Business Action Plan
Posted by Cherish Taylor in Apr, 2016
What is a Business Action Plan? A Business Action Plan can help set you on the right track. It is an internal business document that lists the actions you must take within a certain timeline, while running your business, to achieve a goal. What is the purpose of a Business Action Plan? The purpose of […]
Category: BSBSMB404
Cost of Finance
Posted by SkillMaker in Dec, 2015
What is cost of finance? The cost of finance is the total cost involved in borrowing debt capital to finance a business arrangement. The business arrangement may be it a project, an asset purchase or the money required to actually build a business. What is cost of finance like? Cost of finance is like hiring […]
Category: BSBSMB404
Operational Plans of a Business
Posted by Kahlee Mace in Jul, 2014
What are operational plans of a business? An operational business plan is a written document that describes the nature of the business, the sales and the marketing strategy which is optimal for success. It provides the vision, directions and goals for the organisation. An operational business plan is not a means to securing financing; however […]
Marketing Strategies
Posted by Isabella Gonsalves in Jul, 2014
What are marketing strategies? Marketing Strategy is the activity of selecting and describing one or more target markets and developing and maintaining a marketing mix that will produce mutually satisfying exchanges with target markets. Successful marketing strategies should come from market research and focus on the right product mix to achieve the highest profit potential […]