In Episode 93, we're bringing you Part 6 of our multi-part series, "How to Start a Business" which is geared towards people who want to start a business or refresh the one they already have.
In this episode, we thoroughly explain the concept of Barriers to Entry, the 10 types of barriers, why it's important to identify them, and how to overcome them. We will even analyze the 10 Cost Advantages that are a critical component of competitive strategies, especially when used in industries with price-sensitive customers.
We also deep dive into the Sales section of the business plan, helping you understand, ask and answer questions, and outline your company's sales strategy. In this episode we're covering:
- An Overview of Forecasting
- The various forecasting methods you can use
- Scenario planning
- Sales forecasting tools and software
- 17 different ways your company can show how it expects revenue to grow
- And more!
And yes, you have homework! So roll up your sleeves, grab something to take notes with, and get ready to get to work. Listen now!
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https://youtube.com/user/ForemanAssociates HOST: Natasha L. Foreman, Managing Director, Foreman & Associates, LLCWebsite:
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https://linkedin.com/in/NatashaLForeman Theme Song: “Higher Up” by Shane Ivers
Business Shout-Out Segment Song: “Pulsar” by Shane Ivers
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