Business Quantification and Implementation

Key Concepts

• Business Implementations: Essential for achieving business objectives and gaining competitive advantage.
• Strategic Planning: Provides clear direction and value to customers; crucial for success.

Forecasting and Ratio Analysis

• Forecasting: Uses historical data for predicting future trends.
  • Key for risk identification and resource allocation.
• Factors in Sales Forecasting:
  • Competition, Macroeconomics, Events, Law, Season, Employees.

Creating a Sales Forecast

• Formulas:
  • Markup, Selling Price, Projected Revenue formulas provided.

Example: La Mira Bella RTW Shop

• Cost and Sales Forecasting:
  • Detailed daily, monthly, and annual projections for summer dresses and jeans.
• Revenue Adjustments:
  • Based on seasonal factors such as peak season and school season.

Ratio Analysis

• Profitability Ratios:
  • ROI, Operating Income Ratio, Return on Assets.
• Financial Health Ratios:
  • Stockholder's Ratio, Debt Ratio, Debt-to-Equity Ratio.
• Liquidity Ratios:
  • Quick Ratio, Current Ratio.

Value Chain Analysis (VCA) Model

• Primary Activities: Inbound Logistics, Operations, Outbound Logistics, Marketing and Sales, Service.
• Support Activities: Infrastructure, HR Management, Tech Development, Procurement.

Managing Human Resources

• The People Strategy:
  • Encompasses recruiting, retaining, rewarding, retooling, and recycling employees.
• The Eight Rs of HR: Recruiting, Routing, Retaining, Resonating, Reviewing, Rewarding, Retooling, Recycling.

Business Model Canvas (BMC)

• Components:
  • Customer Segment, Customer Relationship, Channels, Revenue Streams, Key Activities, Key Resources, Key Partners, Cost Structure, Value Proposition.

Business Permits and Licenses (Philippines)

• Essential Permits:
  • Bureau of Internal Revenue, Barangay Clearance, DTI Registration, Mayor's Permit, SEC Registration.
• Employee-related Permits: SSS, PhilHealth, Pag-IBIG.

References

• Various textbooks, articles, and online resources related to business strategy and financial planning.