Resources

Financial Projections Templates and Guide for Business Plan and Strategy Development

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Financial projections or projection of financial objectives and needs is definitely the single section of the business plan practice with which executives and managers positions the business expectations in accordance with the anticipated financial, economical, technological, and market conditions. Any time business strategies are really created, they normally are organized close to particular objectives established … Read more

Sales Performance Analysis: The 4 Main Areas

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Analysis of Sales Performance 1. Lead Generation Process Analysis Every sales opportunity starts with lead generation. While the lead generation process will be different for different companies the single common thing for each process is that it needs to create steady flow of high quality leads. It’s not always about the numbers – how many … Read more

Quality Control and Six Sigma Terms for Managers

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Process Virtually any recurring business activity whether it is within a production or service setting. Quality management professionals gather information about variations throughout results related to each and every process for continuous improvement. Six sigma Six sigma is actually a statistical principle which calculates a process defects. Accomplishing six sigma implies the processes will be … Read more

What Are Key Performance Indicators (KPIs)?

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Key Performance Indicators To understand what is KPI, let us draw parallels with football, you have your offensive line and your defensive line and the success of the team depends on the performance of both the lines. Similarly, in business the success depends on certain parameters or activities and these are used as characteristics on … Read more

The 3 Profit Margins in Financial Ratio Analysis

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Profit Analysis The following three financial profit ratios can be easily tracked and measured by using your income statement or profit and loss statement. While the content of any P&L statement might be different from one business to another, the layout of any P&L report follows the same logic. The top of the statement includes … Read more