Category: Business Plan

17 excellent tips for first-time business owners

Starting a business can be an exciting and rewarding experience, but it can also be overwhelming for first-time business owners. From developing a business plan to securing financing and marketing your products or services, there are many challenges to overcome. Here are 17 tips to help you navigate the process of starting a successful business:

1. Create a business plan:

A business plan is a roadmap for your business that outlines your goals and how you plan to achieve them. It should include details about your target market, financial projections, and marketing and sales strategies. Creating a business plan will

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Citigroup cuts hundreds of jobs

Citigroup Inc. is cutting hundreds of jobs across the company, with the Wall Street giant’s investment banking division among those affected.

The cuts amount to less than 1% of Citigroup’s 240,000-person workforce, according to people familiar with the matter, who asked not to be named discussing personnel information. Staffers across the firm’s operations and technology organization and US mortgage-underwriting arm are also among those affected.

The routine cuts are part of Citigroup’s normal business planning, the people say. There’s been no broad mandate for managers to cut staffers; instead, various divisions have been grappling with different reasons for the cuts.

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Who to fire? How the biggest companies plan mass lay-offs

Job cuts are very much on corporate minds. A first round of swinging culls hit the technology sector in November. US companies including Goldman Sachs, Microsoft and Amazon followed by laying off nearly 103,000 people in January, the highest monthly total since the height of the coronavirus pandemic.

Now the misery is spreading, as executives hunker down ahead of a possible recession. Tech groups are retrenching further after overestimating how much the pandemic changed customer habits. Financial companies and consultants are dealing with choppy markets and reduced deal flow. Meanwhile, carmakers are having to adjust to the rising demand for

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GC Announces 2023 Business Plan, Striving for Sustainability “Better for You, Better for Our World”

BANGKOK, March 3, 2023 /PRNewswire/ — Dr. Kongkrapan Intarajang, Chief Executive Officer and President of PTT Global Chemical Public Company Limited, or GC, announced the 2023 business plan striving for sustainability from the concept “the Closer, the Better” to respond to all walks of life and progress towards “Better for You, Better for Our World”, reflecting chemical innovation creativity and superior products for today and the future. GC is firmly committed to doing good for all and will be doing it better this year to help sustain the earth. From the previous year, there were many external challenges, this

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UK businesses plan smallest price rises in a year: BoE survey By Reuters


© Reuters. FILE PHOTO: People carry shopping bags during the Black Friday sales on Oxford Street in London, Britain, November 25, 2022. REUTERS/Henry Nicholls

By David Milliken

LONDON (Reuters) – British businesses scaled back plans for price rises in February but overall intentions for price and wage increases remain high, according to a Bank of England survey which is unlikely to resolve policymakers’ agreements on the inflation outlook.

The BoE’s Monetary Policy Committee has been split for several months over how much further interest rates need to rise to return double-digit inflation to its 2% target, and how persistent underlying

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Here’s How To Leverage A Business Plan For Expansion Decisions

For an entrepreneur considering business expansion, creating a solid business plan is essential to making informed decisions and minimizing costly mistakes. A well-crafted plan can help clarify goals, identify potential obstacles and outline the steps needed to achieve success.

A business plan can provide a solid roadmap for your expansion plans, but it’s important to do things like conduct thorough research, set realistic goals and regularly review and update the plan first. In doing so, entrepreneurs can identify potential risks and opportunities and make informed decisions that support long-term growth and sustainability.

Below, 16 experts from Forbes Business

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Reading facing second points deduction in 18 months after EFL breaches

Reading is facing the threat of a second point deduction in 18 months by the Football League.

The Championship club could be punished with sanctions after allegedly breaching the EFL’s business plan, following their six-point deduction in Nov 2021.

Reading were punished for breaching financial rules and agreed to a business plan related to player-related expenditure which the club would have to adhere to.

However, it is understood Reading has broken certain regulations in the plan and are in talks over an agreed punishment with the EFL.

Reading is under threat of being deducted another six points if they are

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An efficacious business plan for mobile applications

In the last few decades, people are more towards the online work environment as compared to the physical which is why mobile application development is in trend in the recent era. There is considerable competition among different types of applications used on android and apple phones.

If you are an entrepreneur and want to design and develop a new mobile application then it is advised to follow it business plan for mobile applications. A comprehensive plan will include business strategies, goals, and growth over a specified duration.

Type of Application you are Interested in:

Mobile applications are always more

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