How to become Zuckerberg: 7 acts of the founder of Facebook
On May 14, Facebook founder Mark Zuckerberg turned 29 years old. What you need to be to get a chance to become Zuckerberg? Here are seven actions and human qualities…

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We think differently! How to keep track of your money
Surely, every person making money faced such a problem as unaccounted spending, forcing them to worry about where the money went. We have a long and tedious to remember their…

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"Working" business tips from 25 millionaires
This material contains non-standard tips from 25 millionaires from around the world. Therefore, if the advice like "follow your heart", "give up 110%" and the like do not cause you…

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How to evaluate a business?

The question of competent assessment of business today is more relevant than ever. Indeed, in a recessionary economy, business efficiency is equal to its market value. And business owners are “fighting” over key indicators. In addition, these indicators are extremely important if you plan to acquire a new or sell an existing business.

You must have come across a certain “business slang” that is often “Americanized.” It comes to the fact that in Ukrainian and Russian languages ​​use the terms: costs (costs), fixed assets (fixed assets), etc. Similarly, there are a huge number of tools and indicators for business valuation: P / E-ratio, enterprise value (enterprise value, or EV), net cash flow (free cash flow, or FCF), etc.

This list is quite large and can confuse a novice businessman without special education. Fortunately, there are simple and logical business valuation rules that can be used in a dynamic business environment. Think about them when you think about your next cash investment.

Way of doing business
First of all, you need to understand and understand how the business attracts (in the case of startups, it is going to attract) new customers. What media are used at the same time, what advertising campaigns, what texts will help in this business and what the total cost of one client will result in. These things should be well thought out and realistic.

The next thing you need to know about business is how you plan to retain attracted customers, with what additional products, services and prices.

You need to consider the estimated cost of each client, depending on the media and advertising strategy in the first and subsequent years. It is also necessary to understand the product, why there is (or will be) demand for it, and what competitive advantages a company has with its product.

Industry Perspectives
This rule is as important as the first, and maybe even more important. Understanding the industry is often quite difficult. Each industry has its own dynamics. Retail, manufacturing and wholesale sales have different business processes and differ from each other. Within each industry, there are sectors that also function differently.

Clothing stores and bars are two examples of retail businesses that require a different approach. For example, stocks are a complex and critical business element for clothing stores. At the same time, it is not such an important factor for the normal functioning of a successful bar.

Pros and cons of sharing business with your loved one
You need a plan of action if you nevertheless decide to engage in a joint business with your other half.Therefore, considering the option of creating a new project, it is…

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5 signs that you should not open your business
To be or not to be your own business? This question is asked by many employees. Some rely on the fact that prices are rising, but wages are not, others…

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9 bad habits that will help in business
1. Attention to detail Entrepreneurs think big, often ignoring the details. When you run a home business, it's easy to manually control every letter, count every cent, but when your…

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Facebook rules the market: why is the absence of a company on Facebook a costly mistake?
Perhaps, doing business, you blithely ignored the promotion of your company on social networks, in particular on Facebook. You may have thought that you should not worry about attracting customers…

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