required for the business not merely to survive, but also to thrive



  • The retail price of your product or service











dummies

Source:http://www.dummies.com/how-to/content/can-your-business-make-money.html

No comments:

Post a Comment