Wednesday, 4 March 2009
Thursday, 26 February 2009
summary of business equation
BREAK EVEN=fixed cost over unit contributtion
TOTAL REVENUE=quantity times sell price
MARGIN SAFETY=volume minus break-evn
UNIT CONTRIBUTION=sell price minus variable price
NET PROFIT MARGIN(%)=net profit before tax over sales times 100%
RETURN ON CAPITAL(%)=net profit before tax over capital invested times 100%
TOTAL REVENUE=quantity times sell price
MARGIN SAFETY=volume minus break-evn
UNIT CONTRIBUTION=sell price minus variable price
NET PROFIT MARGIN(%)=net profit before tax over sales times 100%
RETURN ON CAPITAL(%)=net profit before tax over capital invested times 100%
Wednesday, 25 February 2009
how to reduce cost
I couldn't remember how to reduce cost,maybe we learned from last year.I didn't study anything with business by last year,therefore at the moment I no any ideas.But I must do it,if I don't ,somebody will hit me and leave some wounds to me.now I had to get a few deformities with my body.let me back to the topic.How to reduce cost.I only can guess 3 ways to reduce.
1) cut employes
2) reduce overhead
3) improve efficiency
I dont think these 3 ways is good for reduce cost,Just made points with my mind.if someone see my blog and doesnt confess my ideas,pleaes leave any commons which ways are much better.
Thank you a lot
1) cut employes
2) reduce overhead
3) improve efficiency
I dont think these 3 ways is good for reduce cost,Just made points with my mind.if someone see my blog and doesnt confess my ideas,pleaes leave any commons which ways are much better.
Thank you a lot
Tuesday, 24 February 2009
how to increase profit again
I should do it again who is my second business's teacher tell me.How to increase profit has 3 ways to improve.
(1)reduce cost
(2)increase price
(3)increase sales volume
first and second ways are easy to do.the last one let me tell us how to.
if you want to increase sales volume ,has too many ways could help you,for example you can do promotion ,advertisement to attract more customers.
That all,is it good?
(1)reduce cost
(2)increase price
(3)increase sales volume
first and second ways are easy to do.the last one let me tell us how to.
if you want to increase sales volume ,has too many ways could help you,for example you can do promotion ,advertisement to attract more customers.
That all,is it good?
Monday, 23 February 2009
How to increase profit and productivity
Those topics are quite difficult for me.
Firstly I read my business hand book hope it would be give me some ideas.(couldn't find anything)
secondly I went to the google search and search about topics.then I find something that is how to increase profit and productivity which is follow:
1. Create Your Winning Team. Surrounding yourself with capable bodies is vital. Whether it be tech savvy or pr wizardry, each team member should bring something different and yet complimentary to the overall skill set.
Really get your hands dirty when dealing with human resources by actually interviewing your potential candidates with one-on-one sessions. By adapting a more hands-on approach towards professionalism, your newly acquired team will be inspired to put out their best efforts. Leading by example is infectious in the workplace.
2. Get Your Supporters Talking. The streets are talking and the web has ears. Potential customers are more responsive to recommendations from friends and family. This positive feedback stems from competent customer service and satisfaction.
By going that extra mile to get the job done, your clients will definitely take notice and spread the word amongst their network of friends. Generating this type of buzz is far more valuable and affordable than throwing thousands of dollars towards a print ad campaign; however, the turnaround requires more time and patience. You may even want to consider a rewards system for leads and referrals.
3. Develop Your Internet Marketing Strategy. Cover all your bases as best you can. So you have positive feedback from your client base and the word is getting around, but not as fast as you would like. The World Wide Web is your next outlet to increase the demand for your services as well as increase your market share.
According to Internet World Stats, there are 1.407 billion users and counting perusing the web. These are all potential customers and with a proper internet marketing strategy, you can up your sites' presence as well as increase traffic.
Email marketing, blogging, posting articles to article directory sites, engaging/contributing in forums and message boards - these outlets will help boost your site's visibility thereby improving the volume and quality of your web traffic. By utilizing social media outlets the likes of Facebook, Myspace and Twitter, your company provides a home base for clients new and old to visit for updates and other pertinent information. Add to the fact that all of the aforementioned web stratagems are free; however, self serving. You have to do it yourself.
4. Collaboration Software. What once required lengthy man hours and salaried micromanagement has been done away with thanks to the SAS (software-as-a-service). This collaboration software phenomenon has revolutionized the process of project management as well as further reduced the need for office space thereby slashing your overhead.
By utilizing web access, your team shares a workspace in real time without having to be under the same roof. Task management, team meetings, and file sharing can be streamlined through a template based collaboration software. It's easy to use and the set-up time is minimal, depending on the software you choose.
5. Goals. Incentives such as cash bonuses and or vacation packages are okay, but without defined goals, your team is more or less competing amongst each other rather than collaborating to accomplish a common goal.
It helps to have a finish line on the horizon to keep those legs pumping. By setting defined goals and posting them for all to see, your team productivity should spike considerably, especially since progress is more easily gauged. If they can visualize the end, your team will know how hard they have to push to get there.
Firstly I read my business hand book hope it would be give me some ideas.(couldn't find anything)
secondly I went to the google search and search about topics.then I find something that is how to increase profit and productivity which is follow:
1. Create Your Winning Team. Surrounding yourself with capable bodies is vital. Whether it be tech savvy or pr wizardry, each team member should bring something different and yet complimentary to the overall skill set.
Really get your hands dirty when dealing with human resources by actually interviewing your potential candidates with one-on-one sessions. By adapting a more hands-on approach towards professionalism, your newly acquired team will be inspired to put out their best efforts. Leading by example is infectious in the workplace.
2. Get Your Supporters Talking. The streets are talking and the web has ears. Potential customers are more responsive to recommendations from friends and family. This positive feedback stems from competent customer service and satisfaction.
By going that extra mile to get the job done, your clients will definitely take notice and spread the word amongst their network of friends. Generating this type of buzz is far more valuable and affordable than throwing thousands of dollars towards a print ad campaign; however, the turnaround requires more time and patience. You may even want to consider a rewards system for leads and referrals.
3. Develop Your Internet Marketing Strategy. Cover all your bases as best you can. So you have positive feedback from your client base and the word is getting around, but not as fast as you would like. The World Wide Web is your next outlet to increase the demand for your services as well as increase your market share.
According to Internet World Stats, there are 1.407 billion users and counting perusing the web. These are all potential customers and with a proper internet marketing strategy, you can up your sites' presence as well as increase traffic.
Email marketing, blogging, posting articles to article directory sites, engaging/contributing in forums and message boards - these outlets will help boost your site's visibility thereby improving the volume and quality of your web traffic. By utilizing social media outlets the likes of Facebook, Myspace and Twitter, your company provides a home base for clients new and old to visit for updates and other pertinent information. Add to the fact that all of the aforementioned web stratagems are free; however, self serving. You have to do it yourself.
4. Collaboration Software. What once required lengthy man hours and salaried micromanagement has been done away with thanks to the SAS (software-as-a-service). This collaboration software phenomenon has revolutionized the process of project management as well as further reduced the need for office space thereby slashing your overhead.
By utilizing web access, your team shares a workspace in real time without having to be under the same roof. Task management, team meetings, and file sharing can be streamlined through a template based collaboration software. It's easy to use and the set-up time is minimal, depending on the software you choose.
5. Goals. Incentives such as cash bonuses and or vacation packages are okay, but without defined goals, your team is more or less competing amongst each other rather than collaborating to accomplish a common goal.
It helps to have a finish line on the horizon to keep those legs pumping. By setting defined goals and posting them for all to see, your team productivity should spike considerably, especially since progress is more easily gauged. If they can visualize the end, your team will know how hard they have to push to get there.
Sunday, 22 February 2009
have you changed your mind
Talleyrand famously said: “Only fools never change their minds”.
I can tell you ,I had to change.
I am possessing a lots of company's stock which is "china liantong" ,those were all from half year when would I bought it that was really high price.last friday I changed mind I couldn't still keep stocks.I thought it couldn't give me too many profits for a short term.therefore I on saled half of my total "china liantong" and changed to other stocks which can be made a good profits.
I hope I did right.not like before that I changed one stock ,it was grow sharply.missed be a rich young man
I can tell you ,I had to change.
I am possessing a lots of company's stock which is "china liantong" ,those were all from half year when would I bought it that was really high price.last friday I changed mind I couldn't still keep stocks.I thought it couldn't give me too many profits for a short term.therefore I on saled half of my total "china liantong" and changed to other stocks which can be made a good profits.
I hope I did right.not like before that I changed one stock ,it was grow sharply.missed be a rich young man
Thursday, 19 February 2009
a little bit with accident
I am so scared now.nearly I dead.just half hour ago,when I was across the traffic light,even I looked the light that was red for walker, I couldnt through it.but I didnt care about the light,I still wanted to pass.The moment has a bus which as 7C was driving toward me.then I didnt know the bus was coming.however I heard some sound that as bus brake. at the time only 30-50cm between the bus and me that it can be runned against me .the diver was so angry and said "something" to me.
After this undergo,i think i will never through traffices light when the light is red.
After this undergo,i think i will never through traffices light when the light is red.
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