Test if my business is financially sound
You are busy running your business and caught up in day-to-day operations. But sometimes it is important to check if your business is still financially solid. Here you check if your business is financially sound and able to survive tomorrow.Add to my I want tos
Start with describing how your business creates, deliveres and captures value. This will help you to get a complete picture of your business, i.e. your customers, your products, resources, cost sources, revenue streams, etc. The second step is to estimate the costs and revenues of your business. You determined already the revenue and cost structure and here you add the actual numbers. How high are your costs and revenues?
Case: Hardware Store overcomes economic difficulties
Euran rakennustarvike is a hardware retail company owned by the Helin family. It sells building...