I often get asked to conduct e-commerce workshops to assist participants in developing an e-commerce or e-business project plan for their organizations.
Find environmental programs and resources that could help improve your business. E-business strategy Effectively using information technology is an important part of managing a business.
In this section, you should outline how you plan to use internet technologies to reach customers, manage your business, and reduce costs.
You should include developing an e-business plan about: Discover some of the many ways you can use information communications technologies to your advantage.
Financial forecasts and other information This section of your business plan essentially turns your plans into numbers. As part of any business plan, you will need to provide financial projections for your business.
Your forecasts should run for the next 3 to 5 years.
However, the first 12 months' forecasts should have the most detail, including assumptions both in terms of costs and revenues, so investors can clearly see the thinking behind your numbers.
As you put your plans down on paper, remember the importance of thinking objectively. Analyzing your venture from three points of view — optimistic, pessimistic, and realistic — can give you a solid idea of what to expect as you move forward.
Your financial forecasts should include: Include working capital, salaries and sales. How much capital do you need, if you are seeking external funding? What security can you offer to lenders?
How do you plan to repay any borrowings? What are your sources of revenue and income? Your forecasts should cover a range of scenarios, and you should include the contingency plans you've developed to offset any risks.
You can also review benchmarks and averages for your type of business and discuss your business' position.
Find out how your business measures up to others in your industry with this benchmarking tool. Early planning will give you the opportunity to consider all of your options, including strategies that may take time to implement.
For example, if you plan on passing your business on to your children, you'll need sufficient time to train them and integrate them into your business. As you prepare your exit strategy, you will want to ask yourself the following questions: When do I want to leave my business?
What do I want to do with my business? Options include selling it, passing it on to a family member, or closing the business and liquidating its assets.
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This text offers a comprehensive introduction to the theory and practice of e-business and e-commerce management. The author.
Dear Twitpic Community - thank you for all the wonderful photos you have taken over the years. We have now placed Twitpic in an archived state. ABSTRACT The development of Information and Communication Technology (ICT) in Brunei Darussalam is guided by and coordinated in accordance to the National IT Strategic Plan .
OASIS is a not-for-profit consortium that brings people together to agree on intelligent ways to exchange information over the Internet and within their organizations. Read more. The petrochemical Master Plan presents a vision and creates a living blueprint, over a period of 20 years ( - ), for the development of a robust, internationally competitive petrochemical industry .
Canadian Business College’s E-Business Administration Program provides students with traditional business skills - combined with current digital media and technology training - to succeed in the competitive world of global business.