Imagine you're trying to raise money from a venture capital fund and you send them your pitch deck. One of the first things they'll do is consider the competitive landscape and make an assessment as to whether your startup is doing anything new, or at least different than existing competit...
The Business Value of Ecommerce The growth rate for ecommerce sales is projected to be an astonishing 265%. In 2017, retail ecommerce sales worldwide amounted to $2.3 trillion, and by 2021—just four years later—revenues are projected to reach $4.88 trillion.1 The explosive growth in e...
In the 5th year, the difference between the annual revenues of the two companies was a staggering 58%. When we talk about the difference in customer base, company B lost double the customers than company A which is not good for brand image. ...
Ideally, international textile producers would adopt fair trade factory practices, such as using low-impact dyes and natural fibers, without any external input, but the business model of profit at any cost is naturally antithetical to ethical oversight. Therefore, it's necessary to influence the gl...
Financial modeling helps FP&A teams evaluate the “what if” impact of business plans and changing market conditions. It projects the potential financial results for new products or services, cost reductions, investments and other business initiatives. ...
The latter example follows one of the most basic GAAP principles — that financial accounting must be on an accrual basis — which is another vital concept for small businesses to grasp. Accrual basis vs. cash basis accounting "The accrual basis of accounting means that revenues are recorded whe...
The full equation: $123.9 billion (total revenue) -$93 billion (cost of sales) -$25.9 billion (administrative expenses) -$625 million (interest payments on debt) +$837 million (gains on interest) = about $5.2 billion (profit) Net income: This is the most comprehensive, “bottom-line” ...
returns, discounts or allowances to consumers. The net profit ratio provides business owners with a percentage similar to gross profit ratio. The net profit percentage indicates how much money the company can expect to make on revenue sales after deducting cost of goods sold and monthly expenses....
Cost of revenue is the total cost incurred to produce and sell a product or service. It includes all the costs associated with the production process, such asraw materials, labor, overhead expenses. It also includes any other direct costs related to the production and delivery of the product ...
Rather than focusing on money, innovators tend to care more about the impact that their products and services have on society. These individuals are not the best at running a business as they are idea-generating individuals, so they often leave the day-to-day operations to those more capable ...