How to Strategically Plan for Selling Your Business down the Road

How to Strategically Plan for Selling Your Business down the Road

In today’s marketplace, the sale and purchase of businesses occur quite often at all different levels including anywhere from small, privately owned companies to large corporate conglomerates. Regardless of the type of business that one owns, there are a few tips that one should follow when selling their business. The following paragraphs will highlight some of these handy guidelines. Make the Necessary Preparations Before the day in which the business changes hands, it is vital that the forthcoming ex-entrepreneurs make… More

How to Protect Your Credit during Divorce

How to Protect Your Credit during Divorce

A lot of people going through a divorce are concerned on how their credit is going to be affected, and what can they do to protect their credit from being negatively impacted from the process. Divorces can get extremely nasty sometimes. When one spouse feels betrayed and cannot do anything to vent the pain, anger, and frustration, he/she may feel that the only thing left is to bring the other spouse to his/her knees financially. A divorce mediator or attorney… More

How to Perform a Breakeven Analysis

How to Perform a Break-Even Analysis

To succeed in business, you must understand your business and how the products it sells fit into the marketplace. You must also have clearly defined goals, and a dynamic plan of action which are able to respond to market influences. Here are seven good tips for your business. Make a Business Plan You must understand your profit numbers, and create a break-even analysis as a first step. For most small businesses, the key parts of a business plan are a… More

How to Master Revenue Forecasting

How to Master Revenue Forecasting

Revenue forecasting is the process of determining future revenue and selling requirements based on information currently available. Revenue forecasts are basic to business arranging. This is on account of each division in the association depending on revenue information for arranging and distributing assets successfully. Arranging prerequisites may be short term, medium term, or long haul. Transient prerequisites are generally resolved to address strategic issues in the closest future.. Long haul forecasts are for the most part, monetary in nature, and… More