Business Plans

Business PlansBusiness Plans A Step-by-Step GuideA business plan is a written description of your business's future, a document that tells what you plan to do and how you plan to do it. If you jot down a paragraph on the back of an envelope describing your business strategy, you've written a plan, or at least the germ of a plan.Business plans are inherently strategic. You start here, today, with...

business Objectives

business Objectivesbusiness ObjectivesYou've decided to write a business plan, and you're ready to get started. Congratulations. You've just greatly increased the chances that your business venture will succeed. But before you start drafting your plan, you need to--you guessed it--plan your draft.One of the most important reasons to plan your plan is that you may be held accountable for the projections...

An Introduction to Business Plans

An Introduction to Business PlansAn Introduction to Business Plansbusiness plan is a written description of your business's future. That's all there is to it--a document that desribes what you plan to do and how you plan to do it. If you jot down a paragraph on the back of an envelope describing your business strategy, you've written a plan, or at least the germ of a plan.Business plans can help perform...

Online video platform

Online video platformOnline video platformAn online video platform (OVP) is a productized-service that enables users to upload, convert, store and play back video content on the Internet, often via a structured, scalable solution that can be monetized.Online video platforms can be a SaaS (Software as a Service) solution model, a DIY (Do It Yourself) model or UGC (User Generated Content) model solution....

UNIT COSTS

UNIT COSTSUNIT COSTSPROCESS COST SYSTEMThe process cost system is used by firms manufacturing identical products in a continuous mass production. As opposed to job order cost systems where unit costs are determined for separate jobs, in process cost systems, there is only one product and, therefor, only one overall unit cost. But, separate unit costs for each department reflect the manufacturing process...

technology

Bill Gates says U.S. needs limits on covert email searchesBill Gates said on Monday that no one was an “absolutist” on either side of the digital privacy debate, but the co-founder of Microsoft Corp (MSFT.O) said he supports his company’s lawsuit against the U.S. government seeking the freedom to tell customers when federal agencies have sought their data."There probably are some cases where (the...

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UNIT COSTS

UNIT COSTSUNIT COSTSPROCESS COST SYSTEMThe process cost system is used by firms manufacturing identical products in a continuous mass production. As opposed to job order cost systems where unit costs are determined for separate jobs, in process cost systems, there is only one product and, therefor, only one overall unit cost. But, separate unit costs for each department reflect the manufacturing process...

Statement of Cash Flows

Statement of Cash FlowsStatement of Cash FlowsTHE CASH BASIS FUNDS STATEMENTSOURCES OF CASH1) Operating income - is usually the largest and most frequent source of cash provided a business is profitable. When revenues exceed expenses, cash flow increases. When expenses exceed revenues, cash flow decreases.2) Issuance of capital stock or long-term debt.3) The sale of noncurrent assets such as equipment,...