20 Things You Should Know About 商業登記證一年三年分別

Running a business is not an easy task. It takes time and proper management to keep the business up and running. You have to be involved in all the processes, and know what is going on, so that you can take informed decisions. ™

There are many aspects involved in running a business such as finance, marketing, and human resources. Apart from these, you need effective inventory, and supplier management to keep the business running smoothly. The success of your business depends on how efficiently you are able to manage all these tasks, and how much you are in control of all the processes.

Since a business is ever evolving, and changing, it can sometimes be difficult to keep up with all the developments. There are always appointments to remember, calls to attend, and documents to sign. You have to be able to multitask, and manage your time, so that nothing goes neglected. One of the ways to ensure this is through the use of a business diary.

There are two basic types of business diaries, the traditional handwritten one, and the modern electronic one known as digital diaries. Nowadays, most businesspersons opt for the electronic version, as it is easier, and more convenient to use. It removes the hassle of searching for a pen, and keeps all the information very organised, and at your fingertips on the touch of a button. They can also help you send emails, and connect to the internet, so you are in touch with your partners or colleagues all the time.

Diaries can help you keep a record of all the important details regarding the business. You can save all your appointments and meetings, so that you do not forget about them. In the electronic diaries, alarms can be set, which can alert you when it is time for an appointment or meeting, so that you do not forget or become late. It is also a great place to store all your contacts, so that you do not keep searching for a phone number when needed.

If you keep a diary with you, it can help you keep a record of small details that one tends to forget. At times, you are so busy multitasking that important things slip your mind, so it is better to note things down as soon as they occur. Electronic diaries can help you backup your data to you computer unlike an analogous version, which if lost or destroyed, cannot be recovered.

There are a number of brands, models and sizes available in digital diaries, and it is easy to find one that suits your exact requirements. There are many colours and designs available in analogous versions as well.

The type of diary you use is entirely based on your preference. If you like the idea of simply writing down points without all the added functions and details, then purchase an analogous business diary. However, if you have a hectic schedule, and find it hard to keep organised, then an electronic diary is a better option.

After setting up an objective it is imperative to conduct a feasibility study. Feasibility study is an important tool to analyze the effectiveness of a proposed business plan; it is a safeguard against the wastage of investment or resources. The feasibility is conducted before the commencement of the new business plan or business expansion. Conducting a feasibility study to start up business online or to extend your business online is the one of the good decisions because you are analyzing its viability to ensure that you have taken the right decision at the right time. The feasibility study will assist you to know your strength and will also help you to analyze the possibilities of extending and marketing your business online.

What Factors should I consider to conduct a feasibility study?

The business feasibility study will identify the hurdles and the roadblocks in the proposed business concept and will also determine the effectiveness of business concept. The following are the factors one should consider in feasibility study.

Market Viability

Technical Viability

Business Model Viability

Financial Viability

Management Model Viability

The above are the important dimensions of the feasibility study. Based on these viabilities one has to go further in making the right decision. All the above factors must prove feasible for the proposed business.

Business Feasibility Study Outline:

1. The Executive Summary - Prepare the executive summaries of who you are and what do you do? This is usually prepared at the end of the study but it is presented first.

2. Introduction: Here you have to introduce yourself and your company in detail. Your goals and objectives of why do you want to extend your business online. And where you would like to see yourself after few years. This section will also include the vision and the mission of your company.

3. Product or Service: Here you have to tell about your product or service which you are going to market online and offline as well. Also tell your product mix if you have. OR if you are going to market others product tell more about this product and its popularity via online. Also describe how your customer will use this product what benefits you are going to deliver to them if you sell it through online. Who are you target customers etc.

4. Technology: Technology has already driven businesses to the horizon. Study about the existing technology. Analyze your technological strength and try to figure out what the existing technology is? If you are going to sell product or services through online or if you are going to order supply through online then find out the need what technical assistance is needed to suit your requirements.

5. Online Market Environment and Competition: Be clear about your target market(s). Try to find out who are your online customers and end users. Why should they buy product from you? What is the distribution system available through online market? How your product or service will benefit your end users. What is the market trend of your product or services? Who are your online competitors? How do they distribute the product through online? Do a rough study on the competition there is a separate section called WEB COMPETITIVE INTELLIGENCE, which will tell you more about online competition.

6. Business Model: Describe how your business will generate revenue

7. Marketing and Sales Strategy (Both Offline and Online): Layout the basic marketing plan. Differentiate your offline and online marketing plans or mix it up as a single marketing plan. Also list out what are the e-tools you are going to use to market your product through online. What is the online selling strategy you are going to adopt?

8. Production and Operation Requirements (not required if you are marketing merchants product): Describe the complexity of your production system. This study is not required if you are marketing merchants product/service.

9. Management and Personnel: list down your company staffs details and their role also list down who will be managing online operations and marketing etc

10. Critical Risk Factors: Try to study the risk 商業登記證費用 150 you'll face in the entire business system if you extend your business online.

11. Financial Projections - this section will include Balance Sheet, Income Statement Projections, Cash-Flow, Break Even Analysis, and Capital Requirements. All the financial terms and expenditures you had spent and also the ROI.

12. Findings and Recommendations of the study