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  2. Cost breakdown analysis - Wikipedia

    en.wikipedia.org/wiki/Cost_breakdown_analysis

    Overhead is an ongoing business expense which cannot directly be allocated to a particular cost unit, which is why they belong to the so-called hidden costs. [7] Despite not directly creating profits, they do still contribute to the ongoing business activities. [8] [9] Overhead can, for instance, be in the form of company cars. Buying a company ...

  3. Cost reduction - Wikipedia

    en.wikipedia.org/wiki/Cost_reduction

    Supplier consolidation: see examples in the aerospace manufacturing industry; Low-cost country sourcing; Outsourcing: experience in the United States suggests that businesses primarily outsource to reduce peripheral and "non-core" business expenses. [8] Request for quotations (RFQ) Supplier cost breakdown analysis; Design workshops with suppliers

  4. Total cost of ownership - Wikipedia

    en.wikipedia.org/wiki/Total_cost_of_ownership

    Examples include: return on investment, internal rate of return, economic value added, return on information technology, and rapid economic justification. A TCO analysis includes total cost of acquisition and operating costs , as well as costs related to replacement or upgrades at the end of the life cycle.

  5. How to track business expenses in 6 simple steps - AOL

    www.aol.com/track-business-expenses-6-simple...

    According to a 2022 report from the Association of Certified Fraud Examiners, asset misappropriation—which includes expense report fraud—accounts for 86% of all occupational fraud cases. Small ...

  6. Business model canvas - Wikipedia

    en.wikipedia.org/wiki/Business_Model_Canvas

    The business model canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.

  7. Proposal (business) - Wikipedia

    en.wikipedia.org/wiki/Proposal_(business)

    Business proposals are often a key step in a complex sales process, where a buyer considers more than price in a purchase. [1] A proposal puts the buyer's requirements in a context that favors the seller's products and services, and educates the buyer about the seller's capability to satisfy their needs. [2]

  8. Executive summary - Wikipedia

    en.wikipedia.org/wiki/Executive_summary

    Executive summaries are important as a communication tool in both academia and business. For example, members of Texas A&M University's Department of Agricultural Economics observe that "An executive summary is an initial interaction between the writers of the report and their target readers: decision makers, potential customers, and/or peers.

  9. Business plan - Wikipedia

    en.wikipedia.org/wiki/Business_plan

    For example, a business plan for a non-profit might discuss the fit between the business plan and the organization's mission. Banks are quite concerned about defaults, so a business plan for a bank loan will build a convincing case for the organization's ability to repay the loan.