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Rabu, 12 Juni 2019

The 30 Cheapest Places To Travel In 2017/2018-Travels And Tourism

     

The 30 Cheapest Places To Travel In 2017/2018-TRAVELS AND TOURISM


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The 30 Cheapest Places To Travel In 2017/2018-TRAVELS AND TOURISM


First and foremost, time to start packing your bags 2017 is shaping up to be a banner year for budget travel. The dollar is enjoying historic highs — meaning your money goes much further in many destinations around the globe — and according to an American Express Global Business Travel report, airfares are expected to fall in 2017.


Therefore, where should you go on your next trip? I interviewed 14 travel experts who make it their business to keep track of the best bargains around. Here are their favorite picks for the most affordable destinations to visit this year.


cheapest places to travel all inclusive The 30 Cheapest Places To Travel In 2017/2018-TRAVELS AND TOURISM


Here: Mazatlan, Mexico

This is chosen by: Holly Johnson, founder of Club Thrifty, a website with tips on travel savings whose motto is “Stop spending. Start living”

As a matter of fact, why: The current exchange rate ($1 = 20.69 Mexican pesos) makes Mexico one of the most affordable destinations. For the frugal traveler who wants to enjoy more culture than they might in the Riviera Maya, my top pick is Mazatlan. As the shrimp capital of Mexico and a foodie paradise, Mazatlan is teeming with awesome eateries and fresh, interesting dishes. Hotels (including all-inclusive properties) are extremely inexpensive and authentic since most aren’t part of the huge chains. El Cid Marina has awesome pools that are perfect for families, great food and huge rooms. (Rates are as low as $100 for a family of four.) You can also enjoy superb dining at a top-notch restaurant like Casa 46 for less than half what you’d pay in the United States.


Equally note: Sinaloa (the state where Mazatlan resides) grows the bulk of produce in Mexico, so Mazatlan produce is unbelievably cheap as a result. You see this reflected in top restaurants all the way down to street markets.


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Jumat, 14 Juni 2019

Is Cash And Profit The Same Thing? The Difference Between Cash And Profit In Business

     

Is Cash And Profit The Same Thing? The Difference Between Cash and Profit in Business


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The Key Difference Between Cash and Profit


First and foremost, what is the main relationship between cash and profit in accounting? Simply put, cash and profit are two different things? Knowing the difference between cash and profit is an asset. A few business men do not know the difference between cash and profit.

Speaking about this, let us liken cash to the air we breathe in and profit to the food we eat. Without air, we cannot survive, but without food for a few days we can still be alive. The point? A company or business organization needs cash always apparently for survival. But the same company can be fine at least for some time without profit?


On the other hand, if a company would have to survive, they cannot do away with cash, but this organization will still survive if they do not make profits at least for a period of time. Granted, both profit and cash are consequential if a company would want to develop. Interestingly, both cash and profit have their place and an entrepreneur must know this.

However, understanding the difference between cash and profit in operations will help a business know where focus will be driven out too. Also, having a clear cut understanding about the cash flow, will help the company to draw their success rate.


Note, another important reason why it is to vital to know the difference between cash and profit is that it gives the company or business a deeper understanding on the business activities and how the decisions by managements affects the company’s profit and how sustainable they will become in the near future.

Moreover, this article will analyze quality points to note in understanding the difference between cash and profit. This article will be of tremendous help to already established business and prospective entrepreneurs.


What is Cash?

Considering (this),  are you running an already established business? If so, then, the initial start-up cost for establishing, all the money needed to set up the business is your cash. Are you thinking of establishing a new business? If that is your case, then the money you’ve set aside, the one you will be offered by investors is your cash.

In either way, in any business, cash is always the king! Either you are already in a business, or you are thinking of creating one, it is important that you know how much cash you will be creating. If a company would want to survive, the key is on the manner at which the cash is being managed.

Equally, one good point to note about cash is that, in the long run, if an operation in the company is well profitable, it will give rise to stable source of cash for the business.



The Difference Between Cash and Profit in Business Is Cash And Profit The Same Thing? The Difference Between Cash and Profit in Business


What is Profit? 

with regards to (this), profit happens when the revenue generated exceeds the expenses incurred. Also called “net income”. Profit is the money gained outside the cash spent for purchasing, buying or operation cost of goods and services. For better calcification, let’s play in some figures.


  • Money Invested = $45,000
  • Money Generate= $75,000 (Over a period of one month)
  • You would note that there is an excess of $30,000. That is your profit and not the whole $75,000. This excess, will serve as a resources for you to invest in future operations.


However, the success of a business will be tied in with the amount of profit made during the cost of operation. Profits in a company tends to either fall or rise based on the tax paid.

Further, banks who gives out loans also are interested to know the profit a business owner is making since it will not only give you opportunity to birth new businesses but will also help you run a business in a responsible way.

Why You Must Know the Difference Between Cash and Profit

As for (this),  when you make profit, you might be tempted to give thought on expansion. But you really need to exercise great caution. Why? In a bit to expand, there will be many cash going in for the expansion. Including hiring more workers, buying more equipment.

Therefore, if care is not exercised, all cash might go in before realizing new money since you will be merging all the profit with the initial cash set up. How wise will it be to think on the cost of expansion before going in.


Nevertheless, most skilled entrepreneur sits down to calculate the expenses. They will never put all their profit into expanding their business, because they know quite well that expanding excessively give rise to potential danger.

In addition, they also recognize the fact that much money will be pumped into the expansion, thereby they consider it wise to do it gradual even though the profit made will not be much. And when they are ready to make expansions, they would have thought well on a strategic plan they have on ground, their budget and a forecast on their cash flow. Thus showing that they know the difference between cash and profit.


Conclusion

As am matter of fact, in a business both cash and profit are needed for an effective operation. Yet there is a difference between cash and profit. Cash is not profit, profit is not cash. Cash is the life blood of a business and must always be available, hence the business will collapse. Enough cash on ground will make it easier for future expansion.

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Kamis, 13 Juni 2019

Sample Marketing Plan Template-What Is The Marketing Plan?

     

Sample Marketing Plan Template-What is The Marketing Plan?


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THE SIMPLE MARKETING PLAN TEMPLATE TO GROW SMALL BUSINESS SALES


First and foremost, every entrepreneur who intends to build a successful business will certainly need a good marketing plan. As an entrepreneur, a good marketing plan for your business will ensure you clearly identify your sasaran market, as well as how you intend to get to them, and how you intend to keep making them demand for your products or services.

Secondly, Granted, a well-written marketing plan for your business will provide you with the needed compass that will direct more customers to your business.

More also, This marketing plan template clearly identifies some key sections you must not fail to include in your marketing plan for your business.

Executive Summary

As a matter of fact, this is the section which gives an overview of your marketing plan. The executive summary is simply a summary of the key aspects of your marketing plan. It is what readers read first, but what you must write last.

Your Product Offering

Concerning (this), in this section of your marketing plan, you will have to clearly write out the products and services you will be offering to your customers. It is important you exhaust the listing of all your products and services offering to know exactly what products and/or services you are offering your customers.

Target Customers

As for (this),  this section of your marketing plan should describe the market you are targeting in the course of doing your business. You must make effort in describing exactly the various groups that make up your sasaran market.

Also, efforts must be made towards defining their age group and gender, and may be their interests. You must be very meticulous in identifying your sasaran market, because your sales and marketing strategies will revolve around them.

Unique Selling Point (USP)

With regards to (this), this section is where you clearly describe your unique selling point. Your unique selling point is what differentiates you from your competitors. In this section, you have to clearly describe what makes you stand out from the rest of the competition –what advantages you have over the others. Your unique selling point could be your product pricing strategy or maybe the quality customer-services you have to offer.

Pricing and Positioning Strategy

On the subject of (this), this section allows you to disclose your pricing and positioning strategy. It is very important to note that both your pricing and positioning strategies must be in harmony. For instance, you do not want to offer a very low pricing for your products and/or services when you have clearly stated that your business wants to be recognized as a leading merk in the industry.


Therefore, offering your products or services at a very low price will only make customers not to be attracted to your brand, and make them not to want to even consider demanding for the products or services you have to offer.


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Distribution Plan

Indeed, this is the section in your marketing plan where you are to clearly explain how customers will get your products or services. To clearly write a good distribution plan, you will have to answer questions such as, how will customers demand for your products or services? Will it be directly from your company or through your website? Will your customers buy your products from distributors and retailers? It is very important you brainstorm several ways which you will be able to get your products to your customers, and make sure you clearly document them on this section of your marketing plan.


Offers

However, this section of your marketing plan is where you will clearly write out any offers you will be providing your customers. Offers are simply special deals you offer to your customers, either to attract new customers or to make sure more customers make more return purchases.
Your offer could include free trials of your products, discount offers for more purchases, money-back guarantees, etc. However, it is important you identify and stick to the offer that is best suited for your business.

Marketing Materials

On balance, you will also have to describe your marketing materials in your marketing plan. Your marketing materials are simply the resources you utilize in the promotion of your business to customers. These will include such things as your business website, your business brochure, business cards and fliers, business catalogs, etc.

Also, in this section of your marketing plan, you will make sure you clearly identify the marketing materials that have been completed, and the ones that are yet to be completed, as well as the ones you will have to create.


Promotion Strategy

Note, this section is a very important one in your marketing plan. It is in this section that you will clearly and fully detail how you will be able to get the attention of your customers.

In addition, there are various ways you could go about this, such as placing adverts on television and radio, advertising online on social media sites like Facebook, Instagram, etc., use of direct marketing, etc.
Therefore, whichever one you decide to adopt, be sure that it really suits your business, and it helps you fully capture the attention of your customers.

Financial Projections

This is the tamat section of your marketing plan where you have to make financial projections for your business. When writing the financial projection section, it is highly important you include all the financial information so far from the various sections of your marketing plan.

Given these points, you must include all the expenses you will incur as well as all the expected results as regards to sales, profits, and attraction of new customers.

As have been noted, you should not see your financial projection as 100% accurate; rather, you should see it as a guide. Your financial projection will only help you see things in a good perspective, and help you identify the various strategies that will afford you the most return on your investment.

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