How Is Your eCommerce Business Finances Are? Chapter 6

By far we have learned major parts of preparing a perfect business plan. Till now we have decided a goal, commanded a business model, done with the research and prepared a report on market analysis, made a marketing strategy and also selected the right technology for your business but now comes the fundamental part, how are you going to handle finances out of all this?

Rocking question! How to manage profit and how to fathom losses. Budgeting and cash flows are of grate significance and these are principle factors for financial planning. Finance planning provide a lot of benefits for your business in future times. Let us have a look at some essential components of business planning