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5 Reasons You Need A Business Plan

5 Reasons You Need A Business Plan Before we talk about why a business plan is important, let’s understand what a business plan is. A business plan is a written document that outlines a company’s goals, strategy, business analysis, and financial forecasts. It serves as a pathway to business growth and success and helps companies […]
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Uses of Financial Model in a Business

Know about the financial model Financial forecasting involves the method of summarizing the costs and profits of an organization in a table to measure the effect of a potential incident or action. To managers in corporations, a financial model has multiple applications. Business analysts do it most commonly to evaluate. Financial modeling is an almost […]
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“XERO – Online Accounting Software And What Makes It So Popular”

“Best Utilization of your hard-earned money is the first building block for running a successful business” For ages, when we hear the term accounting and bookkeeping, only one software strikes our mind, “Tally,” – the most popular and easy-to-use accounting software. “Tally accounting is yesterday’s history; whereas, Online accounting is today’s philosophy.” Are you surprised? […]
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How to make an effective Business Plan

How To Make An Effective Business Plan Business plans are important for many reasons; One of the most important is that it gives clear instructions on how the business can achieve its goals. These plans can provide organizations with a clear understanding of their company’s capabilities and what it needs to grow and thrive. A […]
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Key Elements of a Business Plan

Any firm’s establishment, growth, and eventual success depend on the details laid forth in a well-thought-out business plan. These plans lay out a course for the firm to follow and serve as a guide as it expands. Knowing the purpose of the various components of a business plan will help you craft a successful strategy […]
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What are SEIS and EIS Business Schemes in UK

The UK government established the Seed Enterprise Investment Scheme (SEIS) and the Enterprise Investment Scheme (EIS) as venture capital programs to increase the appeal of investing in SMEs. Investors in early- or mid-stage start-ups are eligible for tax savings under both programs. If you, as a start-up, apply to the schemes, they are an excellent […]
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Business Plan: A Roadmap to your Business

All businesses benefit from developing a business strategy, from the most fledgling startups to the most venerable corporations. A business plan is a formal document that describes how a firm will run, how much money it will make, and how it will market itself. A business plan is an extensive written description of the aims […]
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