As a business owner, it is important to have a clear understanding of your sales forecasts. This will allow you to make informed decisions about your..
In business, assumptions are ideas or beliefs that are taken for granted before taking any action. For businesses to plan,..
Financial assumptions are the principles that your business plan should follow. They can range anywhere from financial forecasts on costs, revenue and..
Marketing assumptions play a critical role in any business plan. They provide the basis for your marketing strategy and help to ensure that your plan is ac..
In this post, we're going to explore 10 reasons why colleagues are not friends.
Business assets are the resources that a company owns or controls that can be used to generate revenue and create value. These assets can take many forms,..
Your forecast should not be based on assumptions. All too often, business owners will make assumptions about their future sales, costs..
Assuming that you have a clear understanding of what a business plan is, let's move on to discussing key assumptions of a business plan. As we mentioned be..
What does risk mean in entrepreneurship? In business terms, risk refers to anything that could affect an organization’s ability to make profits at their ta..