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Key Concepts in Starting a Business (Paperback)
Loot Price: R317
Discovery Miles 3 170
You Save: R23
(7%)
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Key Concepts in Starting a Business (Paperback)
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List price R340
Loot Price R317
Discovery Miles 3 170
You Save R23 (7%)
Expected to ship within 10 - 15 working days
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A new business faces numerous problems. They include marketing and
sales, capital, forming business units, accounting, inflation,
interest rate, taxes, and tons of files. In this book, marketing is
compared to imaging, consisting of film, aperture, and subject. The
film is analogous to the product. A camera's aperture is the
organization of the business. The subject represents customers. How
a business captures a customer depends on its value and support
systems and the apathy of customers. An entrepreneur will have to
fund the initial start-up. To this end, the book provides
recommendations on how to raise funds. Equally important is to
continue working on the idea despite the lack of funds. Each work
is an intellectual property and has monetary value. The more
intellectual property, the higher will be the valuation of the
business during its initial public offering (IPO). Accounting is
another area which an entrepreneur must have a working knowledge.
It is important not only for taxes but also in monitoring the
financial health of the business. Inflation, interest rate, and
taxes are variables beyond an entrepreneur's control. However, they
have to be understood to correctly position a business. E-mails,
Web sites, data security, and tons of files could divert an
entrepreneur's attention from the real issues of the business.
Somehow they have to be controlled, and this book provides
recommendations on managing them.
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