Written by adminDecember 7, 2023 Market size is a key component of strategic marketing planning. Knowledge of the sizeof your target market allows you to fully assess opportunities and accurately plan yourapproach and your investments, wisely.Calculating market size accurately, can be a challenge, so it’s important to be clear onwhat you are measuring. Variables are
Written by adminDecember 7, 2023 6.1 Direct Cost (mainly and proportionately linked to delivery). This is mostlyvariable in nature e.g. delivery related manpower, travel cost, IT recurringcost, raw materials, input cost etc. More sales/delivery, more the directcost. Manpower cost includes all related cost e.g. superannuationbenefits, medical, staff welfare (tea/coffee/other facilities), leave cost etc.6.2 Direct Overheads
Written by adminDecember 7, 2023 Welcome to the idea of starting your own organization! o Cost & Time to start: A sole proprietorship has the least initial amount ofpaperwork, cost, and can start the business, almost, immediately since youand your business are the same legal entity. A general partnership firmrequires initial partnership documents, start-up costs