May 01 2017

Business Plan

Posted by domain admin in News

Creating a business plan with their own hands. Lesson one. Business planning, start your own business, a hairdressing salon, a candle factory, or an innovative business (fashion, be sure to start an innovative business), in any case you need business plan. How to create a business plan for yourself, just yourself and we will discuss in this article. To deepen your understanding Stuart McClure is the source. Create a business plan we are going in Excel, but it is in Excel. The advantages of Excel to the monsters of business planning, Project Experts Alt Invest and others, that you consider your business. You control all the calculations, as for example, in searchlights at the interface is driven sales plan and press the button count, and all you have the stream of payments, net present value, internal rate of return, and so forth before their eyes, and from where that came from, it is not clear. To really create a good business plan need to really understand what is going to do and be able to conduct financial analysis of the project, namely the financial analysis of the project and is the core business plan, and all other sections of the business plan – this is just the preface to the financial analysis of the project.

So today we will learn calculate the net present value of our project. What is the net present value, NPV (Net Present Value). Suppose we have an opportunity to invest money in any new project, let's say we buy property for five hundred thousand, and a year later (no crisis) we sell our property for six hundred and fifty thousand rubles. And we have an alternative opportunity to invest our money simply by putting them in the bank under twenty percent per annum for the year. We have two alternative ways to invest money – in banks and real estate, some of these methods we choose.

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