4 Examples Of A Business Concept

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The Internet allows people from all over the world to get connected inexpensively and reliably. As a technical infrastructure, it is a global collection of networks, connected to share information using a common set of protocols. Also, as a vast network of people and information, the Internet is an enabler for e-commerce as it allows businesses to showcase and sell their products and services online and gives potential customers, prospects, and business partners access to information about these businesses and their products and services that would lead to purchase.

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This is the cornerstone of a business plan. Many young people dream of how they will make millions. Instead, think of how you will develop and sell one product or one hour of service and make a profit; everything will build from that An economics of one unit will have three numbers: the price of one unit, the cost of goods sold (which is subtracted from the price, leaving the “contribution margin” – or gross profit). This number is key, as it will be added to the fixed costs per unit. The resulting number will be your profit (before taxes).

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