To be brief, a foreign company is needed to develop its own business and itself. Why is it still important to have your own foreign company? The detailed answer is below.
The domestic market of a single country seems great for novice entrepreneurs. But, over time, you begin to understand that it is not large enough, because There is always a competitive race that this market reduces for potential growth. For those business owners who seek to grow their projects, foreign markets represent huge opportunities. The desire for international growth, by entering the world market as an exporter or importer of certain goods or services, provides many opportunities. Continue reading
I will begin today’s conversation, it would seem, from a completely different, but, believe me, very important point. Many mistakes are made by both beginner and existing entrepreneurs when planning their business, when they ineptly try to use the knowledge gained from academic textbooks in their calculations, and almost all textbooks on business planning and economic analysis have a section devoted to the so-called break-even point business. The essence of it (section) is as follows. All expenses (textbooks “tell us”) are divided into variables and constants.
Variables are those expenses that increase in proportion to the growth of production or sales. As a rule, they include the costs of raw materials and supplies, the purchase of goods, piecework wages. And constant – this is the part of the costs that does not depend on the volume of production or sales (AUP salary, rental of premises, utility costs for the office, stationery, etc.). Continue reading